Robert Kiyosaki Reiterates Strong Preference for Bitcoin Over Gold and Silver

Robert Kiyosaki, the author of the bestselling book "Rich Dad Poor Dad," has once again highlighted his strong preference for Bitcoin over traditional assets like gold and silver.

Kiyosaki, who also invests in gold and silver, noted a critical distinction: more gold and silver can always be mined if prices make it economical. This contrasts directly with Bitcoin, which has a permanently fixed supply. This characteristic, Kiyosaki argues, makes Bitcoin immune to supply increases from central bank policies or expanded mining efforts, unlike traditional commodities.

This inherent scarcity, according to Kiyosaki, is a primary reason Bitcoin serves effectively as a hedge against inflation and the debasement of fiat currencies. As traditional currencies face mounting pressures from global economic instability and government spending, he contends that Bitcoin's unchangeable supply offers a reliable store of value.

"Why Bitcoin is a better asset than gold or silver:One reason why I trust Bitcoin is there are only to ever be 21 million.I own gold and silver mines and oil wells. If the price of gold, silver, or oil goes up, I will simply mine or drill for more, expanding supply. I trust Bitcoin because its supply is fixed forever. #Bitcoin"

Kiyosaki's recent emphasis on Bitcoin aligns with his ongoing warnings about the diminishing strength of the U.S. dollar. He has been advising investors to acquire Bitcoin as a means to preserve their purchasing power, asserting that the dollar is being "wiped out."

In an April 13 post on X, Kiyosaki highlighted three market indicators reflecting a potential shift in the economic landscape.

"PLEASE LISTEN to Gold, Silver, & Bitcoin. What are they telling you?Gold is at an all-time high, demand for silver is exploding, and Bitcoin is roaring.Are you listening?REPEATING MYSELF, I warned of the biggest stock and bond market crash in history was coming in my book 'The Rich Dad's Babylon' in 2002. It's coming. Get ready or get wiped out."

Predicting a "giant crash" and seeing opportunity in crisis, Kiyosaki added:

"How low can Bitcoin go? Some say $300. If Bitcoin goes down to $300, I'm buying more. In 2009, at the height of the financial crisis, I bought a $49,000 Ferrari for $18,000, and my wife bought a $79,000 Mercedes-Benz for $30,000. Financial crises present great opportunities to acquire assets at low prices."

While discussing such crises, Kiyosaki used a hypothetical scenario, asking how people might react if Bitcoin's price suddenly dropped to $300, implying it could test investor conviction. However, he also consistently notes that financial crashes have historically presented significant opportunities for savvy investors to acquire valuable assets at deeply discounted prices, drawing parallels to the investment environment during the 2008 financial crisis.