Kiyosaki: Educated Investors Buy Bitcoin

Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has once again urged investors to buy Bitcoin.He is confident that financially educated people are better positioned to protect their wealth from inflation and the erosion of the U.S. dollar’s purchasing power.In a post on X, Kiyosaki claimed that the U.S. The Treasury's latest measures amounted to another round of quantitative easing, or “printing fake $.”He argued that a weakening dollar would fuel inflation and punish savers who continue to hold cash.“Don’t be a loser,” Kiyosaki wrote.He said investors who understand money and acquire assets that appreciate over time, including gold, silver, Bitcoin and some real estate and “get richer.”Kiyosaki has stated that the real cost of financial ignorance is not the money spent on education but “the money you do not make.”These comments come amid renewed concerns over U.S. government debt and Treasury-market conditions. The Treasury announced in August that it planned to increase its repurchases of longer-dated government bonds to at least $4 billion per operation.The threat of monetary debasement Kiyosaki has long used the threat of monetary debasement and excessive government debt as a key argument for holding Bitcoin.In June, he argued that savers could be among the biggest losers in a system where governments and central banks expand the money supply.A long list of failed predictions His belief in Bitcoin’s long-term potential has also remained unusually strong.In June 2024, Kiyosaki predicted that Bitcoin would reach $350,000 by August 25 of that year.The prediction did not materialize, but this did not stop Kiyosaki from raising his long-term targets.In November 2024, he said BTC could reach $500,000 in 2025.Kiyosaki said he strongly believed Bitcoin could surpass $1 million by 2035, alongside forecasts of $30,000 gold and $3,000 silver. He later reiterated that a $1 million Bitcoin could become possible by 2030.Critics point to his track record of making extremely bullish Bitcoin forecasts with shifting deadlines. His $350,000 target for August 2024, for example, was presented as a prediction rather than a guaranteed outcome.Later forecasts moved substantially higher (from $500,000 to $1 million).