- Robert Kiyosaki, author of The Rich Dad, Poor Dad, sees Bitcoin’s price drop as a buying opportunity, not a reason to panic.
- He believes the real crisis lies in the falling traditional monetary system and unsustainable US debt.
It seems like Robert Kiyosaki, the bestselling author of Rich Dad Poor Dad, is seeing an opportunity where others are seeing disaster with this Bitcoin price crash. He doesn’t just look at the surface-level volatility that gets everyone panicking; instead, he zooms out and points to what he sees as the real problem: the U.S. monetary system and that mountain of national debt.
Why Bitcoin is a Safe Bet in a Broken System
The U.S. financial system is in deep trouble. According to Kiyosaki, the country is essentially bankrupt, with a staggering $230 trillion in debt. This includes obligations like Social Security and Medicare, which are becoming increasingly difficult to sustain. The situation worsens as major buyers of U.S. bonds, like Japan and China, are pulling back. If this trend continues, it could lead to skyrocketing inflation and a potential collapse of the U.S. dollar.
Kiyosaki doesn’t pull any punches with his criticism of the financial system. He’s been consistently vocal about what he sees as fundamental problems, those criminal bankers and the manipulation of fiat currency that he talks about.
His perspective is pretty certain. He essentially views the traditional system as rigged, designed to keep regular folks struggling while the elite continue to benefit. This view has resonated with many people, especially after events like the 2008 financial crisis shook public trust.
What makes Bitcoin appealing in his framework is precisely that independence from the institutions he distrusts. The decentralized nature means no single authority can control it, the transparency lets everyone see what’s happening, and the fixed supply prevents the kind of manipulation that’s possible with traditional currencies.
For Kiyosaki, Bitcoin’s crashes are not a cause for concern but an opportunity to buy more. He compares it to trading fake money (fiat currency) for assets like gold, silver, and Bitcoin. These assets, unlike the dollar, hold intrinsic value and aren’t subject to the same risks of inflation or devaluation.
Bitcoin: Money with Integrity
Kiyosaki describes Bitcoin as money with integrity because any single entity does not control it and operates on a transparent, global network. While its price may fluctuate in the short term, its long-term value lies in its ability to serve as a hedge against a failing financial system.
In a world where traditional money is losing trust, Bitcoin represents a new kind of financial freedom. Kiyosaki’s advice is clear: Don’t panic; buy more when Bitcoin crashes. He sees it as a way to protect wealth from the inevitable collapse of fiat currencies and the mismanagement of the global monetary system.
For those willing to embrace the volatility, Bitcoin offers a chance to break free from the constraints of a broken system. As Kiyosaki puts it, “I’ll trade fake money for gold, silver, and Bitcoin anytime they go on sale.” At the time of writing, Bitcoin is trading at $86,423, down 2.10% in the last 24 hours, with a trading volume of $70.76B.
