TL;DR
- Robert Kiyosaki, author of Rich Dad Poor Dad, renewed his call for investors to buy Bitcoin, calling it the world’s “first truly scarce money.”
- He emphasized the growing FOMO as Bitcoin nears its 21 million supply limit.
- Kiyosaki dismissed crypto “clickbait” and reaffirmed that Bitcoin and Ethereum are real money, warning that the U.S. debt crisis makes traditional fiat increasingly unstable.
Financial educator and best-selling author Robert Kiyosaki has once again sparked debate with his latest warning to investors. In a post on October 22, he urged followers not to delay their Bitcoin purchases, stressing that “FOMO is real” as the cryptocurrency approaches its final supply threshold. His comments come amid a wave of renewed optimism in the digital asset market, with Bitcoin hovering near $109,000 and institutional interest steadily growing.
Kiyosaki described Bitcoin as “the first truly scarce money,” highlighting its fixed cap of 21 million coins. With nearly 20 million already mined, he suggested that demand could surge once people realize how little remains available. This scarcity, he said, is what separates Bitcoin from all other financial assets, including gold, and why he continues to increase his holdings despite market volatility.
Real Money Beyond Hype
A few hours after his initial post, Kiyosaki followed up with another message addressing the sensationalism that often dominates crypto media. He criticized online influencers who exploit exaggerated headlines predicting Bitcoin’s collapse or impossible price targets. According to him, such noise distracts from the genuine financial revolution that digital assets represent and the fundamental shift away from centralized control.
Kiyosaki reaffirmed his belief that both Bitcoin and Ethereum hold real, intrinsic value, contrasting them with traditional currencies tied to government debt. He pointed to the ballooning U.S. national debt—now exceeding $37 trillion—as proof that hard assets are the only reliable store of value.
“Gold, silver, Bitcoin, and Ethereum are the real money today,” he said.
Bitcoin’s Short-Term Weakness, Long-Term Confidence
Despite Kiyosaki’s strong endorsement, Bitcoin’s performance remains volatile. Over the past week, it has dipped more than 1%, though it managed a 2.05% gain in the last 24 hours, now trading at $109,486. Daily trading volume sits near $75 billion, while its market capitalization has rebounded to about $2.18 trillion.
Analysts believe the upcoming U.S. Consumer Price Index (CPI) report, due October 24, could determine Bitcoin’s next major move. Still, long-term supporters like Kiyosaki argue that such short-term fluctuations are irrelevant compared to Bitcoin’s growing role as a global hedge against economic instability and financial mismanagement.
