Kiyosaki Dumps Gold for Bitcoin: ’Rich Dad’ Bets Big on Digital Over Shiny Rocks
Robert Kiyosaki—author of ’Rich Dad Poor Dad’—just threw gold and silver under the bus. His new pick? Bitcoin. The finance guru claims the crypto king outpaces ancient stores of value, calling bullion ’grandpa’s money’ in a digital age.
Wall Street’s gold bugs are sweating. Meanwhile, Bitcoin maximalists grin as another traditional finance heavyweight defects—proving even old-money darlings can’t ignore 21st-century math.
*Cue the sound of hedge funds quietly rebalancing portfolios when nobody’s looking.*
Peter Schiff’s Counterpoint
The warning signs, Kiyosaki says, have been there for decades. Recalling Rich Dad’s Prophecy, he claims we’re on the edge of the biggest crash in modern history.
When it hits, the Fed will likely reach for the same old fix—money printing. That’s why he’s holding Bitcoin.
However, not everyone is convinced of Bitcoin’s superiority. Long-time Bitcoin critic and gold advocate Peter Schiff remains one of its harshest detractors, labeling the cryptocurrency as a scam. Schiff argues that Bitcoin’s recent price rally is setting the stage for a significant crash.
“Gold is up another $45, trading above $3,380…Silver is also starting to perk up,” Schiff noted in a statement, highlighting the strength of traditional precious metals.
Schiff has consistently dismissed Bitcoin as speculative and unsustainable, but has come around to seeing its utility as digital gold.
The Bitcoin vs. Gold Debate
Gold is winning on the scoreboard this year, but Bitcoin isn’t out of the fight. Despite a rough start, BTC is back above $98,000—buoyed by investors who believe its real value kicks in when traditional systems start to crack.
As global economic uncertainty rumors grow louder, the debate between digital and physical refuge will be front and center.
We’ll see if Bitcoin continues to convince more under the “digital gold” narrative.
Key Takeaways
- Robert Kiyosaki is back in the headlines, doubling down on Bitcoin while taking another swing at the dollar and gold.
- Despite sharp declines earlier in the year, Bitcoin recently climbed back above the $98,000 mark,
