Robert Kiyosaki Defends Bitcoin, Questions Traditional Investment Giants

Recently, Kiyosaki took to social media to reignite the ongoing debate about Bitcoin, aiming criticism at iconic investors Warren Buffett and the late Charlie Munger.

Referring to them as “very old, very rich men,” he dismissed their longstanding skepticism toward cryptocurrency, questioning their relevance to Bitcoin’s future. Notably, Kiyosaki misattributed Buffett’s 2018 critique of Bitcoin as “rat poison squared,” instead calling it “rat droppings,” and appeared unaware of Munger’s passing in 2023.

Despite his tendency for dramatic statements, Kiyosaki remains unwavering in his belief in Bitcoin’s potential. After predicting a drop to $60,000, he later revised his outlook with a lofty $350,000 price target for 2025. His commitment to BTC, alongside traditional assets like gold and silver, reflects his strategy to hedge against economic uncertainty and preserve wealth.

Kiyosaki also highlighted the importance of understanding investments and aligning with forward-thinking experts. He positioned Bitcoin as a crucial part of his portfolio, claiming it offers opportunities that traditional strategies overlook. While his remarks stirred controversy, they underscored his intent to challenge conventional financial wisdom.

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Though Bitcoin’s 125% gains over the past year validate Kiyosaki’s bullish stance, his predictions often spark skepticism. For traditional investors like Buffett, whose approach prioritizes tangible value, Bitcoin’s volatility remains a nonstarter. Regardless of the polarizing reception, Kiyosaki’s bold assertions ensure he continues to be a prominent voice in the financial landscape.

Alexander Zdravkov