Tag: Street

• Kiyosaki accused Wall Street of promoting paper assets that benefit insiders.
• He said gold, silver, and Bitcoin provide value outside institutional control.
• His Bitcoin forecast puts the price at $250,000 by 2026.

As volatility grips the crypto market again, Rich Dad Poor Dad author Robert Kiyosaki has stepped up in defence of Bitcoin and decentralised assets.

Amid renewed price swings and public doubt over digital currencies, Kiyosaki argued that Bitcoin remains a hedge against centralised financial systems and inflation.

He described it as “people’s money,” contrasting it with what he calls “fake money” issued by the US Federal Reserve and Treasury.

While Warren Buffett’s past criticisms labelling Bitcoin as “gambling” resurfaced online, it was Kiyosaki’s response that reignited debate across financial communities.

His message was clear: the fault lies not with crypto, but with a broken fiat system that he believes Wall Street continues to uphold.

Fiat risks and distrust in institutions

Kiyosaki has long rejected the idea that centralised institutions should be the backbone of wealth.

In his view, the real danger to investors is not Bitcoin’s volatility, but the ongoing reliance on a system driven by inflation and debt.

He warned that assets like stocks and bonds, frequently promoted by institutional investors, are just as vulnerable to collapse.

According to him, the core issue is trust. While traditional markets claim to offer safety, Kiyosaki sees them as tools that enrich the powerful while exposing regular people to risk.

This, he argues, is why decentralised assets like Bitcoin and Ethereum are gaining ground—they provide financial autonomy in an unstable environment.

He classifies gold and silver as “God’s money” and Bitcoin as “people’s money,” highlighting their independence from government control and printing presses.

With Bitcoin capped at 21 million coins, Kiyosaki says it offers protection that fiat currencies simply cannot match.

Kiyosaki’s challenge to the financial establishment

As Wall Street continues to sell institutional products, Kiyosaki is urging people to reconsider what really holds value.

He questioned how long investors can trust paper-based assets in a world where central banks can print currency without limits.

He emphasised that real-world necessities cannot be replaced with financial abstractions.

“You cannot live in a paper house, drive using paper fuel, or eat paper food,” he wrote, pointing to the artificial nature of fiat-based wealth.

By comparison, assets like Bitcoin offer a limited-supply, decentralised alternative that he believes is better suited to survive economic instability.

Bitcoin prediction and market direction

Amid the broader market uncertainty, Kiyosaki has also made a bold forecast. He predicts Bitcoin could reach $250,000 by 2026, a significant rise from its current level around $95,600.

While this projection is speculative, it aligns with his belief that decentralised assets will outperform as trust in fiat continues to erode.

Though Warren Buffett’s view of Bitcoin as speculative persists, Kiyosaki’s message offers a pointed challenge to the financial status quo.

His comments reflect a growing shift in investor sentiment, where control, transparency, and scarcity are seen as more valuable than institutional assurance.