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Robert Kiyosaki Warns Bitcoin “Bubble” Could Soon Burst Alongside Gold and Silver

Robert Kiyosaki Warns Bitcoin “Bubble” Could Soon Burst Alongside Gold and Silver

Robert Kiyosaki, author of the bestselling financial book Rich Dad Poor Dad, has issued a stark warning that Bitcoin, gold, and silver could all face major corrections soon.

In a post on Monday, Kiyosaki said, “Bubbles are about to start busting,” suggesting that the current price rallies in these assets are unsustainable. “Odds are gold, silver, and Bitcoin will bust too,” he added, while noting that such a crash would present him with an opportunity to buy.

His comments came just a week after Bitcoin surged past $120,000 for the first time, a milestone Kiyosaki had earlier described as “bad news for who… for whatever reason… never ‘pulled the trigger,” adding that these people “own nothing.” Despite celebrating the price peak, he cautioned investors against greed, quoting the adage, “Pigs get fat, hogs get slaughtered. I am buying one more [Bitcoin]… and get fatter,”  before pausing further purchases until he gains clarity on broader economic trends.

However, his latest bearish outlook appears to contradict his earlier remarks this month, when he criticized what he called “clickbait losers” who warn of an impending Bitcoin collapse to scare off speculators.

Some market analysts argue that Kiyosaki’s dire predictions often fail to materialise. Brew Markets, a market newsletter, highlighted that the author has repeatedly forecasted stock and crypto crashes without success. Meanwhile, concerns persist among analysts that Bitcoin treasuries could face a “death spiral” if prices plunge sharply, potentially exposing companies holding large BTC reserves to severe losses.

Yet others disagree with the bubble narrative. Joe Burnett, Director of Bitcoin Strategy, insisted that Bitcoin is far from a speculative bubble because most people still lack a clear understanding of its true nature as an asset. He argued that companies holding Bitcoin are not experimenting with capital but rather “deploying it immediately into Bitcoin, not into an idea, into money itself.”

Echoing similar sentiments, “Cape,” the founder of the Furyou NFT collection, noted that Bitcoin has been dismissed as a bubble and scam nearly every year since it was created, but continues to prove critics wrong.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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