Robert Kiyosaki: Bitcoin Could Be a Scam, But…

Carmen Brooke Martin
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3 Min Read

Renowned financial educator and author of the bestselling book Rich Dad Poor Dad, Robert Kiyosaki, has once again made headlines with his views on the global financial system. While he acknowledges that Bitcoin could be a scam, he argues that it may still serve as a crucial hedge against financial collapse. He remains skeptical of Bitcoin ETFs, insisting that only real Bitcoin is worth buying.

Robert Kiyosaki: Bitcoin Could Be a Scam, But… = The Bit Journal

Kiyosaki’s Skepticism Toward Bitcoin ETFs

Kiyosaki has been vocal about his distrust of Bitcoin ETFs, referring to them as “banker’s money.” He believes that these products undermine the independent spirit of cryptocurrencies and likens them to gold and silver ETFs, which he has long criticized as extensions of a corrupt financial system.

Instead, Kiyosaki urges investors to hold physical gold, silver, and Bitcoin directly, rather than relying on intermediaries. He warns, “Protect yourself from bankers. Buy real gold, silver, and Bitcoin—not gold, silver, or Bitcoin ETFs. Those are banker’s money.”Robert Kiyosaki: Bitcoin Could Be a Scam, But… = The Bit Journal

Bitcoin vs. Traditional Financial Systems

Kiyosaki’s investment philosophy aligns with his deep-rooted skepticism toward centralized financial institutions. Over the years, he has been critical of the U.S. dollar, the Federal Reserve, and the banking system. He argues that while Bitcoin may have flaws, they pale in comparison to the failures of traditional finance.

He has accused the Federal Reserve and leading banks of propping up failing institutions instead of letting them face consequences. With repeated warnings of an impending financial crash, Kiyosaki urges people to take action to safeguard their wealth.

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Despite his long history of predicting market collapses—some of which have not materialized—his core belief remains the same: alternative assets like Bitcoin, gold, and silver offer a hedge against economic instability.

Robert Kiyosaki: Bitcoin Could Be a Scam, But… = The Bit Journal

Kiyosaki’s Bitcoin Price Prediction for 2025

Kiyosaki’s latest remarks come at a time when Bitcoin and the broader crypto market are experiencing significant outflows and price declines. However, he views this as an opportunity rather than a reason for concern.

He predicts that Bitcoin will reach new highs by 2025, trading between $175,000 and $350,000. This projection is notably lower than his previous estimate, in which an AI-powered analysis suggested that BTC could hit $500,000 by 2025.

While opinions on Kiyosaki’s predictions are divided, his stance remains clear: investors should prepare for financial turbulence by owning real Bitcoin rather than relying on centralized financial products.

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Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.

Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.

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Financial Writer Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry.What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content.As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.
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