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Financial guru and author of "Rich Dad Poor Dad" Robert Kiyosaki has again shown his bullishness regarding Bitcoin, considering its recent fall in price as a good investment opportunity. On February 27, 2025, the price of Bitcoin fell to $85,000, a fall of 22% from its record high of $109,114 in January. Even though the price of Bitcoin fell, Kiyosaki is positive about the cryptocurrency's future prospects.
Kiyosaki's View on the Fall
In reaction to the recent market fluctuations, Kiyosaki used social media to offer his thoughts. He insisted that the real problem is not with Bitcoin but with the world monetary system and conventional banking systems. Citing systemic economic vulnerabilities, especially in the U.S., Kiyosaki identified the country's rising debt levels as a major issue.
He said, "The issue is not BITCOIN. THE ISSUE is our Monetary System and our crooked bankers. America's broke. Our debt, including our social programs like Medicare and Social Security, plus our $36 trillion debt, is more than $230 trillion."
Advocacy for Alternative Assets
Kiyosaki has always promoted investment in alternative assets like Bitcoin, gold, and silver. He calls gold and silver "God's money" because they are naturally occurring and have intrinsic value, and labels Bitcoin as "people's money" since it is decentralized and not controlled by the conventional financial system. According to Kiyosaki, these assets are good hedges against economic turmoil and inflation, providing a hedge against the devaluation of fiat currencies.
Market Situation and Prognosis
The current slump in Bitcoin prices is a result of a host of reasons ranging from economic turmoil around the globe to reactions of investors towards global geopolitics. Interestingly, new tariffs introduced by the American administration on imports from Mexico, Canada, and China have added to the market's volatility. As such, according to Kiyosaki, these periods of slumps provide astute investors with strategic points of entry.
He has also foretold massive market corrections in the past, positing that a serious stock market crash may happen soon. Based on these projections, Kiyosaki encourages investors to start diversifying their portfolios into assets such as Bitcoin, which he believes are intrinsically valuable and less vulnerable to economic decline.
Investor Takeaways
Though Kiyosaki's views constitute a contrarian approach to popular financial advice, they do support diversification as well as highlight the possible merit of having alternative assets in a portfolio. Since any investment may have its place, prospective investors need to be thoroughly informed and determine their degree of risk sensitivity, and might also seek expert advice from money professionals.