Key takeaways:
- Kiyosaki Adds to Bitcoin Holdings, Eyes $1 Million Target: The Rich Dad Poor Dad author said he would prefer to risk being “a sucker” than miss out if Bitcoin reaches $1 million.
- Longstanding Support for Hard Assets: Kiyosaki reiterated his belief in Bitcoin, gold, and silver as protections against inflation and monetary policy risks.
- Crypto Executives Echo High-Value Predictions: Michael Saylor and Changpeng Zhao have issued similar predictions, citing institutional adoption and macroeconomic trends.
- Skeptics Raise Doubts Over Bitcoin’s Viability: Economists Eugene Fama and Warren Buffett remain critical, questioning Bitcoin’s stability and long-term function as money.
Robert Kiyosaki, author of the bestselling personal finance book Rich Dad Poor Dad, took to Twitter on Monday to announce his latest Bitcoin purchase, expressing a mix of satisfaction and apprehension about the decision. “I realize I could be wrong and a sucker. Would not be the first time in my life I was played for a FOOL,” he wrote.
Despite the overtone of caution, Kiyosaki has consistently voiced his belief in alternative assets such as Bitcoin and gold. This time, he suggested the greater risk would be missing out entirely if Bitcoin were to skyrocket. “I’d rather be a sucker than a LOSER if Bitcoin does go to $1 million,” he stated, implying that losing $100,000 is a smaller price than foregoing a potential windfall.
“Nobody likes being suckers or losers,” Kiyosaki continued, adding that such risk is part of what makes life exciting.
Kiyosaki concluded his post with a note on the importance of thinking independently and taking personal responsibility, cautioning followers not to take his remarks as investment advice. “Think for yourself…. Do not listen to my ramblings,” he wrote. The message echoed a principle widely embraced in the cryptocurrency community: DYOR, or Do Your Own Research.
From Copper Coins to Crypto: Kiyosaki’s Financial Awakening
Kiyosaki has long positioned himself as a critic of the traditional financial system, frequently accusing central banks and governments of devaluing currency through inflation and excessive intervention.
Over the years, he has promoted other assets, such as Bitcoin, gold, and silver, as safer stores of value outside what he describes as a manipulated and debt-driven monetary regime.
In one of his interviews, Kiyosaki referred to Bitcoin as “people’s money,” gold as “God’s money,” and silver as an overlooked asset with explosive potential. His posts often reflect deep skepticism toward fiat currency and conventional investment vehicles.
In a recent post on social media platform X, Kiyosaki claimed the current financial system is based on deception and warned that long-standing manipulation of precious metals markets may soon unravel. “As you know the Fed, Banks, and Government have been playing games with money,” he wrote. “Our wealth is stolen via our money via inflation and taxation.”
He went on to say he first grew suspicious of the system after noticing “a copper tinge on the edge” of coins, describing the moment as the start of his awareness that something was not right.
Kiyosaki predicted that the alleged suppression of gold and silver prices through forward selling may collapse as early as September, urging investors to purchase silver coins before what he called “market integrity” returns.
“I suspect their con game is coming to an end and the real price of silver will explode,” he said, adding that silver could rise in value by two to five times within the year.
Bitcoin Could Reach $1 Million, Say Industry Veterans
Two leading voices in the cryptocurrency sector have echoed Robert Kiyosaki’s view that Bitcoin could eventually reach $1 million, lending institutional weight to a price target once considered fringe.
Michael Saylor, executive chairman of MicroStrategy, said in an interview with Bloomberg that he sees no return to bear market conditions and views Bitcoin as the world’s premier long-term store of value.
“If Bitcoin is not going to zero, it is going to $1 million,” Saylor said, describing the asset as “digital gold” and advising investors to accumulate steadily over the next decade. MicroStrategy holds more than 597,325 BTC on its balance sheet, making it one of the largest corporate holders of the cryptocurrency.
Similarly, the founder and former chief executive of Binance, also pointed to a potential seven-figure valuation during a May interview on Rug Radio. CZ said he expects Bitcoin could trade between $500,000 and $1 million during the current market cycle, citing the influence of U.S.-listed spot Bitcoin ETFs and increasing institutional participation. “ETFs, especially Bitcoin ETFs, are a key driver of the bullish trend, but with small volatile corrections,” he said.
Skeptics Warn Bitcoin May Fall Short of $1 Million Target
While some industry leaders foresee Bitcoin reaching seven figures, others remain unconvinced. Nobel laureate Eugene Fama is among the critics, warning that the cryptocurrency’s volatile nature and lack of inherent stability could ultimately render it worthless.
Speaking on the Capitalisn’t podcast, Fama questioned whether Bitcoin and other digital currencies can function as reliable mediums of exchange, citing their price instability and speculative behavior. “They don’t have a stable real value,” he said. “That kind of medium of exchange is not supposed to survive.”
Meanwhile, legendary investor Warren Buffett has long dismissed Bitcoin as irrational speculation. He infamously labelled it “probably rat poison squared”, arguing that the asset offers no intrinsic value and relies solely on finding a willing buyer at a higher price.
In Conclusion
While Robert Kiyosaki’s $1 million Bitcoin prediction may seem bold, it is not without precedent. Industry figures like Michael Saylor and Changpeng Zhao have echoed similar forecasts, citing macroeconomic instability and increasing institutional adoption as key drivers.
At the same time, prominent skeptics such as Eugene Fama and Warren Buffett warn that Bitcoin’s volatility and lack of intrinsic value could ultimately undermine its viability.
This divide underscores an ongoing debate over the future of digital assets, and leaves investors with one clear directive: DYOR.
Read More: Market Digest: BTC Slips to $106K, Gold Rises on Tariff Threats and Fed Pressure
