TLDR
- Kiyosaki backed Bitcoin and Ethereum while rejecting Buffett and Schiff’s public criticism of crypto assets.
- He said Schiff sells gold, which creates an incentive to attack Bitcoin and rival assets.
- Kiyosaki also praised gold, but warned buyers against following hype without checking risks first carefully.
- He blamed Federal Reserve money printing for rising debt and falling trust in fiat cash.
- The author said investors should study cash flow before choosing Bitcoin, metals, or bonds carefully.
Robert Kiyosaki has again defended Bitcoin and Ethereum while criticizing Warren Buffett and Peter Schiff. In archive footage dated March 5, the “Rich Dad Poor Dad” author rejected their negative views on Bitcoin. He also said the Federal Reserve is the real concern for investors.
Kiyosaki Defends Bitcoin and Ethereum
Kiyosaki said Buffett and Schiff have often attacked Bitcoin. He called their criticism “really stupid” during the video. His comments placed Bitcoin and Ethereum beside gold as assets he supports.
He said Schiff has a business reason to oppose Bitcoin. Kiyosaki argued that Schiff sells gold, so he may favor gold over crypto. He also said Buffett is “too old” to understand Bitcoin.
Kiyosaki did not reject gold in the same remarks. Instead, he said he likes gold, Bitcoin, and Ethereum. However, he placed more blame on the Federal Reserve than on any single asset.
Fed Criticism Takes Center Stage
Kiyosaki said his main concern is the Federal Reserve. He accused the Fed of hurting the dollar through money printing. He also said the United States became the world’s top debtor because of Fed policy.
He urged investors to study the history of the Fed. He said the real enemy is not Bitcoin. Instead, he pointed to central bank policy and weak money management.
Kiyosaki has often criticized fiat money and bonds. He has also repeated the phrase “savers are losers” in past comments. He argues that cash loses value when money printing rises.
Kiyosaki Warns Against Hype Buying
Kiyosaki also warned that Bitcoin, gold, and silver carry risks. He said these assets can “cost you money if purchased on hype.” His warning focused on research, timing, and clear thinking.
He also criticized financial planners who call U.S. bonds safe. On X, he wrote, “There is nothing safe….from stupidity.” He said investors should avoid blind trust in bonds or any asset.
Kiyosaki pointed to Japan and China as key Treasury holders. Reports said both countries reduced U.S. Treasury holdings in March. He also noted that China has continued to buy gold.
He told investors to watch cash flow before making decisions. He said, “Your greatest asset lies between your right ear and left ear.” His latest comments kept Bitcoin and Ethereum at the center of his market view.
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