Synopsis
Kiyosaki, best known for his book Rich Dad Poor Dad, has been a strong advocate for Bitcoin, frequently promoting alternative assets as a safeguard against economic instability. He suggested that the Democratic Party’s opposition to Bitcoin has hurt them politically, while highlighting that Trump has embraced the cryptocurrency community.
Financial author Robert Kiyosaki has called US President Donald Trump “the first Bitcoin President,” highlighting his support for cryptocurrency. In a post on X (formerly Twitter), Kiyosaki criticized Democrats for opposing Bitcoin, claiming that their stance led to their losses in the Senate, House, and presidency.
Kiyosaki, best known for his book Rich Dad Poor Dad, has been a strong supporter of Bitcoin, often promoting alternative assets to protect against economic instability. He suggested that Democrats’ opposition to Bitcoin cost them politically, while Trump has embraced the cryptocurrency community.
“Stupid Democrats: They criticized Bitcoin lovers. Why? What did they gain? Nothing. What did they lose? Everything,” Kiyosaki wrote. “Pissing off Bitcoin lovers cost the stupid Democrats the Senate, the House, and the Presidency.”
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STUPID DEMOCRATS : They criticized BITCOIN lovers.
WHY?
WHAT DID THEY GAIN?
Nothing.
WHAT DID THEY LOSE? Everything.
Pissing off BITCOIN lovers cost the stupid DEMOCRATS the SENATE, the HOUSE, and the PRESIDENCY.
Stupid.
PRESIDENT TRUMP is the first BITCOIN…
— Robert Kiyosaki (@theRealKiyosaki) February 11, 2025
In January, Kiyosaki issued a bold prediction, forecasting the “biggest stock market crash in history” to occur in February 2025.
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According to him, the anticipated crash will shake traditional investment markets, but he sees it as a major opportunity for those who act quickly.
In his 2013 book Rich Dad’s Prophecy, Kiyosaki warned of a market collapse that would surpass previous downturns. His latest prediction suggests that this scenario is unfolding, but he believes the crash will present a prime buying opportunity. “In a crash, everything goes on sale,” he noted, pointing to assets like real estate and cars becoming more affordable.
Kiyosaki also predicts that Bitcoin will be a key beneficiary, expecting an influx of capital from stocks and bonds into cryptocurrencies. He described Bitcoin’s potential surge as “boom, boom, boom,” as investors seek safer, more profitable alternatives.
He has long urged followers to shift away from traditional assets, advocating for Bitcoin, gold, and silver as hedges against economic collapse. According to Kiyosaki, even a small Bitcoin investment—such as one Satoshi, the smallest unit of Bitcoin—could generate significant wealth while traditional investors suffer losses.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
