'Rich Dad' Kiyosaki: "Warning of All Asset Bubbles Collapse... Bitcoin Will Recover Quickly"

Minseung Kang

Summary

Kiyosaki claimed that Bitcoin will be the first to recover after all asset bubbles collapse.
He stated that he won't sell even if Bitcoin prices plummet and is considering buying more.
While Kiyosaki has recommended Bitcoin, gold, and silver as inflation hedges, the realization of his predictions remains uncertain.

Claims suggest that Bitcoin (BTC) will be the first to recover even if bubbles in all assets burst.

According to financial magazine Finbold on the 21st, Robert Kiyosaki, author of the global bestseller 'Rich Dad Poor Dad', claimed that "All assets including stocks, bonds, real estate, and even cryptocurrencies have been inflated excessively beyond their intrinsic value. The massive bubble is bursting now, and all assets are declining."

He emphasized that "After all asset bubbles collapse, Bitcoin will be the first to recover and reach new all-time highs," adding "I won't sell even if Bitcoin prices plummet, and I'm actually considering buying more."

Previously, Kiyosaki has long recommended Bitcoin, gold, and silver as hedging instruments against inflation and stores of value.

The publication noted, "While Kiyosaki has predicted several financial collapses in the past, many of his predictions have not materialized," adding "We need to wait and see whether Kiyosaki's warning will end up being another 'boy who cried wolf' claim or if an actual large-scale adjustment in the financial market will occur."

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