April 1, 2025
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Bitcoin a Scam? ‘Rich Dad Poor Dad’ Author Says US Dollar Out-Scams It, Slams Fed

Web Desk04 mins

Renowned “Rich Dad Poor Dad” author Robert Kiyosaki is at it again, dropping a fiery warning against Bitcoin and precious metal ETFs in a February 28, 2025, X post. He’s doubling down on direct ownership, calling ETFs “banksters’ money” and urging folks to shield themselves from what he paints as a corrupt banking system teetering on collapse.

“Is Bitcoin a scam? It might be… but not as big a scam as the U.S. dollar and banking system, starting with the Fed,” Kiyosaki tweeted, branding central bankers “banksters” who get bailed out after blowing billions instead of landing in jail. He’s been beating this drum for a while, slamming traditional finance while hyping tangible assets as the real deal. Amid Bitcoin’s recent volatility—dipping below $84K after a rough few weeks—he sees a silver lining: “Bitcoin crashing. Bitcoin is on sale. I’m buying,” he posted on February 27, pinning the mess on America’s monetary woes, not the crypto itself.

Kiyosaki’s got bigger fish to fry, claiming the U.S. is barreling toward bankruptcy with a staggering $230 trillion in debt when you toss in social programs and unfunded liabilities, far beyond the official $36 trillion tab. He’s predicting a meltdown when big dogs like Japan and China stop snapping up U.S. bonds—“inflation will go through the roof,” he warns, tanking the dollar and sparking chaos.

He’s not just doom-scrolling about Bitcoin. Kiyosaki’s also hyping silver, saying it’s primed to jump from $32 an ounce to $70 within a year once gold cracks $3,000. It’s all tied to his core beef: “The price of gold, silver, and Bitcoin aren’t going up. Inflation’s dragging the value of their fake money down.” For him, ETFs are just another trap—middleman muck keeping you tied to the system he says is rigged to fail. Own the real stuff, he insists, or get burned when the whole house of cards comes down. Love him or hate him, Kiyosaki’s sticking to his guns—and his stack.

 

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