Robert Kiyosaki blasts ‘fear clickbait’ around Bitcoin: ‘I’ll just buy more’

In response to what he considers manipulative “fear clickbait,” author and financial educator Robert Kiyosaki has once again come to the defense of Bitcoin (BTC), Ethereum (ETH), gold, and silver, dismissing sensationalist online predictions of major crashes.

Specifically, Kiyosaki criticized self-proclaimed analysts who use panic-driven headlines to attract subscribers, reiterating his long-held stance that if prices of Bitcoin or precious metals were to fall, he would simply buy more, according to the X post he shared on October 27.

Kiyosaki says real danger lies in fiat debt, not Bitcoin

Indeed, as the ‘Rich Dad Poor Dad’ author puts it:

“Many YouTube jockeys (…) lure you in with ‘Fear Click Baits.’ They state such predictions as ‘Bitcoin to crash.’ Or ‘Gold and silver to crash.’ Then they say , ‘Subscribe to my website.’ How phoney. How fake? If the Bitcoin, Ethereum crash… I will buy more at lower prices.”

As it happens, he believes the true crisis lies not in market volatility but what he calls “fake money,” or fiat currencies issued by governments indebted in the “trillions or quadrillions” and “incompetent leaders.” 

As a reminder, Kiyosaki has repeatedly described the United States as the “biggest debtor nation in world history,” arguing that unchecked spending and money printing undermined the dollar’s long-term stability. He encourages investors to “stick with real” assets – Bitcoin, gold, and silver – rather than rely on fiat-based systems he views as unsustainable.

Meanwhile, Bitcoin is currently changing hands at the price of $115,260.85, up 2.45% on the day, advancing 3.98% across the week, and accumulating a gain of 5.39% on its monthly chart, according to the most recent information.

Kiyosaki recently called Bitcoin “the first truly scarce money,” considering its limited supply of only 21 million BTC that will ever exist, and warned that fear of missing out (FOMO) was about to accelerate very soon, equating the maiden cryptocurrency’s scarcity with strength, which makes it fundamentally different from the government-issued fiat money.