Robert Kiyosaki: Europe is toast, Bitcoin is the only safe play

Amid concerns around the global economy, Robert Kiyosaki, the outspoken investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has delivered one of his most dramatic warnings yet and urged investors to turn toward gold, silver, and Bitcoin (BTC).

Specifically, Kiyosaki painted a grim picture of mounting instability across global markets, pointing to French unrest, economic weakness in Germany, and crumbling faith in government bonds across Europe and beyond, in a series of posts shared on X on August 31.

As he noted, British bonds have lost over 30% in value since 2020, while European bonds are down more than 20%. Even United States Treasury bonds, long considered the world’s safest asset, have fallen by double digits in the same period. Hence, Kiyosaki warned that:

“This means the global economy has lost faith. Germany is busted…due to their silly Green New Deal Energy policies. It’s now too expensive to produce German products such as cars because their energy is too expensive. (…) Japan and China are dumping US bonds and buying gold and silver.”

‘Buy Bitcoin,’ says Robert Kiyosaki

Against this backdrop, the financial educator reiterated his long-held stance that assets like gold, silver, and Bitcoin are the only safe havens, commenting that “this insanity is why I continue to recommend you save yourself… and save gold, silver, and Bitcoin,” and adding that:

“I buy gold, silver, and Bitcoin. I rarely sell gold, silver, and Bitcoin.”

As a reminder, Kiyosaki has frequently touted the original cryptocurrency as the ultimate hedge against systemic collapse, calling it “people’s money” in contrast to fiat currencies propped up by governments and central banks. However, critics have cautioned that he often leans into alarmist rhetoric.

Nonetheless, for Bitcoin advocates, Kiyosaki’s latest comments present further validation that the flagship decentralized finance (DeFi) asset’s scarcity and the financial independence it offers may prove to be its greatest strengths. For the moment, BTC is trading at the price of $109,690.