Economic Crash and Bitcoin's Rise According to Robert Kiyosaki

user avatar

by Giorgi Kostiuk

2 years ago

Renowned financial author Robert Kiyosaki has doubled down on his predictions of a massive stock market crash and Bitcoin’s meteoric rise.

February 2025 Prediction

Kiyosaki recalls his 2013 prediction of the 'biggest stock market crash in history,' set for February 2025. Unlike traditional financial tools, he bets high on Bitcoin. Kiyosaki explains Bitcoin's rise using Gresham’s law and Metcalfe’s law: inflation has made the U.S. dollar 'bad money,' while Bitcoin, gold, and silver hold their value.

Inflation made the U.S. dollar 'bad money,' while Bitcoin, gold, and silver are 'good.'Robert Kiyosaki

Critique of Fiat Currencies

Kiyosaki views the market downturn as an opportunity to buy assets like cars and houses at more affordable prices. He believes this will lead to a significant shift of capital into alternative assets like Bitcoin, gold, and silver. Kiyosaki criticizes fiat currencies and supports a move towards these alternatives.

Current Bitcoin Market Sentiment

Currently, the global Bitcoin market is experiencing a rise with growing adoption. However, there has been market turbulence due to the upcoming FOMC meeting. Bitcoin's price fell to $101K, while ETH, XRP, and Solana slipped 4%-8%.

Kiyosaki's predictions emphasize his continued critique of traditional financial systems and support for alternative assets like Bitcoin.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Uniswap Reports Record Revenue Driven by Robinhood Chain

Uniswap generated approximately $148.1 million in protocol revenue in September, with Robinhood Chain contributing about 53% of the total.

user avatarMaria Fernandez

Gopax Operator Streami Caught in Cybersecurity Investigation

The Financial Services Commission of South Korea has identified Streami, the operator of the cryptocurrency exchange Gopax, as one of the 16 financial firms affected by recent hacking incidents.

user avatarGustavo Mendoza

Regulatory Discussions on Stablecoin Yield and Banking Reserves

Regulatory discussions on stablecoin yield and banking reserves are ongoing in Washington, focusing on the implications for issuers and the requirement to maintain reserves in bank deposits.

user avatarMiguel Rodriguez

Binance Declares Shutdown of Mining Pool Services.

Binance will discontinue its mining pool and related services on November 10, 2026, requiring miners to redirect their machines.

user avatarRajesh Kumar

Banks Counter Stablecoin Growth with Higher Deposit Rates

A new working paper reveals that banks can slow the growth of stablecoins by increasing deposit rates.

user avatarLuis Flores

Polygon Labs Completes Acquisition of Coinme

Polygon Labs has finalized its acquisition of Coinme, enhancing its payment capabilities with numerous state licenses.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.