Bitcoin a Bubble? 'Rich Dad, Poor Dad' Author Warns

Cryptos: 21,330
Exchanges: 1,863
Market Cap: $3.94T 0.41%
24h Vol: $1.01T 81.13%
Dominance: BTC: 59.3% ETH: 11.6%
Gas: 3 GWEI

Connect

Crypto News Cryptocurrencies

Bitcoin a Bubble? 'Rich Dad, Poor Dad' Author Warns, Critics Disagree

Written by Aaron S.,

Editor-In-Chief

Last Updated: July 21, 2025

Key Takeaways

Robert Kiyosaki warned that Bitcoin, gold, and silver could soon drop as market bubbles begin to burst;
Kiyosaki's latest remarks contradict earlier comments dismissing Bitcoin crash fears as scare tactics;
Bitcoin advocates argued that the crypto is not a bubble by saying firms treat it as money, not speculation.

Ace quick missions & earn crypto rewards while gaining real-world Web3 skills. Participate Now! 🔥

Bitcoin a Bubble? 'Rich Dad, Poor Dad' Author Warns, Critics Disagree

BITDEGREE IN YOUR SOCIAL FEED

Robert Kiyosaki, author of "Rich Dad, Poor Dad", warned that the rise in the prices of Bitcoin BTC $117,510.30 , gold, and silver might soon come to an end.

In a July 21 post on X, Kiyosaki stated that "bubbles are about to start busting" and added that he plans to start buying only after prices drop.

On July 14, Kiyosaki described Bitcoin's new all-time high as "bad news for who, for whatever reason, never 'pulled the trigger'" because "they own nothing".

What is a Crypto Wallet? (Explained With Animation)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

He also reminded his followers not to overcommit, but explained he would not buy more Bitcoin until the economic outlook became clearer.

Kiyosaki's latest warning seems to conflict with comments he made on July 5, when he dismissed those predicting a Bitcoin crash as "clickbait losers" who wanted to scare off less‑experienced investors.

An NFT collector and creator of the Furyou collection shared on X that Bitcoin has been called a bubble and a scam almost every year since it was created, yet continues to survive and grow.

Bitcoin Strategy's Joe Burnett recently argued that Bitcoin does not show signs of being a bubble. He said most people still do not fully understand the asset, and companies holding it on their balance sheets are treating it as money rather than speculation.

Burnett stated that these firms are "deploying it immediately into Bitcoin, not into an idea, but into money itself".

Recently, Markus Thielen, Head of Research at 10x, shared his views on how Bitcoin reached a new high of around $121,000. What did he say? Read the full story.