Robert Kiyosaki, the author of Rich Dad Poor Dad, has pushed back against accusations that he misled the public about his Bitcoin (BTC) buying history.
According to the financial educator, critics are overly focused on acquisition dates rather than long-term asset value, which he has long advocated for over traditional assets, he said in an X post on February 8.
The controversy centers on criticism of Kiyosaki’s February 6 claim that he stopped buying Bitcoin at $6,000, a price level last seen several years ago, prompting accusations of inconsistency in his public statements.
He responded by saying the figure referred to a price threshold, not a purchase date, and questioned why critics were focused on timing rather than results.
The backlash intensified because the claim appeared to conflict with his earlier comments. In January 2026, Kiyosaki urged investors to keep buying Bitcoin, gold, silver, and Ethereum despite price swings, when Bitcoin was near $90,000.
Kiyosaki’s push to buy more Bitcoin
That stance was consistent with multiple statements in 2025 suggesting he was still accumulating Bitcoin at much higher levels, including above $100,000, according to past reports and social media posts.
These inconsistencies drew criticism from X users and community notes on his posts, with critics arguing that Kiyosaki was either misleading about having stopped buying Bitcoin years ago or exaggerating ongoing purchases while promoting it as an inflation and fiat-hedge asset.
In response, Kiyosaki said acquisition dates are largely irrelevant, stressing that his focus is on the amount and quality of assets accumulated.
He said he would buy more Bitcoin if it returned to $6,000, regardless of timing, and added that he is preparing to increase his exposure to gold.
In this line, the investor framed the dispute as a difference in investment philosophy, arguing that long-term wealth is built through asset accumulation across Bitcoin, precious metals, real estate, and energy investments rather than debates over purchase dates.
Kiyosaki’s advocacy for alternative assets
Overall, the investor remains an advocate of Bitcoin, gold, and silver as “real money” hedges against fiat currency risk and economic instability. Despite recent pullbacks, he views the declines as buying opportunities.
Notably, Kiyosaki maintains aggressive 2026 price targets, forecasting Bitcoin at $250,000, gold at $27,000 per ounce, and silver at $200 per ounce, citing U.S. debt expansion, currency debasement, and a major wealth shift toward hard assets.
Critics, however, point to his history of repeated crash warnings that failed to materialize, including predictions of a historic market collapse in 2025 and earlier calls in 2021 that did not come to pass as forecast. Some assets he favored later underperformed broader markets.
Featured image via Cavaleria Com YouTube
Source: https://finbold.com/rich-dad-r-kiyosaki-fires-back-at-critics-on-bitcoin-buying-lies/
