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The author of the financial literacy book “Rich Dad Poor Dad,” Robert Kiyosaki, compared gold and bitcoin by posing a challenge to himself: what if he had to choose one of these two assets.
According to a tweet from the investor-writer, both assets play a significant role in diversifying any investment portfolio. However, if forced to select just one, Kiyosaki would opt for bitcoin due to its fixed supply. He elaborated that gold mining can increase in response to rising prices, as the appreciation of the precious metal further incentivizes extraction. Kiyosaki stated that he understands this better than many, as he owns shares in gold mining companies.
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Unlike gold, bitcoin was originally designed as a scarce asset. Once all 21 million coins are mined, it will be impossible to create additional bitcoin. This limitation distinguishes bitcoin from traditional commodities and supports the asset’s long-term growth, Kiyosaki wrote. He mentioned that he purchased his first bitcoins a long time ago and is satisfied with his choice.
Despite his confidence in bitcoin’s potential, Kiyosaki recently posted on social media platform X that he will not be making new purchases of bitcoin, gold, or silver for the time being. The investor’s statement came amid a significant correction in the cryptocurrency market. Last week, bitcoin plummeted to $60,000, losing approximately $10,000 of its value in just a few hours. Subsequently, BTC recovered to $70,000. However, this is still more than 40% lower than the October peak of $126,080.
Previously, Kiyosaki suggested that bitcoin could trade at $250,000 per coin by 2026. According to his forecast, gold is expected to rise to $27,000 per ounce this year, while silver could reach $100.
