The well-known New York Times best-selling author, Robert Kiyosaki, was back in the news on Friday. He talked about his latest buy of Bitcoin and again said he believes Bitcoin could be a better investment than gold in the long run. Some people have pushed back on his statements, saying they don’t always line up with what he has said before.
The new Bitcoin purchase
Kiyosaki posted on X (the social media site formerly known as Twitter) that he bought one more Bitcoin. He said he paid about $67,000 for a single coin. He gave two big reasons for this decision right now.
- “Because the Big Print will begin when the US debt crashes the dollar and ‘The Marxist Fed’ begins printing trillions in fake dollars.”
- “The magical 21 millionth Bitcoin is getting close to being mined.”
What do these words mean in simpler language? The first reason talks about money and debt. The phrase “Big Print” is a way some people describe more money being printed by the government. The term “the Fed” refers to the Federal Reserve, which is the central bank of the United States. When someone says it will print trillions of “fake” dollars, they mean there could be more money in circulation, which can change how much money is worth.
The second reason is about the total supply of Bitcoin. There will never be more than 21 million Bitcoins in existence. Bitcoin is created through a process called mining, which uses computer work to add new coins to the system. The idea that the 21 millionth Bitcoin is almost mined is a reference to this limit being reached.
But there is more to the story. Kiyosaki also made a bold claim: once the last Bitcoin is mined, Bitcoin will be “better than gold.” This is a big statement, and it comes with some important details to understand.
Why the last Bitcoin changes things
First, yes, many bitcoins have already been mined. About 20 million coins exist now. Still, Bitcoin has a built-in feature called a halving. Roughly every four years, the reward that miners receive for creating new Bitcoins is cut in half. This means new bitcoins are produced at a slower pace over time. Because of this, the process of mining will gradually become harder and slower.
Because of the halving, most people expect the last Bitcoin to be mined around the year 2140. That is almost 120 years from now. If you are young today, you might still see that moment in your lifetime. But many people will be much older by then.
Second, Kiyosaki’s idea that Bitcoin becomes better than gold after the last Bitcoin is mined is a new claim. Earlier, he had suggested that if he had to choose between Bitcoin and gold, he would pick Bitcoin. In that earlier view, there was no moment when a final Bitcoin is mined, because the system has a fixed limit of 21 million coins and no special last coin separate from that limit.
These kinds of shifts and contradictions are why some observers call his statements inconsistent. A few weeks ago, after making a claim about Bitcoin versus gold, he also posted that he would choose Bitcoin in a comparison. That created confusion about what he really believes and when.
The questions around his statements got a lot of attention on social media. The crypto community sometimes digs into the details of public claims to see if they line up with known facts about Bitcoin’s design and history. When people see mixed messages, they may react with skepticism or concern about whether the ideas being shared are accurate.
What about the price history?
Another part of the conversation involved price. In February, Kiyosaki said he stopped buying Bitcoin when the price was around $6,000 per coin. That would mean his decision to buy again at $67,000 was a big jump from that earlier price point. However, in other posts, he talked about buying Bitcoin when the price was well above $100,000 per coin. This inconsistency led many in the crypto community to scrutinize his words and question the timing of his purchases. Kiyosaki has not given a public reply to these questions about timing and prices.
The story was reported by CryptoPotato, a site that covers cryptocurrency news. The article titled “Kiyosaki Explains Why He Bought More BTC and When Bitcoin Will Become Better Than Gold” collects and discusses some of Kiyosaki’s public statements. It highlights the way his opinions have changed over time and why some readers find the shifts confusing.
Why this matters
For readers who follow finance and investing, Kiyosaki’s posts are interesting because he is a famous author who has built a lot of public attention around wealth and money ideas. His books, especially Rich Dad Poor Dad, have influenced many people to think about money, debt, and how to build wealth differently from traditional advice. When he talks about Bitcoin, he brings together ideas from personal finance, investing, and the broader debates about money’s future.
At the same time, Bitcoin remains a new and developing technology. Its price can move up or down quickly. People who are not careful can lose money if they invest based on a single post or a bold claim. That is why it is important to look at the whole picture: how Bitcoin works, how its supply is planned, how the market has behaved in the past, and what experts say about risks and opportunities. It’s also useful to check the facts that support any big claim about money, debt, or policy actions from governments or central banks.
In short, Kiyosaki’s latest move and his strong statements about Bitcoin reflect ongoing debates about the future of money. Some people see Bitcoin as a potential alternative to traditional options like gold, while others worry about volatility and the long time horizons involved. The conversations around debt, central banks, and money printing show how many different ideas people have about how money should work in an economy. As with any investment, readers should think carefully, seek multiple sources of information, and consider their own goals and risk tolerance before making decisions.
Definitions
- Bitcoin — Bitcoin is the first decentralized cryptocurrency and a peer-to-peer digital asset invented in 2008–2009 by the pseudonymous Satoshi Nakamoto. It uses a blockchain and proof-of-work to enable trustless value transfer without a central authority, with a finite supply capped at 21 million coins.
- Gold — Gold is a chemical element with symbol Au and atomic number 79; a highly malleable, dense noble metal traditionally used for coinage, jewelry, and investments, and historically a basis for monetary standards.
- Federal Reserve — The Federal Reserve System is the central banking system of the United States, established in 1913, which conducts national monetary policy, supervises banks, and provides financial services.
- National debt of the United States — The national debt is the total amount of money owed by the federal government, including debt held by the public and debt owed to other parts of the government.
- Robert Kiyosaki — Robert Toru Kiyosaki is an American entrepreneur and author known for the Rich Dad Poor Dad series. He has been a prominent voice in personal finance and investing.
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