Key Points
- Robert Kiyosaki, author of “Rich Dad Poor Dad”, supports Bitcoin over gold due to its scarcity and immunity to inflation.
- Despite criticism and a lower YTD return compared to gold, Bitcoin maintains investor confidence in an uncertain economy.
Robert Kiyosaki, best known for his book “Rich Dad Poor Dad”, recently expressed his support for Bitcoin (BTC).
He views the cryptocurrency as superior to gold and silver, primarily due to its fixed supply.
Kiyosaki’s Bitcoin Advocacy
The author’s endorsement of Bitcoin is rooted in its inherent scarcity. Unlike gold and silver, whose supply can increase with mining incentives, Bitcoin’s supply is capped at 21 million coins.
This makes it immune to inflationary pressures, a trait that Kiyosaki believes gives Bitcoin a long-term advantage as a store of value in an unstable economic environment.
He further emphasized that the 21 million cap on Bitcoin is not easily alterable, requiring a significant consensus from its decentralized community.
However, not everyone agrees with Kiyosaki’s viewpoint. Economist Peter Schiff, a long-time critic of Bitcoin, continues to dismiss the cryptocurrency as a “scam”.
Schiff’s Bitcoin Criticism
Schiff’s skepticism has been fueled by Bitcoin’s recent price rally, which he predicts will lead to a significant crash.
He points to gold’s superior performance in 2025, which has rekindled the ongoing debate between gold and Bitcoin.
Despite Schiff’s criticisms, Bitcoin has once again surpassed the important $95,000 mark, reflecting growing investor confidence amidst concerns about inflation, tariffs, and recession risks.
While gold has outperformed Bitcoin in 2025 with a 25% YTD return compared to Bitcoin’s modest 3%, historical trends indicate that Bitcoin often catches up during times of financial stress.
Bitcoin has lost over 35% of its value this year, according to AMBCrypto’s analysis. However, the narrative of Bitcoin as a digital safe haven continues to gain traction.
As economic uncertainty continues, Bitcoin may once again assert itself against its traditional rival, assuming market sentiment remains stable.
