Robert Kiyosaki, author of the best-selling personal finance book Rich Dad Poor Dad, has made another headline-grabbing call on bitcoin, saying the cryptocurrency could rise to $1.2 million within five years. In an interview with Kitco News, Kiyosaki said he first bought bitcoin at $9,000 and, despite the asset trading around $60,000 at the time of the interview, he remained open to buying more “today or tomorrow” because he had become even more bullish on it.
A Long-Term Bullish View on Bitcoin
Kiyosaki’s latest forecast builds on his earlier public optimism around bitcoin. According to the source material, he had previously predicted in December that bitcoin would reach $50,000 in 2021, a target that was later met. In the new interview, he was asked whether it was already too late for investors to enter the market given bitcoin’s then-current range of roughly $50,000 to $60,000.
His answer was straightforward: there is always an entry point. Kiyosaki explained that when he bought bitcoin at $9,000, he initially felt as though he might be overpaying. However, his reasoning was tied less to short-term price action and more to the larger macroeconomic backdrop. He said the Covid-driven shutdown of the world economy played a major role in his decision to buy.
While he acknowledged that many early adopters entered at far lower prices, he noted that, in hindsight, his $9,000 purchase looked smart once bitcoin appreciated to around $60,000. That experience appears to have reinforced his willingness to maintain a constructive long-term stance on the asset even after substantial gains.
Why He Thinks Bitcoin Can Go Much Higher
Kiyosaki linked his bullish outlook to a familiar set of macro concerns: aggressive government money creation, large-scale stimulus, and the continued debasement of the U.S. dollar. In his view, these trends are exactly what make scarce assets such as bitcoin and gold more attractive to investors seeking to protect purchasing power.
His argument is not based on a short-term catalyst alone. Instead, it reflects a broader distrust of fiat monetary systems under pressure from rising debt burdens, repeated economic interventions, and the expansion of central bank balance sheets. In that context, Kiyosaki sees bitcoin as part of a wider defense against what he considers weakening confidence in traditional money.
That is the framework behind his striking price target. During the interview, he stated plainly: “I think it’s going to $1.2 million in five more years.” The projection is highly aggressive, but it is consistent with the broader thesis he has promoted for years: when governments print more currency and savers lose faith in fiat, capital flows toward limited-supply assets.
Government Intervention Remains a Risk
Kiyosaki was also asked whether governments could intervene against bitcoin or cryptocurrencies more broadly. The question reflects a longstanding debate in financial markets, with several well-known figures having warned that regulators or policymakers could eventually take tougher action against digital assets.
His response was that governments would likely try, but that the underlying problem had grown too large. He pointed to structural pressures such as strained pensions, the financial condition of baby boomers, and additional fiscal stimulus. In his view, these issues make monetary expansion politically difficult to avoid, even if officials wanted tighter discipline.
Kiyosaki referenced the idea commonly summarized as Gresham’s law—the notion that bad money drives out good money. Applied to his own behavior, he said that once he gets his hands on bitcoin, he does not want to spend it. Instead, he suggested he would rather borrow and spend what he sees as weaker money while holding onto harder assets.
This part of his argument is important because it helps explain why he treats bitcoin less as a transactional currency and more as a store-of-value asset. For Kiyosaki, the logic of ownership is defensive: hold scarce assets, avoid losing purchasing power, and use debt or fiat where necessary for liquidity.
Still Prefers Gold and Silver, but Backs Bitcoin
Although Kiyosaki delivered one of his most bullish bitcoin forecasts, he also drew a distinction between bitcoin and precious metals. He said he still prefers gold and silver because bitcoin remains “untested.” That comment reflects a degree of caution, even within his bullish stance.
At the same time, he did not frame that preference as a rejection of bitcoin. Instead, he argued that he personally has the financial capacity to withstand a decline in bitcoin’s price if it occurs. That risk tolerance allows him to maintain exposure to an asset he considers promising, even if he believes gold and silver have a longer historical record as stores of value.
In other words, Kiyosaki’s allocation mindset appears to be diversified across forms of hard money. He sees gold and silver as deeply established, but he also sees bitcoin as increasingly relevant in an era defined by monetary expansion and skepticism toward central banks.
More Bullish, and Potentially Buying Again
One of the most notable parts of the interview was Kiyosaki’s statement that he might buy bitcoin again “today or tomorrow” simply because he had become more bullish. That remark suggests that, for him, the rise from $9,000 to around $60,000 did not invalidate the investment case. Rather, it strengthened his conviction that bitcoin may still be in a longer-term repricing process.
His comments also underline a key theme in crypto markets: some investors are not deterred by higher nominal prices if they believe the underlying thesis remains intact. Kiyosaki’s view is that the drivers behind bitcoin’s appeal—currency debasement, stimulus, and distrust of policy management—have not disappeared. If anything, he appears to believe they have intensified.
He also made broader political criticisms during the conversation, expressing distrust toward major U.S. policy figures and the direction of monetary governance. Regardless of one’s view on that rhetoric, it clearly shapes the worldview behind his bitcoin thesis: he sees hard assets as a response to systemic policy failure.
Why the Prediction Matters
Kiyosaki’s price target of $1.2 million is not presented in the source as a model-based forecast with detailed assumptions. It is, rather, a conviction-driven macro call from a public figure whose audience extends beyond the crypto industry. That gives the statement influence, even if market participants may disagree sharply with the number itself.
For crypto investors, the significance lies less in the precise target and more in what it represents: another high-profile endorsement of bitcoin as a long-term hedge against inflationary and expansionary monetary policy. For mainstream readers, the statement reinforces how bitcoin has increasingly entered the broader conversation about wealth preservation, portfolio diversification, and the future of money.
At the same time, his own caveat is worth noting. Even as he projects dramatic upside, Kiyosaki openly says bitcoin is still untested compared with gold and silver. That acknowledgment introduces an element of balance into an otherwise extremely bullish narrative.
Ultimately, Kiyosaki’s latest remarks fit a pattern that has become familiar in crypto markets: bold long-term targets, deep skepticism toward fiat systems, and the framing of bitcoin as a scarce asset that could benefit from global economic uncertainty. Whether or not bitcoin reaches anything close to $1.2 million in five years, his comments once again highlight the macroeconomic story that many supporters believe remains central to bitcoin’s appeal.