Robert Kiyosaki, author of Rich Dad Poor Dad, has once again issued a stark warning to traditional investors: the fear of missing out (FOMO) on Bitcoin and Ethereum is real, and those clinging to fiat currencies risk being left behind. In a series of posts on X this week, Kiyosaki contrasted 'old thinkers' with 'new thinkers,' describing a widening 'Grand Canyon' between the two camps.
The 'Grand Canyon' of Financial Mindsets
On Oct. 25, Kiyosaki explained that old thinkers try to solve financial problems by returning to school, working longer hours, saving 'fake money,' and relying on retirement plans. In contrast, new thinkers start businesses and 'save real gold, silver, Bitcoin, Ethereum.' He stressed that the path to financial freedom now lies in scarce digital assets, not in conventional savings or 401(k) plans.
Ether at $4,000: A Mirror of Bitcoin's Past
Kiyosaki made a bold prediction for Ethereum: 'People who acquire ethereum today at $4,000 will be like the rich who invested in bitcoin when it was $4,000.' This analogy highlights his belief that both assets share a fundamental property of scarcity, with Bitcoin capped at 21 million coins and Ethereum's supply increasingly constrained by staking and burning mechanisms.
Bitcoin Scarcity and the FOMO Trigger
On Oct. 22, Kiyosaki revealed his personal strategy: 'Why I am buying bitcoin. Bitcoin is the first truly scarce money… only 21 million ever to be mined … Buying will accelerate. FOMO real. Please do not be late. Take care.' He dismissed clickbait headlines about crypto crashes, reiterating that 'today bitcoin and ethereum are real money.' The author has long warned that fiat currencies, especially the U.S. dollar, are losing purchasing power due to rising national debt.
Kiyosaki’s stance remains uncompromising: those who embrace new thinking by investing in Bitcoin, Ethereum, gold, and silver will thrive in the economic future, while those clinging to old habits will suffer. His comments have reignited debates about digital assets as hedges against inflation and monetary debasement.