"Limited Edition Asset of 21 Million on Sale"
Emphasizing Bitcoin's Scarcity
Robert Kiyosaki, bestselling author of "Rich Dad Poor Dad," has once again issued a stark warning about the global financial markets.
On February 16 (local time), Kiyosaki wrote on his X account (X, formerly Twitter), "The greatest stock market crash in history, which I warned about in my 2013 book 'Rich Dad's Prophecy,' is still coming," adding, "That massive crash is now imminent."
He stressed that while this crash will be "the worst nightmare" for those who are unprepared, it will be an opportunity for those who are prepared to gain "wealth beyond imagination." Calling market crashes "times when valuable assets go on sale," he even welcomed the prospect of a market collapse.
Kiyosaki once again singled out Bitcoin as the key investment destination in the current crisis phase. In a post on February 8, he also highlighted its scarcity, saying, "In theory, the reserves of gold and silver are infinite, but Bitcoin is designed with an issuance cap of 21 million coins."
He went on to argue, "Since the amount that can be mined is already close to its limit and structurally cannot increase further, the price of Bitcoin has no choice but to rise."
Kiyosaki has long been a harsh critic of fiat currencies such as the US dollar, calling them "fake money." He is currently known to hold Bitcoin as a core asset alongside gold, silver, and Ethereum. Over the years, he has criticized fiat currencies like the dollar as "fake money" and has recommended building portfolios centered on physical and virtual assets.
He reiterated his advice to investors to shift toward portfolios focused on real assets, saying, "The more the US Federal Reserve prints money, the more the value of fake money will fall, but the value of physical and alternative assets will skyrocket."
Meanwhile, as of 1:00 p.m. on February 18 (Korea time), the price of the virtual asset Bitcoin stood at 99 million won. According to virtual asset data platform CoinMarketCap, after a plunge earlier this month, the price of Bitcoin has been fluctuating and moving sideways around the 100 million won level. Compared with its all-time high of 170 million won in October last year, it has plunged to roughly half that level.
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