Kiyosaki Labels Bitcoin ’People’s Money’, Sees $250K in 2026
Robert Kiyosaki, author of Rich Dad Poor Dad, defended Bitcoin amid renewed crypto volatility. He criticised Wall Street for promoting “fake money” in stocks and bonds. Instead, Kiyosaki described Bitcoin as “people’s money” and gold and silver as “God’s money”, highlighting their independence from centralised financial systems. With Bitcoin’s supply capped at 21 million, he argued it offers a strong hedge against inflation and fiat risks. Kiyosaki warned that reliance on paper-based assets leaves investors exposed to debt-driven market collapses. He challenged trust in traditional institutions, stating you cannot live on paper assets. Looking ahead, Kiyosaki forecasted Bitcoin could reach $250,000 by 2026, a bold prediction given current levels near $95,600. His stance contrasts with sceptics like Warren Buffett and reflects a growing shift towards decentralised assets as traders seek transparency, scarcity, and autonomy. This perspective may influence market sentiment and trading strategies in both the short and long term.
Bullish
Robert Kiyosaki’s endorsement of Bitcoin as ’people’s money’ and his bold price target of $250,000 by 2026 is likely to bolster market confidence. Historically, high-profile advocates such as Kiyosaki have triggered positive sentiment spikes, seen for instance when Elon Musk tweeted about Bitcoin, leading to short-term price surges. By framing Bitcoin as a hedge against fiat inflation and centralised financial risk, Kiyosaki taps into traders’ growing concerns over monetary policy and institutional exposure. In the short term, this narrative can attract new buyers and increase trading volume, potentially driving a bullish momentum. Over the longer term, repeated endorsements and growing acceptance of decentralised assets may support Bitcoin’s valuation and stability as it approaches its next halving event. While market reactions also depend on macroeconomic factors and regulatory developments, this endorsement adds a constructive angle, skewing sentiment on the bullish side.