Bitcoin News Today: Kiyosaki Warns of 1929-Style Crash Shifts to Bitcoin Gold as BTC Rises 0.6%

Robert Kiyosaki, author of Rich Dad Poor Dad, has sounded the alarm over an impending economic crisis he likens to the 1929 stock market collapse, urging investors to shift assets away from traditional equities toward Bitcoin, gold, and silver. In a July 28, 2025, post on X, Kiyosaki questioned the wisdom of relying on 401(k)s and IRAs heavily weighted in stocks, noting that figures like Warren Buffett and Jim Rogers have divested most of their stock and bond holdings, favoring cash or silver instead [1]. “I sit tight with gold, silver, & Bitcoin. Good luck,” Kiyosaki wrote, reinforcing his long-standing advocacy for alternative assets as a hedge against systemic risk. He further emphasized the U.S.’s “out-of-control” debt and warned that “America is the world’s biggest debtor nation in history,” with central banks facing limits to their ability to sustain debt through monetary expansion [2].

Kiyosaki’s warnings align with broader concerns about global debt levels, inflation, and declining trust in fiat currencies. He cited Buffett and Rogers’ actions as evidence of a market realignment, suggesting that high-profile investors are anticipating a “rapid and severe downturn.” This sentiment gained traction amid Bitcoin’s recent price fluctuations. On July 28, Bitcoin (BTC) traded at $118,864.93, a 0.6% increase over 24 hours, with its market cap surging to $2.36 trillion and 24-hour trading volume rising by 30.54% to $60.23 billion [1]. Kiyosaki framed such volatility as a symptom of underlying instability, arguing that Bitcoin’s decentralized nature and gold’s intrinsic value make them superior stores of wealth amid fiat currency devaluation [3].

Critics note that modern financial systems and regulatory frameworks differ markedly from the pre-Depression era, reducing the likelihood of a 1929-style collapse. However, Kiyosaki’s message resonates with investors seeking diversification amid inflationary pressures and geopolitical uncertainties. His analysis builds on earlier warnings, including a May 2025 statement linking Buffett and Rogers’ stock sales to broader market fragility. “The U.S. debt spiral is a ticking time bomb,” he asserted, urging a reallocation of portfolios toward tangible assets [4]. While Bitcoin’s volatility remains a point of contention compared to gold, Kiyosaki positioned it as a “hedge” against U.S. debt, highlighting its role in challenging traditional monetary systems.

The debate underscores a growing skepticism toward conventional investment strategies, particularly those prioritizing equities. Kiyosaki’s advocacy reflects a broader critique of centralized finance, framing Bitcoin and gold as tools for navigating a post-crisis landscape. As debates over economic resilience continue, his warnings highlight the tension between speculative assets and traditional safe-havens, with Bitcoin’s performance and central bank policy set to shape investor sentiment in the coming months.

Sources:

[1] [title1] [https://coinmarketcap.com/community/articles/688756fa3c1f324d51532e85/]

[2] [title1] [https://coinmarketcap.com/community/articles/688756fa3c1f324d51532e85/]

[3] [title2] [https://u.today/rich-dad-poor-dad-author-warns-of-1929-crash-coming-says-bitcoin-is-the-saviour]

[4] [title3] [https://www.ainvest.com/news/bitcoin-news-today-kiyosaki-warns-crypto-market-faces-1929-style-collapse-bitcoin-dips-119-000-citing-inflation-debt-risks-2507/]