Bitcoin News Today: Robert Kiyosaki warns 1929-style crash looms as Bitcoin trading jumps 30.54%

Robert Kiyosaki, author of Rich Dad Poor Dad, has issued a stark warning about an impending economic downturn comparable to the 1929 crash, urging investors to prioritize alternative assets like Bitcoin and gold over traditional stock-based retirement vehicles such as 401(k)s and IRAs [1]. In a recent post on X (formerly Twitter), Kiyosaki questioned whether investors are adequately prepared for a potential collapse, noting that prominent figures like Warren Buffett and Jim Rogers have reportedly sold most, if not all, of their equities and bonds in favor of cash or silver [2]. He emphasized, “I sit tight with gold, silver, & Bitcoin. Good luck,” while cautioning that America’s “debt is out of control” and that the nation is “the world’s biggest debtor in history” [1].

Kiyosaki’s analysis draws parallels between the current economic landscape and the pre-1929 era, highlighting unsustainable debt accumulation and speculative excess. He argued that the U.S. debt-to-GDP ratio, now at historic highs, mirrors conditions preceding the Great Depression, with inflationary pressures and aggressive Federal Reserve policies exacerbating risks. His stance aligns with Buffett and Rogers, who have expressed similar caution about overvalued equities in recent months [2]. The author has long advocated for alternative assets, framing gold, silver, and Bitcoin as “hard assets” capable of preserving purchasing power amid currency devaluation [3].

The recent volatility in Bitcoin (BTC) has amplified these concerns. As of July 28, 2025, Bitcoin traded at $118,864.93, with a market capitalization of $2.36 trillion and 24-hour trading volume surging 30.54% to $60.23 billion [3]. Kiyosaki’s warnings have contributed to renewed debate about cryptocurrencies as hedges against systemic collapse, particularly as Bitcoin dipped below $119,000 earlier in July amid inflation fears [3]. Critics, however, argue that cryptocurrencies lack the regulatory stability and intrinsic value of traditional assets, making them unsuitable for long-term investment.

Kiyosaki also highlighted geopolitical tensions and supply chain disruptions as potential catalysts for a cascading economic crisis. He positioned Bitcoin’s decentralized nature as a safeguard against centralized financial failures, a perspective gaining traction in crypto circles [4]. Despite these arguments, analysts caution that modern economies differ significantly from the 1920s, urging careful interpretation of historical analogies [5].

The broader market response reflects a shift in investor sentiment. Physical bullion purchases have hit multi-year highs, while Bitcoin’s price fluctuations have prompted both institutional and retail investors to reassess risk exposure. Kiyosaki’s forecasts, though speculative, underscore the challenges of navigating macroeconomic uncertainties in an era of debt, inflation, and technological disruption [5].

Source: [1] [Robert Kiyosaki: 1929-Style Crash Coming, Hold Bitcoin & Gold](https://www.cryptotimes.io/2025/07/28/robert-kiyosaki-1929-style-crash-coming-hold-bitcoin-gold/) [2] [Why Warren Buffett, Jim Rogers are ditching stocks & bonds](https://m.economictimes.com/markets/stocks/news/why-warren-buffett-jim-rogers-are-ditching-stocks-bonds-rich-dad-poor-dad-author-robert-kiyosaki-explains/articleshow/122951531.cms) [3] [Bitcoin News Today: Kiyosaki Warns Crypto Market Faces 1929-Style Collapse](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/) [4] [Qadir AK - Co-founder and passionate Cryptocurrency...](https://coinpedia.org/author/admin/) [5] [Robert Kiyosaki Warns of Potential 1929-Style Market Crash](https://cryptodnes.bg/en/news/bitcoin/)