Fast Facts
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Inconsistent Claims: Robert Kiyosaki, previously a strong advocate for Bitcoin (BTC), recently stated he stopped buying it at $6,000, leading to accusations of dishonesty from the crypto community.
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Prominent BTC Supporter: Throughout the pandemic, Kiyosaki consistently praised BTC and shared numerous posts indicating ongoing purchases, even at prices upwards of $105,000.
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Community Backlash: The stark contrast between his past endorsements and recent claims sparked outrage, with many accusing him of being deceitful or a “lying grifter.”
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Question of Credibility: Critics have called into question Kiyosaki’s overall trustworthiness, highlighting several of his past investment predictions that failed to materialize.
Robert Kiyosaki Faces Backlash Over Contradictory Bitcoin Buying Claims
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, is under scrutiny for his conflicting statements about Bitcoin purchases. Recently, he claimed he stopped buying Bitcoin at $6,000. This statement contradicts his previous claims of continued purchases.
Kiyosaki became a vocal proponent of Bitcoin during the COVID crash. He often urged his followers to invest in Bitcoin, gold, silver, and Ethereum. For example, in July 2025, he tweeted about buying another Bitcoin when its price ranged from $105,000 to $110,000. Just weeks later, Bitcoin surged past $117,000, prompting him to express interest in purchasing yet another Bitcoin.
However, his assertion of halting Bitcoin investments has raised eyebrows. Many in the cryptocurrency community quickly highlighted this inconsistency. Some asked whether he had been dishonest recently or a long-time deceiver.
In reaction to the backlash, critics, such as financial commentator Mark McGrath, labeled Kiyosaki a “lying grifter.” McGrath referenced multiple instances where Kiyosaki made bold predictions that failed to materialize.
Despite the controversy, Kiyosaki’s comments have stirred discussion about investment strategies and market behavior. While skepticism surrounds Kiyosaki’s credibility, Bitcoin continues to captivate many as a unique asset, potentially addressing real-life financial challenges amid uncertain economic times.
The ongoing dialogue emphasizes the importance of transparency in financial advice. As discussions evolve, investors might reconsider the sources from which they seek guidance.
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Disclaimer
This content is for informational and entertainment purposes only and does not constitute financial or investment advice. Cryptocurrency is highly speculative and carries significant risk, including the potential loss of your entire investment. Do not make financial decisions based on this information. Consult a licensed financial advisor before investing. This site does not offer, sell, or advise on cryptocurrency, securities or other regulated financial products in compliance with SEC and applicable laws. Please do your own research and seek professional advise.
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