Kiyosaki renews Bitcoin call as dollar fears return
Robert Kiyosaki renewed his call to buy Bitcoin on Aug. 22, arguing that financially educated investors use scarce assets to protect their wealth from inflation and a weakening U.S. dollar.
Summary
- Kiyosaki urged investors to buy Bitcoin, gold, silver, and selected real estate as dollar hedges.
- Treasury is doubling long-dated buyback limits to at least $4 billion per operation in September.
- Treasury buybacks manage market liquidity and debt operations; they are not Federal Reserve quantitative easing.
- Kiyosaki’s $350,000 Bitcoin target for August 2024 did not materialize despite his continuing long-term bullish forecasts.
- Bitcoin traded near $76,000 following a weekly rally supported by ETF inflows and short liquidations.
The “Rich Dad Poor Dad” author recommended Bitcoin, gold, silver and selected real estate. He claimed the Treasury’s decision to expand long-dated bond buybacks represented another round of quantitative easing and the creation of “fake dollars.”
That description does not match the Treasury announcement. The buyback program is a debt-management operation, while quantitative easing is a monetary-policy tool conducted by the Federal Reserve.
Kiyosaki links Bitcoin to financial education
Kiyosaki argued that knowledgeable investors acquire assets capable of appreciating while people holding cash lose purchasing power. He told followers “don’t be a loser” and repeated his view that financial ignorance carries a greater cost than education.
His statements reflect an investment opinion, not verified evidence that people buying Bitcoin are more financially educated than those who avoid it. Investors may hold cash for liquidity, emergency expenses or short-term obligations rather than as a long-term inflation hedge.
Kiyosaki has also acknowledged that BTC can produce losses when investors buy during periods of market excitement. As crypto.news previously reported, he warned against buying assets solely because of hype during Bitcoin’s May correction.
That earlier warning adds context to his latest message. Financial education may help investors assess risk, but it does not remove BTC’s price volatility or guarantee positive returns.
Treasury buybacks are not quantitative easing
The U.S. Treasury announced on Aug. 19 that it would increase liquidity-support buybacks for nominal securities in the 10-to-20-year and 20-to-30-year maturity sectors.
The maximum will rise from $2 billion to at least $4 billion per operation beginning Sept. 9, according to the Treasury. The increased limit will remain in place through Nov. 4, when officials plan to provide more information during the next quarterly refunding.
Treasury said the change was intended to support liquidity in longer-dated securities. It did not describe the program as quantitative easing or announce the creation of new currency.
The Federal Reserve defines quantitative easing as large-scale asset purchases used as a monetary-policy tool. Those purchases expand the central bank’s securities holdings and can increase reserve balances. Treasury buybacks instead replace selected outstanding debt through the government’s established financing operations.
Kiyosaki’s characterization of the action as “printing fake $” is therefore political and rhetorical, not a technical description of the program.
Bitcoin rallied as bond yields and the dollar weakened
Bitcoin traded near $76,000 on Aug. 23 after approaching $79,500 two days earlier. The cryptocurrency gained more than 20% over the week before retreating from the local high.
The rally followed the Treasury announcement, falling long-term bond yields and a weaker U.S. dollar. Forced short liquidations accelerated the initial move, while U.S. spot Bitcoin exchange-traded funds later added stronger evidence of direct demand.
The funds recorded approximately $1.92 billion in net inflows across five sessions. In related coverage, crypto.news found that ETF demand joined the short-covering rally after Bitcoin broke above $70,000.
The timing supports a connection between market liquidity expectations and Bitcoin’s rally. It does not prove Kiyosaki’s broader claim that Treasury operations will produce inflation or permanently weaken the dollar.
Kiyosaki’s forecasts require caution
Kiyosaki has repeatedly issued aggressive Bitcoin targets. In June 2024, he said BTC would reach $350,000 by Aug. 25 of that year. He described the figure as a “target, a dream, and a wish.” The forecast did not materialize.
He later proposed targets of $500,000 and $1 million with different deadlines. Those projections remain speculative and are not supported by a disclosed valuation model.
Kiyosaki has also sold BTC while remaining publicly bullish. In November 2025, he sold $2.25 million in Bitcoin at approximately $90,000 per coin and directed the proceeds toward surgery centers and a billboard business.
BTC’s next market test is whether spot demand can support prices after the short squeeze ends. Treasury’s higher buyback limits begin Sept. 9, providing a defined date for assessing their effect on long-term yields and broader risk markets.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
