Bitcoin Updates: Kiyosaki and Buffett Clash—Debate Over "Money for the People" Versus Wealth on Paper
- Robert Kiyosaki criticized Warren Buffett's crypto skepticism, arguing Bitcoin serves as a hedge against collapsing traditional markets and central bank manipulations. - Buffett reiterated his stance against Bitcoin, favoring productive assets like stocks and farmland , with Berkshire Hathaway holding $308.9B in equities and $381.7B in cash. - Bitcoin ETFs saw $866M in outflows as prices dipped below $90K, contrasting with Kiyosaki's "People's Money" narrative and Saylor's bullish 2025 projections. - Hyb
Bitcoin’s recent slide below $90,000 has sparked renewed discussion about the outlook for digital currencies. Financial commentator Robert Kiyosaki has sharply criticized Warren Buffett’s ongoing skepticism about crypto. In a post dated November 17, Kiyosaki, the author of Rich Dad Poor Dad, contended that Buffett’s view of
Buffett, a long-standing critic of Bitcoin, has repeatedly asserted that the cryptocurrency “doesn’t generate anything,” drawing a distinction between it and productive assets such as businesses or farmland.
This ongoing debate comes as Bitcoin ETFs see significant withdrawals,
Kiyosaki’s criticism also targeted traditional investment vehicles like ETFs and REITs, which he dismissed as “printed money” and “counterfeit.” He
The differing viewpoints underscore broader disagreements over how to allocate assets.
As the cryptocurrency sector faces regulatory and economic challenges, Kiyosaki’s stance reflects a growing distrust of centralized financial systems, while Buffett’s approach highlights confidence in established stocks and cash. With Bitcoin’s value holding above $96,000, the discussion about its place in long-term investment portfolios remains as heated as ever.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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