The post Robert Kiyosaki slams Warren Buffett’s approach to Bitcoin appeared on BitcoinEthereumNews.com.

Although no one has a perfect track record, following the cues of renowned investors can help make sense of an often chaotic and confusing financial landscape. Robert Kiyosaki, author of ‘Rich Dad Poor Dad’ is a dominant voice in the space — if controversial at times. The longtime real estate and gold bull was an early proponent of Bitcoin (BTC) — and still maintains that it is the asset to own on account of its growth potential and role as a store of value. However, Kiyosaki’s track record, whether we’re talking about predictions or success, is murky at best. The investor has often been labeled as an alarmist, and has a tendency of making bold forecasts — only to radically change his tune in short order. In a recent January 1 post made on social media platform X, Kiyosaki took aim at two of the arguably most respected investors of all time — Warren Buffett and Charlie Munger, criticizing the duo’s oft-repeated negative stance toward the pioneering cryptocurrency. Kiyosaki doubles down on bullish bets Having previously set a $350,000 price target for Bitcoin in 2025, just weeks after he predicted that the cryptocurrency would see prices crash down to $60,000, the author derisively referred to Buffett and Munger as ‘very old, very rich men’, asking ‘Why should I care what they think about Bitcoin?’. Warren Buffett and Charlie Munger call Bitcoin “rat droppings.” What do I think? Buffett and Munger are very old, very rich men. Why should I care what they think about Bitcoin? Most importantly I’d “What do you think about Bitcoin?” I agree with Buffett and Munger when… — Robert Kiyosaki (@theRealKiyosaki) January 1, 2025 The fact that Munger had passed away in 2023 seems to have slipped Kiyosaki’s mind — in addition, he misquoted Buffett, who…

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Filed under: News - @ January 2, 2025 12:26 pm