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Rich Dad Poor Dad author Robert Kiyosaki warns that the biggest stock market crash in history is coming in February, and that ”Bitcoin will boom, boom, boom.”
In a Jan. 27 X post, he said that he warned about this crash in his book back in 2013, before adding that everything will soon go “on sale” and present the ultimate opportunity for savvy investors.
Robert Kiyosaki Says Bitcoin Will “Boom”
During the crash, the Rich Dad Poor Dad author believes that “billions” of dollars will rotate out of the stock and bond markets and “rush into” Bitcoin (BTC). As a result, he believes that the leading crypto will “boom,” and subsequently told his over 2.5 million followers to “get on board” while they can.
Kiyosaki’s prediction comes as Bitcoin managed to achieve a more than 3% gain in the last 24 hours to trade at $102,705.43 as of 7:19 a.m. EST. During this period, the crypto was also able to recover after dropping to below the psychological $100K mark to reach an intraday low of $98,861.04.
Kiyosaki Shares Two Laws That Give Bitcoin Power
In an earlier X post, Kiyosaki also shared the two laws that he believes “give Bitcoin power.” The first is Gresham’s law. According to the Rich Dad Poor Dad author, this law states that “good money goes into hiding” when “bad money enters the system.”
TWO LAWS THAT GIVE BITCOIN POWER
1: GRESHAMS LAW: When BAD money enters a system GOOD money goes into hiding. Good money gold and silver have been hiding from FAKE US dollars for years.
Today, Gold, silver, and Bitcoin are forcing the fake US dollar into hiding.
2:…
— Robert Kiyosaki (@theRealKiyosaki) January 25, 2025
He added that good money such as “gold and silver” have been hiding from “fake US dollars” for years. Now, Kiyosaki believes that there has been a change in trend which has seen gold, silver and Bitcoin force the dollar into hiding.
The other law that gives Bitcoin power that was mentioned in the Jan. 25 X post is Metcalf’s law, which is the power of networks.
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