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2025-07-28 11:16:10

Bitcoin Over 401(k)? Kiyosaki Warns of Market Crash Worse Than 1929

The post Bitcoin Over 401(k)? Kiyosaki Warns of Market Crash Worse Than 1929 appeared first on Coinpedia Fintech News Robert Kiyosaki , the best-selling author of Rich Dad Poor Dad , has warned that a massive financial crash may be just around the corner and says Bitcoin, along with gold and silver, could be the best protection. In a new tweet, Kiyosaki compared the current state of the U.S. economy to the period leading up to the 1929 Great Depression. He believes another crash, possibly worse than that historic collapse, is now possible. “We may be on the brink of another 1929 crash and another Great Depression,” he said. Debt, Money Printing, and a Failing System Kiyosaki blames the rising risk on two key problems: the U.S. government’s aggressive money printing and its fast-growing debt. “America’s debt is out of control. America is the world’s biggest debtor nation in history. You can only print money to pay your bills… for so long,” he wrote. He warned that most people are unaware of how serious the situation is, especially those relying on traditional retirement plans like 401(k)s or IRAs, which are often heavily invested in stocks. Why the Smart Money Is Moving Out of Stocks To back his point, Kiyosaki pointed out that well-known investors Warren Buffett and Jim Rogers have already sold most of their stocks and bonds. “They are both in cash or silver,” he noted. It’s a signal, Kiyosaki says, that the traditional stock market may no longer be the safest place to park wealth. Instead, he says he’s staying focused on three assets: gold, silver, and Bitcoin. However, Kiyosaki garners a lot of criticism from other analysts or market watchers who feel he might be a tad too “dramatic”. 1. No they didn't 2. pic.twitter.com/gbUtNALQ5c — Mark McGrath (@MarkMcGrathCFP) July 28, 2025 A Word of Caution on ETFs In another tweet, Kiyosaki also commented on the growing popularity of ETFs, including Bitcoin ETFs. While he acknowledges they make investing easier, he warned they’re not the same as owning the real thing. “An ETF is like having a picture of a gun for personal defense,” he said. “Sometimes it’s best to have real gold, silver, Bitcoin, and a gun.” In short, he believes owning physical or direct assets offers far more protection than holding paper exposure, especially if the financial system takes a hit. While Wall Street is focused on short-term gains, Kiyosaki is urging people to think long-term and consider what might actually hold value if the system breaks. For him, that list includes gold, silver, and Bitcoin – not stocks.

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