Bitcoin Crash? Larry David’s Take on Kiyosaki’s “Good News”
So, this Robert Kiyosaki guy, the “Rich Dad Poor Dad” dude, thinks a Bitcoin crash is a good thing. Yeah, you heard me right, good! He’s actually excited about it! It’s like he’s rooting for a car accident just so he can buy the totaled car for cheap. And, let me tell you, he’s not even subtle about it. He’s like, “Trump tariffs, gold, silver, Bitcoin, boom, crash, buy, buy, buy! Get rich!”
He’s got this whole “market crash is a buying opportunity” philosophy. He’s like, “Everyone’s running scared, but me, I’m buying up all the cheap stuff. I’m like a vulture, circling around, waiting for the weak to fall.” And, you know what? Maybe he’s onto something. This whole “buy low, sell high” thing, it actually makes sense.
I mean, I guess it’s better than being one of those people who’s crying over their lost money. You know, the ones who are like, “I put my life savings into Bitcoin, and now it’s all gone!” Like, come on, did you really think it was going to go up forever? 🙄
TRUMP TARRIFS BEGIN: Gold, silver, Bitcoin may crash. GOOD. Will buy more after prices crash. Real problem is DEBT….which will only get worse. CRASHES mean assets are on sale. Time to get richer.
— Robert Kiyosaki (@theRealKiyosaki) January 31, 2025
Kiyosaki sees a buying opportunity
He’s talking about “Gresham’s Law” and “Metcalfe’s Law,” like he’s some kind of economics genius. I mean, I don’t even know what those are. But, he’s using big words, so I’m assuming he’s right. He also says Bitcoin is like McDonald’s, and that’s a pretty convincing analogy, if you think about it.
All I know is, this Kiyosaki guy is like a modern-day Nostradamus, except instead of predicting the future, he’s predicting crashes. And, let’s be honest, it’s pretty hard to argue with a guy who can accurately predict a crash. So, maybe we should all be listening to him. Maybe we should all be buying up Bitcoin when it crashes. Or, maybe we should just stay far, far away from anything that has to do with money. It’s a tough call.
Cryptocurrencies were indeed under pressure following the news. At last check Saturday morning, the following coins were on the downtrend:
| CRYPTOCURRENCY | PRICE | GAINS +/- |
| Bitcoin | $102,240 | -2.3% |
| Ethereum (ETH) | $3,262 | -2.6% |
| Solana (SOL) | $228.29 | -4.6% |
| XRP (XRP) | $3.00 | -3.1% |
| Dogecoin (DOGE) | $0.3256 | -2% |
| Shiba Inu (SHIB) | $0.0000187 | -1.6% |
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2025-02-01 16:13