Rich Dad’s Bitcoin Rant: ‘Real Money’ or Just a Scam?

The crypto market reversed on Saturday after an earlier drop on Friday, which tracked Wall Street losses amid jitters on banking concerns and trade tensions. 🚀 (Or as I like to call it, “the financial equivalent of a toddler’s bedtime routine.”)

Bitcoin fell to a low of $103,516 on Friday, marking four consecutive days of drop since Oct. 13 as macro uncertainty and liquidity stress kept traders cautious across crypto markets. Gold‘s price also fell after reaching a record high at $4,379 earlier on Friday. Silver mirrored the drop in Bitcoin and gold, falling as the broader precious metals group retraced after a steady rally this week. 💸 (It’s like watching a toddler lose interest in their favorite toy.)

Investors also considered the ongoing government shutdown, which is in its third week, as lawmakers fail to reach an agreement on the federal budget. During the shutdown, federal agencies have suspended releases of crucial economic data, not allowing investors to properly assess the health of the U.S. economy. 🧠 (It’s like trying to solve a puzzle with half the pieces missing… and the other half are just random socks.)

At the time of writing, Bitcoin had recouped part of its losses, up 1.5% in the last 24 hours to $107,292. 🎉 (Or as I call it, “the crypto market’s version of a midlife crisis.”)

“Rich Dad Poor Dad” author defines real money

In a tweet, “Rich Dad Poor Dad” author Robert Kiyosaki acknowledges a rebound in gold, silver, Bitcoin and Ethereum prices, revealing his excitement about this. 😂 (It’s like a kid finding a treasure map in a cereal box.)

THE RICH get RICHER: while I am personally happy gold, silver, Bitcoin, Ethereum are going up…. My concern is the price of life…. AKA…inflation….makes life harder on the poor and middle class.

Please do your best to not be a victim of a broken and corrupt monetary system.…

– Robert Kiyosaki (@theRealKiyosaki) October 17, 2025

While a rebound is happening across various assets, Kiyosaki calls attention to what he calls the price of life, that is inflation, which he claims “makes life harder on the poor and middle class.” 🤡 (Because nothing says “concerned citizen” like blaming inflation for your inability to afford a second cup of coffee.)

In this light, Kiyosaki urges his followers not to be a victim of a broken and corrupt monetary system. 🧠 (Because nothing says “financial guru” like suggesting the system is broken… while profiting from it.)

The “Rich Dad Poor Dad” author went on to define what real money is, which he says is never government money. He names gold, silver, Bitcoin and Ethereum as real money, which he says is what is to be saved. 🎯 (Because nothing says “practical advice” like telling people to invest in assets that are as stable as a Jenga tower.)

2025-10-18 18:07

“Rich Dad Poor Dad” author defines real money

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