Robert Kiyosaki urges: Buy Bitcoin before it’s too late

Despite a temporary slowdown across the cryptocurrency market, its representative asset, Bitcoin (BTC), doesn’t lack fervent supporters, including ‘Rich Dad Poor Dad’ author Robert Kiyosaki, who has once again urged his followers to buy it.

Specifically, Kiyosaki called Bitcoin “the first truly scarce money,” considering its limited supply of only 21 million BTC that will ever exist, and warned that fear of missing out (FOMO) is about to accelerate in an X post he shared on October 22.

As it happens, the veteran investor, known for his outspoken criticism of central banks and fiat currency, emphasized that Bitcoin’s fixed supply makes it fundamentally different from the government-issued fiat money that he considers fake, equating scarcity with strength.

Kiyosaki has repeatedly advocated for owning “real money” like gold, silver, and Bitcoin, as protection against a broken and corrupt monetary system. In earlier posts this month, he warned that rising prices and government spending continue to “make the rich richer and the poor poorer.”

Scarcity, sound money, and the rise of FOMO

By noting that nearly 20 million BTC have already been mined, the financial educator hints that the asset’s final supply phase and potential scarcity-driven price climb could be near. Bitcoin’s next halving event, estimated to take place in 2028, will cut issuance further, adding weight to Kiyosaki’s argument that supply-side pressure could trigger intensified demand.

At press time, Bitcoin is changing hands at the price of $109,141.05, which represents an increase of 0.95% in the last 24 hours, although it is also down 2.04% across the previous seven days and has accumulated a decline of 3.38% on its monthly chart.

Although traditional investors often view Bitcoin as speculative, the ‘Rich Dad Poor Dad’ author places it squarely in the ‘sound money’ category, a hedge against inflation rather than a risk asset. Meanwhile, his call to “not be late” echoes the kind of sentiment that has historically preceded BTC rallies.