Robert Kiyosaki, the celebrated author of Rich Dad Poor Dad, weighed in on the official Trump coin (TRUMP) and bitcoin in a post on social media platform X this week. Kiyosaki’s book, co-authored with Sharon Lechter, has achieved global acclaim, selling over 40 million copies, being translated into 51 languages, and reaching audiences in 109 countries.
In his remarks, Kiyosaki reflected on the debut of the official Trump coin. The coin was introduced by President Donald Trump on Jan. 17, shortly before his inauguration. A few days later, on Jan. 19, First Lady Melania Trump unveiled her own meme coin, MELANIA. Initially, both tokens experienced significant spikes in value, though their appeal soon waned, leading to a subsequent decline in market performance. The famous author expressed his skepticism, stating:
What do I think about TRUMP COIN? Not much. Unfortunately, the whole crypto world is becoming a ‘tranny,’ transforming from the ‘future’ to a ‘farce.’
Kiyosaki underscored his preference for time-tested investments over speculative ventures. In the same post, he reiterated a stance he has long maintained:
I hold my course buying real gold, real silver, and real bitcoin.
For years, Kiyosaki has advocated for bitcoin as a safeguard against inflation and a reliable store of value. He often refers to it as “people’s money.” In his post, he also criticized exchange-traded funds (ETFs), sharing his personal investing approach: “As a personal rule I do not invest in any ETFs. I am old and I prefer ‘real.’” This philosophy reflects his broader emphasis on tangible assets over financial instruments like ETFs. In addition, Kiyosaki recently predicted that bitcoin would reach $250,000 by 2025. He confirmed his commitment to accumulating more of the crypto, reinforcing his bullish outlook.
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