‘Rich Dad Poor Dad’ Author Publicly Endorses Bitcoin

FOMM, Not FOMO

Kiyosaki compared FOMO with FOMM, arguing that while FOMO investors benefit from Bitcoin’s rise, those with FOMM hesitate and regret it when prices soar. He predicts that the FOMM crowd will wait until Bitcoin exceeds $200K and claim it’s too expensive.

Source: X (@theRealKiyosaki)

Kiyosaki believes the main reason people remain poor is FOMM, not FOMO. He sees Bitcoin as the greatest wealth opportunity, yet many are too afraid to act. He reiterated his previous prediction of Bitcoin reaching $250,000 in 2025, driven by institutional adoption, scarcity, and distrust of fiat currencies.

Criticizing Schools

Known for criticizing traditional financial systems, Kiyosaki views Bitcoin as a hedge against inflation and government control. He also criticized schools for discouraging mistakes, which he argues stifles risk-taking and growth.

Kiyosaki encourages people to learn from Bitcoin advocates like Jeff Booth and Michael Saylor and emphasizes that financial education is now readily available on platforms like YouTube. For Kiyosaki, the biggest mistake is not investing in Bitcoin but letting fear stop action altogether.