Rich Dad Poor Dad's Robert Kiyosaki Says Bitcoin Could Help End Poverty — Here's Why

Robert Kiyosaki, the renowned author of "Rich Dad Poor Dad", has once again voiced his support for Bitcoin. On March 24, he urged his social media followers to break free from poverty by taking advantage of the opportunities presented by the cryptocurrency. Kiyosaki criticized what he called "FOMM" — the Fear of Making Mistakes — stating that this mindset often prevents people from taking control of their financial future.

WHY POOR PEOPLE remain POOR.

Most of us have heard of FOMO: Fear Of Missing Out.

Yet…the main reason poor people remain poor is due to FOMM: Fear of Making Mistakes.

The biggest opportunity in history is here…BITCOIN has made easy for everyone become rich…..Yet most… — Robert Kiyosaki (@theRealKiyosaki) March 24, 2025

Fear of Mistakes Keeps People Poor

“Most people remain poor because of FOMM,” Kiyosaki shared. “They’re afraid of making mistakes, so they avoid opportunities like Bitcoin. But the biggest chance for financial freedom is right in front of us.”

Kiyosaki believes that Bitcoin offers a level playing field for people worldwide, providing access to wealth-building opportunities without relying on traditional financial systems. Unlike conventional investments, Bitcoin operates on a decentralized network, free from institutional control.

Financial Education Beyond the Classroom

The financial guru also highlighted the importance of seeking knowledge beyond traditional education. He emphasized that financial literacy doesn’t require a prestigious degree, suggesting that people can educate themselves using free resources available online.

“The best financial education today is on YouTube,” he said, encouraging his followers to learn from thought leaders in the cryptocurrency space. Kiyosaki recommended experts like Michael Saylor, Jeff Booth, and Max Keiser as reliable sources of insight on Bitcoin’s potential.

Bitcoin as Protection Against Economic Collapse

Kiyosaki’s support for Bitcoin is not new. He has frequently warned about the dangers of government-backed fiat currency, inflation, and mounting national debt. Calling Bitcoin “the lifeboat,” he views it as protection against economic instability.

Earlier this month, Kiyosaki cautioned about a possible market crash, advising investors to seek financial security through Bitcoin, gold, and silver. He believes that assets like Bitcoin provide stability from the volatility of traditional financial markets.

Bitcoin's Recent Surge

At the time of writing, Bitcoin is trading at $87,535.59, with a trading volume of $23.2 billion in the past 24 hours, reflecting a 130.07% increase. The cryptocurrency's recent growth has fueled discussions about its role as a long-term store of value.

While skeptics remain cautious about Bitcoin’s volatility, Kiyosaki remains firm in his belief that the digital asset presents a historic opportunity for wealth creation.

Taking Risks for Financial Freedom

Kiyosaki’s core message is clear: overcoming fear is essential for achieving financial success. He encourages people to view mistakes as valuable learning experiences instead of obstacles. For him, Bitcoin represents a practical path to escape financial hardship.

“You won’t get rich by playing it safe,” he said. “And you won’t escape poverty by standing still. Courage leads to wealth, and Bitcoin is the opportunity waiting for those ready to take it.”

Whether Bitcoin will truly become a solution for global poverty remains to be seen. However, Kiyosaki’s call for financial empowerment through knowledge and bold decision-making continues to inspire people to rethink their approach to money and investments.

Also Read: Trump Is Building a Crypto Reserve With 5 Coins — Should You Invest Too?