Bitcoin Updates: Kiyosaki and Buffett Clash—Debate Over "Money for the People" Versus Wealth on Paper
- Robert Kiyosaki criticized Warren Buffett's crypto skepticism, arguing Bitcoin serves as a hedge against collapsing traditional markets and central bank manipulations. - Buffett reiterated his stance against Bitcoin, favoring productive assets like stocks and farmland , with Berkshire Hathaway holding $308.9B in equities and $381.7B in cash. - Bitcoin ETFs saw $866M in outflows as prices dipped below $90K, contrasting with Kiyosaki's "People's Money" narrative and Saylor's bullish 2025 projections. - Hyb
Bitcoin’s recent slide below $90,000 has sparked renewed discussion about the outlook for digital currencies. Financial commentator Robert Kiyosaki has sharply criticized Warren Buffett’s ongoing skepticism about crypto. In a post dated November 17, Kiyosaki, the author of Rich Dad Poor Dad, contended that Buffett’s view of
Buffett, a long-standing critic of Bitcoin, has repeatedly asserted that the cryptocurrency “doesn’t generate anything,” drawing a distinction between it and productive assets such as businesses or farmland.
This ongoing debate comes as Bitcoin ETFs see significant withdrawals,
Kiyosaki’s criticism also targeted traditional investment vehicles like ETFs and REITs, which he dismissed as “printed money” and “counterfeit.” He
The differing viewpoints underscore broader disagreements over how to allocate assets.
As the cryptocurrency sector faces regulatory and economic challenges, Kiyosaki’s stance reflects a growing distrust of centralized financial systems, while Buffett’s approach highlights confidence in established stocks and cash. With Bitcoin’s value holding above $96,000, the discussion about its place in long-term investment portfolios remains as heated as ever.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Today: Bitcoin Drops $90K—Is This a Bear Market Pullback or a Prime Buying Chance?
- Bitcoin fell below $90,000 on Nov. 18, its lowest in seven months, driven by a death cross pattern and shifting macroeconomic expectations, erasing 2025 gains and triggering $1B in liquidations. - The selloff intensified as Fed rate-cut odds dropped to 42%, with ETF outflows reaching $2.8B, while altcoins like ICP and HYPE bucked the trend amid extreme market anxiety (fear/greed index at 11). - Analysts highlighted "stickier" inflation concerns and mixed institutional activity, noting BlackRock's IBIT ET

JPMorgan Faces Allegations of Politically Motivated Account Closures; Refutes Claims, Points to Regulatory Requirements
- Florida AG James Uthmeier probes JPMorgan for alleged politically motivated "shadow de-banking" targeting conservative entities like Trump Media . - Investigation claims JPMorgan shared TMTG banking data with DOJ and closed accounts after a 2024 merger, citing a 2023 subpoena demanding pre-incorporation records. - JPMorgan denies political bias, emphasizing compliance with legal requests while critics highlight lack of evidence and CFPB data showing minimal political bias in account closures. - Probe ove

Brazil Implements Crypto Tax to Close Loopholes, Align with International Norms, and Increase Revenue
- Brazil proposes tax on cross-border crypto transactions to align with OECD standards and boost public revenue. - The IOF tax expansion targets stablecoin transfers, reclassified as forex operations under 2025 central bank rules. - Unregulated crypto flows cost Brazil $30B annually; new rules aim to combat tax evasion and money laundering via stablecoins. - Political tensions emerge as lawmakers push for crypto tax exemptions amid regulatory tightening and global compliance efforts.

Bitcoin Updates Today: Is the Crypto 'Extreme Fear' Index Signaling a Prime Buying Moment or Hinting at a Larger Downturn?
- Bitcoin falls below $90,000 for first time in seven months as crypto market loses $600B, driven by profit-taking and institutional outflows. - U.S. Senate classifies Bitcoin/Ethereum as "digital commodities," shifting regulatory authority to CFTC amid ETF outflows and hybrid fund approvals. - sFOX-Nomura joint liquidity offering aims to stabilize markets, but leveraged positions and automated liquidations worsen downward spiral. - Analysts debate long-term resilience: while institutional buying persists,
