Well now, it seems our good friend Robert Kiyosaki has dusted off an old chestnut about Warren Buffett and his opinions on that shiny, digital snake oil called Bitcoin. Warren, the old sage from Omaha, once called it speculation – not the kind of thing a feller lugs around as his retirement plan, mind you. And now, Kiyosaki’s got a few tricks up his sleeve to show that maybe, just maybe, ol’ Warren’s got his facts a tad mixed. 🤠
To make things more interesting, while Buffett’s busy passing the CEO baton to Greg Abel – a move as predictable as sunrise – folks keep yappin’ about Bitcoin like it’s some wild stallion runnin’ loose. These old comments about Bitcoin? They’ve been around longer than the Mississippi, but they still stir up a mighty fuss whenever folks talk shop about that particular shiny object. 🎩
Traditional Assets Can Be Just as Troublesome as a Rattlesnake in Your Boot
Kiyosaki’s first argument is that, contrary to what many folks believe, traditional investments ain’t foolproof. Stocks can tumble faster than a drunken fiddle player on Saturday night, real estate can flip quicker than a pancake on Sunday morning, and U.S. Treasuries – well, they sometimes do the hokey pokey when big foreign investors decide to shake things up. Meanwhile, Berkshire Hathaway’s been selling stocks like they’re hotcakes – twelve quarters straight! – and hoarding Treasury bills that now make up over 5.6% of the entire market. Even Berkshire’s busy shufflin’ their chips around like a crooked gambler – Alphabet in, D.R. Horton out. Ain’t no sure thing, no sir. 🎲
Gold, Silver, and Bitcoin: Assets for the Wise and the Cautious
Now, about that shiny “magic” metal – Bitcoin, that is. Kiyosaki says it’s like gold and silver, in that it’s a scarce resource – limited in supply, no matter what the government or Wall Street might say. 21 million BTC, locked tight. Unlike those paper promises, which can be expanded faster than a politician’s lies, Bitcoin stays solid as a rock, or at least as solid as a rock that’s been hammered by a hurricane. 💰
He finishes his spiel by sayin’ it’s not about who’s right or wrong – it’s about how a person treads the path of risk. For him, that means holding assets that can’t be conjured up out of thin air, which is why Bitcoin stays firmly in his portfolio, like an old friend you never forget – even if everyone else is runnin’ the other way.
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2025-11-17 16:22