Kiyosaki’s Contradictory Bitcoin Claims Spark Crypto Community Backlash

The controversy centers on a stark timeline discrepancy. In his recent statement, Robert Kiyosaki asserted he ceased acquiring Bitcoin when it was priced at $6,000. As noted by critics, Bitcoin has not traded at that level since mid-2020, following the initial COVID-19 market crash. This claim stands in direct opposition to his own prolific social media activity. For instance, on July 1, 2025, Kiyosaki explicitly posted on X that he had ‘bought another bitcoin today,’ while the asset was trading between $105,000 and $110,000.

The narrative of ongoing accumulation continued. Just weeks after his July 2025 purchase, when Bitcoin’s price surged above $117,000, Kiyosaki announced he was ‘going to buy one more bitcoin asap.’ He further reinforced this stance in early 2026, explaining that he ignores the prices of Bitcoin and Ethereum and simply ‘keeps buying more.’ These documented actions, advocating for and demonstrating continuous investment at tenfold the price of his claimed $6,000 stop-point, form the core of the community’s outrage. The contradiction is not a matter of subtle interpretation but a clear conflict between his past declarations and his recent recollection.

The crypto community’s response was swift and severe. Vigilant followers quickly compiled the evidence, juxtaposing Kiyosaki’s $6,000 claim with his higher-priced purchase announcements. The backlash rapidly evolved from pointing out a single inconsistency to a broader indictment of his credibility. Critics argue that if he is being dishonest about his current claim, it casts doubt on whether he was truthful in his earlier posts about buying Bitcoin, potentially making him a ‘liar for years.’

The scrutiny expanded beyond Bitcoin. Critics like certified financial planner Mark McGrath attacked Kiyosaki’s overall pattern of advice. In a pointed social media post on February 6, 2026, McGrath labeled Kiyosaki a ‘lying grifter,’ highlighting how the author had been ‘pumping’ Bitcoin, Ethereum, gold, and silver ‘non stop daily for years’ while now claiming he was ‘never buying’ at high prices. This incident has prompted a re-examination of other investment predictions and market crash warnings Kiyosaki has issued over the years, many of which, as critics note, never materialized. The episode underscores a growing skepticism toward financial influencers whose public pronouncements may not align with their private actions or historical record.

This controversy transcends a simple personal dispute; it highlights critical issues in the world of financial commentary and social media influence. Robert Kiyosaki built a massive following by advocating for financial education and alternative assets like Bitcoin, Ethereum, gold, and silver. His recent contradictory statements risk eroding the trust that forms the foundation of that influence. Followers who may have made investment decisions based on his very public, price-specific endorsements feel misled.

The fallout serves as a cautionary tale about the verification of public investment claims. In an era where a social media post can move markets, the accountability of prominent figures is under increasing scrutiny. The community’s ability to quickly audit and challenge Kiyosaki’s timeline demonstrates a new layer of public oversight. For investors, the incident reinforces the importance of conducting independent research rather than relying solely on the advice of any single guru, no matter how prominent. The credibility of financial advice, especially in the volatile crypto sector, is paramount, and this backlash shows that the audience is willing to enforce it.