Bitcoin Debate: Kiyosaki Preaches Humility, Schiff Fails Gold Authentication Test

Bitcoin Debate: Kiyosaki Preaches Humility, Schiff Fails Gold Authentication Test

Investment guru Robert Kiyosaki surprises with a new success formula outside of Bitcoin, while gold advocate Peter Schiff stumbles during a simple authenticity test at a blockchain conference.

Kiyosaki Steps Back from Bitcoin Focus

Robert Kiyosaki, author of the bestseller "Rich Dad Poor Dad," is making headlines again – this time with a surprising message that deliberately sidelines Bitcoin. In a recent X post, the investment guru responds to new UBS figures: 2,900 billionaires now control approximately $15.8 trillion, compared to 2,700 billionaires controlling $14 trillion the previous year [1].

Kiyosaki's comment is blunt: "Simply put, there is too much greed and 'What's in it for me?' … That rules the world" [1]. The financial expert deliberately distances himself from this trend and emphasizes that he belongs neither to the old nor the new billionaires – despite earning millions.

Success Through "Ultra-Low-Tech"

Remarkably, Kiyosaki attributes his success not to modern technologies, but to "ultra-low-tech" businesses such as books and games based on traditional printing technology [1]. He parks his wealth, according to his own statements, in physical gold and silver – "ancient technologies" [1].

What appears bizarre is that Kiyosaki completely omits from this post the fact that he has invested a large portion of his wealth in Bitcoin and regularly advises his followers to do the same [1]. Instead, his post's central message focuses on a "primitive human technology": the question of how to serve other people.

Service to Humanity as Success Formula

Kiyosaki formulates his new creed with the image of the "Good Samaritan" and a simple principle: "The more people I serve … the more effective I become" [1]. He calls on his followers not only to ask what they can gain, but how they can better support their fellow humans. He sees this as the actual starting point for new business models – and as an alternative vision to a world dominated by greed [1].

Schiff Fails His Own Gold Test

While Kiyosaki touts gold as a secure investment, gold advocate Peter Schiff experienced an embarrassing moment at the Binance Blockchain Week in Dubai. The most vocal Bitcoin critic for the past 15 years sat on stage alongside Binance founder CZ, who handed him a gold bar [2].

The simple question "Can you tell me if this is real?" put Schiff in an awkward position [2]. The gold expert took the bar, lifted it, weighed it – and finally had to admit: "I can't say for certain right now whether it's real or not" [2].

A Symbolic Moment for the Crypto Community

The incident became a viral moment in the Bitcoin community. Ironically, the man who promotes gold as a superior alternative to Bitcoin failed the authenticity test of his preferred asset [2]. CZ had deliberately staged the "Your only argument against Bitcoin" bar to highlight the verification problems with physical gold – in contrast to transparent blockchain technology [2].

The episode underscores the ongoing debate between traditional assets and digital currencies. While Schiff laughed nervously, Bitcoin supporters celebrated the moment as a symbolic victory in years of ongoing dispute [2].

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This article was created with AI assistance. All facts are sourced from verified news outlets.

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