Why Robert Kiyosaki Chose Bitcoin Over Gold Amid Adam Back’s Critique of Roger Ver

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Georgi Minev
9 February, 2026, 19:51
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Adam Back Slams Roger Ver's "Hijacked Bitcoin" Claims as Dense with Lies and Bot-Driven FUD

Adam Back, the cypherpunk cryptographer whose Hashcash proof-of-work system was directly cited in Satoshi Nakamoto's Bitcoin whitepaper, has launched a sharp public rebuke against Roger Ver and supporters of the narrative that Bitcoin was "hijacked" after Satoshi's disappearance.

In a February 9, 2026 post on X, Back responded to a thread criticizing Ver's 2024 book The Hijacked Bitcoin. The book argues that Bitcoin Core developers deviated from Satoshi's supposed original vision—particularly on block size—and that Bitcoin Cash (BCH) better represents what Bitcoin was meant to be: a peer-to-peer electronic cash system.

Back, who corresponded directly with Satoshi during Bitcoin's early days, dismissed the book's claims after seeing just one page:

"The density of lies per sentence was impressive. I'm not reading it. Also they lost so badly, I don't think there are many of them left. It looks like a small sock army of AI bots mostly plus a few confused people."

He characterized the ongoing promotion of the "hijacked" thesis as largely driven by:

A dwindling group of die-hard Bitcoin Cash advocates
Automated "sock puppet" accounts (possibly AI-generated bots)
A handful of genuinely confused individuals

Context: The Block Size Wars and the 2017 Fork

The debate traces back to the infamous block size wars of 2015–2017. Ver, once known as "Bitcoin Jesus" for his early evangelism, became the most prominent advocate for increasing Bitcoin's block size limit to enable faster, cheaper transactions. When the community ultimately rejected a hard-fork increase (favoring SegWit and later Lightning Network scaling), Ver and his supporters forked Bitcoin to create Bitcoin Cash in August 2017.

Ver has maintained ever since that Bitcoin Core "betrayed" Satoshi's vision of cheap on-chain payments, while Bitcoin Cash (and later forks like BCH ABC and BCHN) preserved it. Critics, including Back, argue that:

Satoshi never specified a particular block size policy
Bitcoin's design always allowed for future upgrades via consensus
The Core roadmap prioritized decentralization and security over raw on-chain throughput
Bitcoin Cash's larger blocks have not achieved meaningful adoption as "digital cash" compared to Bitcoin's network effects

Robert Kiyosaki Warns “Biggest Crash in History Has Begun”—Buy Silver, Gold, BTC Now

Back's comment suggests he views the debate as long-settled, with Bitcoin's dominance (market cap, hash rate, institutional adoption) proving the community's 2017 decision correct.

Robert Kiyosaki Doubles Down: Bitcoin Over Gold if Forced to Choose One

Separately on February 9, Robert Kiyosaki—author of the bestselling Rich Dad Poor Dad series and a vocal Bitcoin advocate—reiterated his preference for BTC over physical gold when forced to choose a single asset:

"I am often asked: Which is a better investment? Gold or Bitcoin. Obviously I would say both for diversification of assets and add silver. Yet if I had to choose only one asset I would choose Bitcoin. Why? Because gold is in theory infinite. When the price of gold rises…"

Kiyosaki's reasoning centers on Bitcoin's hard-coded scarcity (21 million maximum supply) versus gold and silver, which he describes as theoretically infinite in supply (new mining, asteroid mining, etc.). He positions BTC as superior "digital gold" for long-term wealth preservation.

Current Market Snapshot (February 9, 2026)

Bitcoin trades around $69,000–$71,000, still down ~44% from its October 2025 peak above $126,000
The weekend was unusually calm after last week's volatility
Sentiment remains cautious ahead of this week's major macro releases (jobs report, CPI, Fed speakers)

Broader Significance

Adam Back's intervention carries weight because of his direct historical connection to Satoshi and Bitcoin's earliest development. His dismissal reinforces the dominant narrative within the Bitcoin Core community: that Bitcoin's evolution has been faithful to its founding principles, while Bitcoin Cash and similar forks represent a minority dissenting view that failed to gain traction.

Kiyosaki's continued advocacy, meanwhile, reflects Bitcoin's growing acceptance among traditional finance authors and educators as a legitimate store-of-value asset—especially when compared to gold in a world of potentially unlimited fiat and physical commodity supply.

While the market remains in a fragile state, these high-profile voices highlight two persistent themes in 2026: the enduring ideological divide over Bitcoin's purpose and the increasing institutional/educational embrace of BTC as digital scarcity in an inflationary world.

Georgi Minev publication: "Why Robert Kiyosaki Chose Bitcoin Over Gold Amid Adam Back’s Critique of Roger Ver" was written for 24crypto.news

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