Famous financial educator and author of the book “Rich Dad Poor Dad” Robert Kiyosaki once again took to social media, this time Twitter/X, to share his thoughts on Bitcoin. Kiyosaki’s latest statements revolve around the alarming rise in the US national debt and his concerns about hyperinflation. In contrast, he advocates for the community to invest in alternative assets such as gold, silver and especially the leading cryptocurrency Bitcoin.
Kiyosaki continues his cryptocurrency advocacy
In a recent tweet, Kiyosaki pointed out that the US national debt has increased by another $1 trillion in the last five months. Expressing concern about the potential hyperinflation of the US dollar, he urged his followers to consider purchasing gold, silver and Bitcoin as a hedge against economic uncertainties. Kiyosaki’s call to action comes as a response to his criticism of the Federal Reserve and the US Treasury, where he predicts a dire economic scenario. Last year, the removal of the US national debt ceiling exceeded $34 trillion, causing concerns among economists and financiers.
To reinforce his confidence in Bitcoin as a store of value, Kiyosaki announced that he personally purchased five more Bitcoins following the approval of a spot-based Bitcoin ETF by the US Securities and Exchange Commission (SEC). This move is consistent with his belief that hyperinflation is imminent. In another tweet, Kiyosaki predicts a significant increase in Bitcoin’s price and expects it to reach $150,000 after regulators approve spot exchange-traded funds (ETFs) in the United States.
Bitcoin prediction from Kiyosaki
Kiyosaki, who has a large follower base of 2.5 million on social media, shared his bullish view on Bitcoin, predicting a 247% increase from its current value. He attributes his optimism to the recent green light of Bitcoin ETFs by regulators in the United States. Expressing his confidence in the course of Bitcoin, Kiyosaki details his belief that the increased interest of central banks in gold, combined with the rise in inflation, will take the cryptocurrency to new heights. He encourages investors to move into Bitcoin, gold and silver, highlighting the potential struggles of traditional assets like silver.
While Bitcoin has experienced market fluctuations and regulatory developments, Kiyosaki’s advocacy for alternative assets remains unchanged. The financial guru’s proactive approach, including his recent Bitcoin purchases, signals his continued belief in the cryptocurrency’s resilience amid economic uncertainties. Investors are closely monitoring Kiyosaki’s predictions in the ever-evolving cryptocurrency and global financial environment.
To be informed about the latest developments, follow us Twitter’in, Facebookin and InstagramFollow on . Telegram And YouTube Join our channel.