U.In the present day – Robert Kiyosaki, famend investor, entrepreneur and writer of the favored traditional finance e book “Wealthy Dad, Poor Dad”, has X large information in his submit at present.
Kiyosaki believes there was a “large market crash” however stays optimistic.
Kiyosaki is 'so bullish on Bitcoin' as a 'large market crash' is coming.
Kiyosaki shocked the neighborhood by declaring that the markets have been experiencing a “large crash”. His rationalization for this example is that the Fed Reserve, the Treasury, the banks and Wall Avenue proceed to print cash, and that “makes issues worse.”
He said that when the aforementioned entities print “pretend cash”, the wealthy who personal “actual belongings” solely improve their wealth, whereas those that save the freshly printed “pretend cash” are “impoverished by inflation and taxes”.
It is because of this that Kiyosaki stated he stays “so bullish,” however not solely on bitcoin, but in addition on gold and silver — all of which he sees as safe-haven belongings that may be relied upon throughout robust instances for markets and the financial system. “Save Bitcoin,” he tweeted.
Kiyosaki first started to state the explanation why the US authorities was printing US {dollars} for the massive development of Bitcoin sooner or later as early as 2020, when the pandemic hit the world. The US, together with different main nations, started supporting households and companies by issuing monetary support. Households obtained “survival checks” of $1,200.
Bitcoin to $350,000 in 2025 on Kiyosaki
In December 2024, Robert Kiyosaki shocked the neighborhood by asserting that he anticipated the world's largest cryptocurrency, Bitcoin, to skyrocket to $350,000 in 2025. He has since made the identical prediction twice and doubled it.
In a tweet this week, as early as 2025, the monetary professional adjusted his forecast barely, saying that he expects Bitcoin to soar to no less than $175,000 after which could lengthen the rise to the aforementioned $350,000 worth degree.
The writer of the e book “Wealthy Dad Poor Dad” is betting on the newly elected US chief, who has promised that the US will settle for Bitcoin and different cryptocurrencies and create a strategic Bitcoin reserve, to purchase BTC through the subsequent 4 years of his presidency.
The prediction got here because the Bitcoin neighborhood celebrates the 16-year anniversary of the mining of the Bitcoin Genesis block. The mysterious Satoshi Nakamoto launched Bitcoin by mining the primary block on January 3, 2009.
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