2023-04-22 10:43:00
© Archyde.com. Rich Dad Poor Dad author Robert Kiyosaki explains why he loves Bitcoin
Voiced by Robert Kiyosaki. An accomplished American investor, entrepreneur, motivational speaker, and bestselling author of Rich Dad, Poor Dad. He recently expressed his admiration for Bitcoin (BTC) and praised its ability to stand the test of time.
According to Kiyosaki, Bitcoin’s success can be attributed to its decentralized nature, as it is driven by the people rather than the Federal Reserve or the US government for support.
Here’s why Kiyosaki loves bitcoin in a tweet on Friday. Kiyosaki said he watched BTC soar to $20,000 and then lose almost all of its value when it fell below $4000 several years ago. The author notes that he bought more assets when he jumped to $6,000.
As a strong advocate for financial education, Kiyosaki emphasized the importance of understanding the potential of Bitcoin and its role in the future of finance.
The investor sees gold and silver through the same lens and continues to encourage people to acquire more in preparation for the impending market crash on the US. Kiyosaki intends to increase his exposure to digital assets and precious metals because the Federal Reserve, the United States Treasury and President Joe Biden are “liars.”
Robert Kiyosaki believes that Bitcoin will reach $100,000. It is worth noting that Kiyosaki believes that Bitcoin is the only viable investment in a field, as it is recognized as a commodity. Unlike most altcoins which are securities. He insists that once US regulators such as the Securities and Exchange Commission (SEC) classify them as cryptocurrency securities. The oversight bodies will put pressure on them hard.
Meanwhile, the author sees BTC trading at $100,000 soon. He predicted in February that by 2025 . The leading cryptocurrency will be valued at $500,000 while Silver and Silver will trade at $5,000 and $500, respectively.
Crypto Horizon
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