Robert Kiyosaki, the author of the financial bestseller “Rich Dad Poor Dad”, is a loyal believer in Bitcoin value reserves. He mentioned Bitcoin once more in an interview with Kitco News yesterday (24th). It is said that Bitcoin will be as sustainable in value as gold and silver. Furthermore, according to Kiyosaki, his Bitcoin investment has seen a 300% increase in value.
(background supplement:Rich Dad Author: Bitcoin “People’s Money” Will Get Rich, Dollar Is Junk Currency）
reasonRobert Kiyosaki, author of the best-selling book “Rich Dad Poor Dad”, is a loyal fan of Bitcoin and continues to call for more positions.
Yesterday (24th), Robert Kiyosaki was accepting Kitco News’sthe interviewAt that time, he mentioned Bitcoin and his previous Bitcoin investment once more.
Bitcoin is as durable as gold and silver
First of all, Kiyosaki talked regarding Bitcoin price predictions in this interview, and believed that as the Federal Reserve prints more money, the prices of Bitcoin and precious metals will rise sharply in the next few years:
A huge crash is coming and the Fed is forced to print billions of dollars in “fake money”.By 2025, gold will be $5,000, silver will be $500, and bitcoin will be worth $5,000 $500,000.
Why? Because trust in the dollar and “counterfeit money” will be destroyed. Gold and silver are the money created by God, while Bitcoin is the money of the people. Please be careful with it.
Moreover, Kiyosaki also predicted that the market status of Bitcoin will gradually rise, and regulators may regard Bitcoin as a commodity like gold, silver and oil.
Kiyosaki’s Bitcoin Return on Investment
In this interview, Kiyosaki also mentioned his current Bitcoin holdings. According to the previous report of DongZone, Kiyosaki has repeatedly called for increasing Bitcoin positions, and put forward the view of holding Bitcoin as a long-term investment.
Further reading:Bitcoin fell below 22,000 mg once more; rich dad: will crash across the board, plan to buy more BTC
Kiyosaki said that he increased his position many times during the back and forth fluctuations of Bitcoin, and once bought 60 Bitcoins at a time when the price of Bitcoin reached $6,000:
When I saw Bitcoin hit $20,000, I didn’t know when it started to fall sharply and then rebounded, so when it reached $6,000, I just bought 60 Bitcoins.
The more I invest, the more I realize that Bitcoin is sustainable. So people buy bitcoin for the same reasons I buy gold, silver. None of us believed in (dollars).
In addition, Kiyosaki said that when the price of Bitcoin rose to $24,000 (temporarily reported at $23,179 at the time of writing), his Bitcoin investment has brought him a 300% growth return.
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