The renowned author of “Rich Dad, Poor Dad”, Robert Kiyosaki,
has predicted that Bitcoin will reach $100,000 by September,
thanks to Bitcoin halving. Kiyosaki, famed for his insights on wealth and
investment strategies, plans to accumulate 10 more Bitcoins before April,
according to his post on LinkedIn.
He mentioned: “I am buying 10 more Bitcoin before
April. Why? The “Having.” If you can’t afford a whole Bitcoin, you
may want to consider buying 1/10 of a coin via the new ETFs or Satoshi’s. If
the Bitcoin process works as designed, you may own a whole Bitcoin by the end of
this year.”
Kiyosaki’s outlook is influenced by his assessment of the
global economic situation. He highlighted various factors contributing to
financial instability, including the United States’ staggering debt, China’s
troubled property market, and Japan and Germany’s economic challenges. Additionally, he highlights consumers’ reliance on credit
cards, the state of troubled banks, and the looming specter of global conflict.
I am buying 10 more Bitcoin before April. Why? The “Having.” If you can’t afford a whole Bitcoin you may want to consider buying 1/10 of a coin, via the new ETFs or Satoshi’s.
If the Bitcoin process works as designed you may own a whole Bitcoin by the end of this year.
I…
— Robert Kiyosaki (@theRealKiyosaki) March 25, 2024
He stated: “Because the “smart money” knows
the U.S. is the biggest debtor nation in the world; China’s property
market is “toast;” Japan has
been in a Depression since 1990; Germany is sliding into a depression, mom and
pop consumer are living on credit cards; banks are in trouble; and the world is
on the brink of war.”
Bitcoin, Gold, and Silver
Besides his recommendation for Bitcoin, Kiyosaki is bullish
about investing in silver, particularly US silver eagles. He cited their
scarcity and the challenges in obtaining pre-1964 U.S. silver coins. Kiyosaki
emphasized the affordability of silver as a precious metal investment alongside
Bitcoin and gold, which he sees as essential hedges against financial
instability.
Kiyosaki echoes the sentiments of Bitcoin advocate Michael
Saylor, underscoring the risks associated with saving in fiat currency, which
Saylor disparagingly refers to as “fake money.” Urging individuals to
steer clear of financial impoverishment, Kiyosaki, along with Saylor and
colleague Andy Schectman, encouraged investors to acquire Bitcoin, silver, and
gold to hedge against economic uncertainty.
He added: “Of the…
