Best-selling author of “Rich Dad Poor Dad,” Robert Kiyosaki, has explained why he made a substantial investment in Bitcoin (BTC), portraying it as the last line of defence against wealth depletion managed by conventional financial institutions.
In a recent disclosure, Kiyosaki said that Bitcoin functions as an essential safeguard against the institutionalised embezzlement of capital carried out by organisations such as the Federal Reserve, Treasury, and Wall Street bankers. According to the author, these organisations manipulate stock markets, impose taxes, and inflate money to increase its worth.
As a result, Kiyosaki has opted to favour Bitcoin’s decentralised nature and resistance to inflation over traditional investment vehicles like equities, bonds, and fiat money.
https://x.com/theRealKiyosaki/status/1752487550093320640?s=20
Although Kiyosaki had earlier voiced doubts regarding the inherent worth of Bitcoin, he now regards it as an essential financial instrument on par with gold and silver. Though he acknowledges the volatility of the cryptocurrency, he sees Bitcoin as a real store of wealth rather than just a speculative investment.
$1 million Bitcoin
Kiyosaki’s bullish outlook also includes bold price projections, indicating that the price of Bitcoin would grow to $120,000 this year and an astounding half a million dollars by 2025. He believes that in the case of a worldwide economic crisis, the value of Bitcoin may rise to an unparalleled $1 million.
The financial expert’s support for Bitcoin highlights a fundamental change in his approach to investing and the increasing stature of cryptocurrencies as a potent asset class.
