Robert Kiyosaki, famous author of “Rich Dad Poor Dad” and investor, predicts that Bitcoin will soon break above the $100,000 resistance. He shared his views on the aftermath of this breakthrough for average investors. Kiyosaki owns three safe-haven assets: gold, silver, and Bitcoin, and continues to buy them. He believes that saving fiat currencies will make people poorer because “cash is trash”, as stated in his book.
In a recent post, Kiyosaki emphasized that the rich will get richer by saving assets like gold, silver, and Bitcoin, while the poor and middle class who save fiat currencies will struggle to catch up once Bitcoin surpasses $100,000. He predicts that it will become almost impossible for them to afford Bitcoin, as it will be mainly accessible to corporations, banks, and sovereign wealth funds at that price. Kiyosaki encourages his followers not to miss out on the opportunity to invest in Bitcoin before the price surge.
Despite Kiyosaki’s warnings, some followers disagreed with him, believing that Bitcoin will continue to be accessible to all, even at higher prices. Kiyosaki also predicts that Bitcoin could reach $500,000 in 2025 after consulting AI, and possibly $1 million by 2030. He attributes this potential rise to the influence of AI on financial markets, referencing a future book called “Money GPT”. Additionally, Kiyosaki revealed that he has been following Michael Saylor’s Bitcoin investment plan on a smaller scale.
Recently, Bitcoin reached a peak of $98,745 before experiencing a slight decline to $96,880. Despite the fluctuations in its price, Kiyosaki remains optimistic about Bitcoin’s future, expecting significant growth in the coming years. As he continues to advocate for investing in assets like Bitcoin and precious metals, Kiyosaki’s insights provide valuable perspectives for investors looking to navigate the ever-evolving world of finance.