Here is why the author of Rich Dad, Poor Dad believes that BTC will reach $ 500,000 in 3 years

Here is why the author of Rich Dad, Poor Dad believes that BTC will reach $ 500,000 in 3 years

Robert Kiyosaki-the author of the bestseller "Rich Dad, Poor Dad"-believes that Bitcoin will increase to $ 500,000 by 2025, due to an impending market crash and a resulting distrust of the US dollar.

He previously warned people to avoid traditional fiat currencies in uncertain times and to concentrate on BTC or gold.

Kiyosaki's latest advice

The American businessman, investor, motivational speaker and author predicted that the markets are faced with serious correction that will trigger further massive pressure from fiat currencies through the Federal Reserve.

Kiyosaki believes that people should accept bitcoin, gold and silver in the middle of these potential turbulence, and predict that the leading digital asset will reach $ 500,000 in three years. He added that the yellow metal could rise to $ 5,000 while silver could be traded at $ 500.

The main reason for the price increase of these assets could be the undermard confidence in the US dollar, which he described as "false money". On the other hand, he classified gold and silver as "God's money", while Bitcoin is "the money of people".

giant crash comes. Depression possible. Fed forced to print billions of counterfeit money. By 2025 gold at $ 5,000, silver at $ 500 and Bitcoin at $ 500,000. Why? Because confidence in US dollars, false money, is destroyed. Gold & silver god money. Bitcoin people $. Be careful.

- Robert Kiyosaki (@therealkiyosaki) 13. February 2023

Kiyosaki was one of the few who predicted the heavy business crash from 2008. In recent years he has warned that a new financial collapse is emerging and asked people to refrain from saving dollars due to the controversial policy of the Fed.

BTC is the key to future happiness

The Americans said in October last year that Bitcoin, gold and silver will continue as long as the interest reserve increases the interest rates. However, he sees this as a purchase opportunity and says that investors who choose these assets will be “smiled” as soon as the US Central Bank swings.

Before he listed several reasons why the greenback will lose its supremacy in the future, which means that people should accept BTC, whereby the US government " A lot of money, ”the main reason. The leading economy in the world had A foreign debt of over $ 31 trillion (as of January 2023).

According to Kiyosaki, other factors that could drive up Bitcoin's evaluation are the intention of the authorities to "keep interest rates low", and the galloping inflation.

er said last month that all cryptocurrencies except Bitcoin is securities, which means that the US SEC will be pursued. Therefore, BTC remains the only digital asset in which it is worth investing.

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