Here is why Kiyosaki wants to buy more bitcoin, gold and silver

Here is why Kiyosaki wants to buy more bitcoin, gold and silver

Robert Kiyosaki-an American businessman, investor and motivational speaker, better known as the author of the bestseller "Rich Dad, Poor Dad"-praised Bitcoin's impressive performance in the past 12 months and predicted that the price will continue to rise in the future.

He said he would buy more BTC because he was not trusted by the Federal Reserve and the President of the USA-Joe Biden.

BTC: An alternative to the controversial policy of Fed

In a recently published post on Twitter, Kiyosaki emphasized Bitcoin's price increase last year. However, it is worth noting that the rally started in early 2023, while BTC was traded at a level of less than $ 20,000 in 2022.

The "Rich Dad Poor Dad" author predicted that the asset could continue its positive trend in the following months. He even swore to increase his commitment to Bitcoin and the precious metals because "the Fed, the Ministry of Finance and Biden are liars".

Bitcoin has increased by over 100 % in one year. Will Bitcoin continue to rise? I bet on it. I buy more gold and silver. Why buy more gold, silver, BC? Because Fed, Treasury and Biden are liars. .

- Robert Kiyosaki (@therealkiyosaki) 18. April 2023

Numerous other prominent personalities recently claimed that the measures of the US Central Bank caused financial turbulence and could be a reason for the galloping inflation in the region.

Robert F. Kennedy Jr.-The nephew of former President John F. Kennedy, who challenged Joe Biden for democratic nomination in the 2024 elections-supports this thesis. He recently said cryptocurrencies such as Bitcoin could serve individuals as "escape path" "if this bubble bursts without exception".

In addition, he claimed that the FED had put together with a number of leading banks between 2008 and 2022 to print a considerable amount of money, while President Biden made the Doj, FDIC and other authorities "to the weapon" to force some institutions to operate their business at the end last Year.

remember that local supervisory authorities recently hired the operation of the Silicon Valley Bank (SVB), Silvergate Capital and Signature Bank. They have all served numerous cryptocurrency customers and their problems Severe loss of investors.

Kiyosaki sees the BTC trade at $ 500,000

The American who was one of the few who predicted the financial collapse in 2008, forecast preserver spaces = "true" collapse soon before another "huge" collapse could stand. As such, he advised people to avoid traditional Fiat currencies and to concentrate on Bitcoin and precious metals.

He believes that the higher possible acceptance could increase the evaluation of BTC by 2025 to $ 500,000, while gold could increase to $ 5,000 per ounce.

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