‘Rich Dad Poor Dad’ Author Kiyosaki Finally Explains Why He Owns Bitcoin (BTC) By U.Today
From Investing.com:
Renowned author of “Rich Dad Poor Dad,” Robert Kiyosaki, explains his significant investment in Bitcoin (BTC) as a safeguard against traditional financial institutions’ wealth erosion.
Kiyosaki claims Bitcoin defends against systematic wealth theft by entities like the Federal Reserve, Treasury, and Wall Street bankers through inflation, taxation, and stock manipulation.
Kiyosaki eschews traditional investment vehicles for Bitcoin due to its decentralized and inflation-resistant qualities.
Despite previous reservations, Kiyosaki now considers Bitcoin as indispensable as gold and silver, envisioning it as a genuine store of value.
Kiyosaki predicts a rise to $120,000 within the year and $500,000 per BTC by 2025, speculating on the possibility of Bitcoin’s value reaching $1 million in a global economic downturn.
Kiyosaki’s endorsement of BTC highlights the growing prominence of cryptocurrencies as a formidable asset class in his investment strategy.
Read more: ‘Rich Dad Poor Dad’ Author Kiyosaki Finally Explains Why He Owns Bitcoin (BTC) By U.Today