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Robert Kiyosaki: Bitcoin will grow to $ 350,000
Robert Kiyosaki, author of the book Rich Dad, Poor Dad, urged investors to buy bitcoin BTC $99,904.78 Bitcoin -4.29% Market capitalization $1.98 trillion VOL. 24 hours $5.58 billion now, predicting that by 2025 its price will reach $ 350,000. He emphasized that even buying ½ of a satoshi can be a profitable investment when the cryptocurrency reaches new heights.
Satoshi, the smallest unit of bitcoin (0.1 BTC), was named after the creator of the cryptocurrency, Satoshi Nakamoto (ed.).
Kiyosaki, who is known for his support of cryptocurrencies, criticizes fiat money and US economic policy, emphasizing the unreliability of the dollar. He considers bitcoin a democratic tool for creating wealth and urges to act quickly while prices are still relatively affordable.
Kiyosaki also noted the positive impact of US President-elect Donald Trump’s policies on the cryptocurrency market, calling him the «first bitcoin president.» According to him, the support for blockchain technologies and optimistic appointments to the Securities and Exchange Commission (SEC) bolster the crypto community’s confidence in the future.
In addition, the author warns the so-called baby boomer generation about the risk of economic collapse. In his opinion, dependence on traditional assets such as stocks, bonds, and real estate can lead to significant losses. Kiyosaki advises young people to help their parents rethink investments and pay attention to gold, silver, and cryptocurrencies as ways to protect their capital.