Robert Kiyosaki, a famend investor, entrepreneur, and the creator of the favored basic e-book on funds “Wealthy Dad Poor Dad”, has delivered large information in his at the moment’s X submit.
Kiyosaki believes {that a} “large market crash” has arrived however he stays bullish on Bitcoin.
Kiyosaki “so bullish on Bitcoin” as “large market crash” arrives
Kiyosaki shocked the group with an announcement that the markets are experiencing a “large crash”. His clarification for this case is that the Fed Reserve, Treasury, banks, and Wall Road proceed to print cash and this “makes issues worse.”
He acknowledged that when the aforementioned entities print “pretend cash”, the wealthy, who personal “actual belongings” solely enhance their wealth, whereas those that save fresh-printed “pretend cash” “get poorer on account of inflation and taxes.”
GIANT MARKET CRASH right here.
Q: How can I be so bullish on gold, silver, and Bitcoin?
A: As a result of the idiots working the Fed, Treasury, Banks, and Wall Strret solely know tips on how to print cash, which makes issues worse.FYI: When pretend cash is printed the wealthy, who personal actual belongings get…
— Robert Kiyosaki (@theRealKiyosaki) January 3, 2025
For this very cause, Kiyosaki stated that he stays “so bullish” however not solely on Bitcoin, but in addition on gold and silver – he considers all of them to be safe-haven belongings to depend on throughout tough instances for markets and the economic system. “Save Bitcoin,” he tweeted.
Kiyosaki first started to quote the rationale the US authorities printed US {dollars} for big Bitcoin development sooner or later again in 2020, when the pandemic struck the world. The US, together with different giant international locations, started supporting households and companies by issuing monetary help. Households acquired “survival checks” of $1,200.
Bitcoin to $350,000 in 2025, per Kiyosaki
In December 2024, Robert Kiyosaki astounded the group by saying that he expects the world’s largest crypto, Bitcoin, so skyrocket to $350,000 in 2025. Since then, he has twice made the identical prediction, doubling down on it.
In a tweet this week, already in 2025, the monetary knowledgeable barely adjusted his prediction, sharing that he expects Bitcoin to soar to a minimal of $175,000 and will after that stretch the surge to the aforementioned $350,000 worth degree.
MY PRICE PREDICTION
for BITCOIN 2025:$175,000 to $350,000
Pleased New Yr
— Robert Kiyosaki (@theRealKiyosaki) January 2, 2025
The “Wealthy Dad Poor Dad” creator is betting on the newly elected US chief who promised that the US will embrace Bitcoin and different cryptocurrencies and can create a strategic Bitcoin reserve, shopping for BTC over the following 4 years of his presidency.
That prediction got here because the Bitcoin group celebrates a 16-year anniversary of mining the Bitcoin Genesis block. The mysterious Satoshi Nakamoto launched Bitcoin by mining the primary block on January 3, 2009.