Rich Dad Poor Dad' Author Reaffirms $100,000 Bitcoin Prediction, Cites Shared 'Common Enemy' with BTC
Renowned author Robert Kiyosaki reaffirms his prediction that Bitcoin (BTC) will reach an unprecedented $100,000 all-time high.
Robert Kiyosaki, the acclaimed author of 'Rich Dad Poor Dad', expresses concerns over the financial future of average American families due to the increasing U.S. government debt.
He labels Bitcoin as the "people's money" and warns about the potential pitfalls of saving in US dollars.
"Anticipate Bitcoin reaching $100,000. I've always said gold and silver are God's money, while Bitcoin is for the people. If stock and bond markets crash, expect gold and silver to soar. Even graver, if the global economy collapses, Bitcoin could touch $1 million, gold might reach $75,000, and silver could climb to $60,000. Those relying on the US dollar might find themselves in a tight spot due to overwhelming debt. I genuinely hope I'm mistaken. Stay cautious."
In a recent conversation with Daniella Cambone of Stansberry Research, Kiyosaki reveals his growing affinity for Bitcoin, stemming from his dwindling trust in the nation's governing institutions.
"I appreciate Bitcoin because it shares a mutual adversary with me: the federal government, the Treasury, the Fed, and Wall Street. If you have faith in them, stick to dollars and bonds. Personally, I'm wary."
Earlier in the year, Kiyosaki had forecasted Bitcoin's ascent to $100,000, emphasizing its inherent value, independent of government interventions.
As of the current update, Bitcoin is trading at $29,167.
Aug 17, 2023
