Robert Kiyosaki, the author of the famous book “Rich Dad Poor Dad,” recently made a bold statement that Bitcoin is the easiest way for anyone to become a millionaire. Known for his advocacy for digital assets, Kiyosaki emphasized the potential of Bitcoin in achieving financial success. In a post on X (formerly Twitter), he highlighted the challenges of becoming a millionaire as an entrepreneur, requiring intelligence, dedication, and luck. Kiyosaki prefers to save in Bitcoin because he believes the flagship cryptocurrency does the hard work for him, making it his preferred investment choice.
Aside from promoting Bitcoin as a path to wealth, Kiyosaki also advises people to buy Bitcoin as a hedge against the potential collapse of the fiat-based monetary system. He points to the increasing inflation in the US as a reason to consider Bitcoin as a safeguard for wealth protection. Recently, Kiyosaki expressed concerns about China’s stock market and urged individuals to buy as much Bitcoin as possible before a potential market crash, referring to it as the “biggest bubble in history.”
Despite his enthusiasm for Bitcoin, Kiyosaki acknowledged the reluctance of some individuals to invest in the cryptocurrency. He addressed common excuses such as Bitcoin being too expensive, emphasizing that the current price is still below its potential future value. Kiyosaki encouraged people to start by buying small amounts of Bitcoin and gradually increase their investment as they can afford it.
In terms of Bitcoin’s price prediction, Kiyosaki forecasted that Bitcoin could reach $350,000 by August of the current year. He clarified that while this prediction is not a guaranteed outcome, he hopes for it to materialize. The finance author also expressed confidence in the long-term growth potential of Ethereum and Solana, citing his lack of faith in US leaders like President Biden, Treasury Secretary Janet Yellen, and Fed Chair Jerome Powell as a driving factor behind his investment decisions.
A chart depicting Bitcoin’s price struggles at $66,000 was included in the article, sourced from Tradingview.com. Kiyosaki’s advocacy for Bitcoin and other cryptocurrencies stems from his belief in their ability to generate wealth and serve as a hedge against economic uncertainty. As a prominent figure in the finance world, his opinions on digital assets carry weight and influence the investment decisions of many individuals looking to secure their financial future.
