The author of the bestseller ‘Rich Dad Poor Dad’ and entrepreneur Robert Kiyosaki called Bitcoin ‘the people’s money’ and explained his affection for it.
WHY I ❤️BITCOIN: Years ago I watched BC climb to $20k then drop to 0. I thought BC finished. Slowly watched BC climb to $6 k & I bought lots. WHY? Because people support BC not FED or Gov. BC did not need FED or Gov bailout because BC people’s money. BC to $100k. Long live BC.
— Robert Kiyosaki (@theRealKiyosaki) April 21, 2023
“Many years ago I watched Bitcoin rise to $20,000, then fall to zero. I thought it was finished, and watched Bitcoin gradually climb to $6,000 — that’s when I bought a lot of BTC. Why? Because it is the people who support Bitcoin, not the US Federal Reserve or the government,” he wrote.
According to Kiyosaki, digital gold does not need state support, because it is ‘the people’s money’.
“Bitcoin to $100 000. Long live Bitcoin!”, the investor said.
Earlier, the entrepreneur repeated his forecast of the ‘greatest crash in history’ and predicted the rise of the first cryptocurrency to $500 000 by 2025.
In October 2022, Kiyosaki urged buying Bitcoin and other digital assets amid rising rates of the US Federal Reserve. In November he confirmed his commitment to digital gold, despite the collapse of FTX.
Earlier, in February 2023, the investor called the best options in turbulent times bitcoin and precious metals, but warned about their volatility.