Rich Dad Poor Dad Author Reveals Why He’s Betting on Bitcoin, Says His BTC Investment Is Up 300% So Far
Rich Dad Poor Dad author Robert Kiyosaki says he believes in the lasting value of Bitcoin (BTC) along with the precious metals gold and silver.
In a new interview with Kitco News, the best-selling author says the value of Bitcoin is sustainable over time.
“When I saw Bitcoin go to $20,000, I don’t know when it was, then it dropped down… But then it came roaring back. So when it hit $6,000, I bought 60 Bitcoin at $6,000. I think today it is at $20,000… so the more I’m in it the more I realize it has sustainability. So the reason people buy Bitcoin is the same reason I buy this [silver]. And I buy this [gold]. I don’t trust this [dollar bills].”
His Bitcoin investment hit a 300% increase when the king crypto crossed $24,000. Bitcoin is trading for $23,902 at time of writing.
Kiyosaki has recently predicted huge rallies for Bitcoin and precious metals in the coming years.
“Giant crash coming. Depression possible. Fed forced to print billions in fake money. By 2025 gold at $5,000 silver at $500 and Bitcoin at $500,000. Why? Because faith in US dollar, fake money, will be destroyed. Gold & silver [is] God’s money. Bitcoin [is the] people’s money. Take care.”
Kiyosaki also said that Bitcoin is one of the most attractive crypto assets since regulators are likely to consider Bitcoin a commodity like gold, silver, and oil.
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