Kiyosaki's 7-Digit Price Target for Bitcoin: Gave Investment Advice!
Robert Kiyosaki, drawing attention to the dangers of central banking, called on his followers to move away from fiat systems and turn to decentralized assets like Bitcoin (BTC) and gold.
The world-famous businessman and author of Rich Dad Poor Dad, Robert Kiyosaki, stated in a post on May 10 that central banks, especially the Federal Reserve (Fed), threaten economic freedom. Reminding that former U.S. Congressman Ron Paul defined "central banks determining interest rates as price setting," Kiyosaki characterized this situation as a form of socialist and Marxist control.
Kiyosaki emphasized that "fake money leads to fake statistics, fake accounting, fake balance sheets, fake payments, fake relationships, fake leaders, and corruption in daily life," urging to stay away from fiat systems. He invited his followers to adopt decentralized assets like Bitcoin and precious metals instead of the devalued dollar.
Kiyosaki's anger towards fiat money is not new. He has been describing the U.S. dollar as "a dying currency" for years, arguing that government spending and central bank manipulations have devalued the dollar. Embracing the economic understanding of the Austrian school, Kiyosaki states that "assets like gold, silver, and Bitcoin" provide protection against inflation and form the basis of intergenerational wealth accumulation in the long term.
Kiyosaki had previously predicted that Bitcoin would reach 1 million dollars by 2035. He also anticipates that gold will rise to 30,000 dollars and silver to 3,000 dollars.