Robert Kiyosaki, author of “Rich Dad Poor Dad,” is predicting a major market crash and a significant surge in Bitcoin’s price. He believes this crash is already underway.
A Crash is Coming, Says Kiyosaki
Kiyosaki, citing excessive money printing by central banks, claims a “giant” market crash is here. He argues this will benefit the wealthy who own real assets like gold, silver, and Bitcoin, while hurting those who hold cash. He encourages people to protect themselves from inflation by investing in these assets.
Bitcoin Price Predictions
Kiyosaki forecasts a substantial Bitcoin price increase this year, ranging from 78% to 257%. He’s even bolder with his long-term prediction, setting a 2025 price target of $175,000 to $350,000. Currently, Bitcoin is trading at approximately $98,079.
Kiyosaki’s Criticism of the US Dollar
Kiyosaki calls the US dollar “fake money,” criticizing government policies that he believes devalue savings. He points to the removal of the US dollar from the gold standard in 1971 as a key event in this devaluation. He urges people to stop relying on the US dollar and instead invest in assets that will retain their value during times of inflation.
Disclaimer: This information is for general knowledge only and does not constitute financial advice. Investing in cryptocurrencies and other assets carries significant risk. Always conduct thorough research and consider consulting a financial advisor before making any investment decisions.
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