Robert Kiyosaki, author of “Rich Dad Poor Dad,” believes Bitcoin’s price is about to skyrocket, widening the gap between the wealthy and everyone else.
Bitcoin’s Price Point
Kiyosaki predicts that once Bitcoin surpasses $100,000, it will be too expensive for the average person to buy. He argues that only the ultra-rich – corporations, banks, and sovereign wealth funds – will be able to afford significant amounts of Bitcoin at that point.
The “Horse Out of the Barn”
He uses the metaphor of a “horse out of the barn and running” to illustrate the point that once Bitcoin hits this price, the opportunity for the poor and middle class to invest will be gone. He emphasizes that this will solidify the existing wealth disparity.
Kiyosaki’s Investment Strategy
Kiyosaki himself invests in Bitcoin, gold, and silver, advising others to do the same. He warns against holding onto fiat currencies like dollars, euros, and yen, calling cash “trash.” He recently stated his goal is to own 100 Bitcoin, regardless of price.
A Word of Caution
Remember, this is just one person’s opinion. Investing in cryptocurrency is risky, and you should always do your own research before making any investment decisions.
