Bitcoin vs. Altcoins
Renowned finance author Robert Kiyosaki, known for his bestseller “Rich Dad Poor Dad,” has declared Bitcoin the simplest route to millionaire status.
The “Easiest Way” to Become a Millionaire
Kiyosaki believes that becoming a millionaire through entrepreneurship requires “intelligence, dedication, and luck.” In contrast, he prefers investing in Bitcoin because it “does the hard work” for him.
Bitcoin as a Haven
Kiyosaki advises buying Bitcoin as a hedge against the potential collapse of fiat currencies. He cites inflation and market volatility as reasons to invest in crypto.
Frustration with Bitcoin Excuses
Kiyosaki expresses frustration with people who dismiss Bitcoin as “too expensive.” He argues that while Bitcoin is currently at a high price, it has the potential to appreciate further.
Kiyosaki’s Price Predictions
Kiyosaki has predicted that Bitcoin will reach $350,000 by August 2023. He emphasizes that this is merely a prediction and not a guarantee.
Confidence in Crypto
Kiyosaki remains bullish on Bitcoin, Ethereum, and Solana. He believes their prices will continue to rise due to the “incompetence” of US leaders, which he believes will lead to economic instability.
