“The reason I hold bitcoins is simple—Bitcoin serves as a safeguard against the erosion of our wealth caused by our fiat money,” expressed Robert Kiyosaki.
In addition, he asserted that not only the Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen but also “Wall Street bankers” are actively engaging in the “theft of our wealth” through financial inflation, taxation, and the manipulation of stock prices.
“That is precisely why I choose to save and invest in Bitcoin, as opposed to traditional investments like stocks, bonds, and fiat currency,” emphasized the influential figure in the crypto space.
Known for his unwavering support of the first cryptocurrency, Kiyosaki consistently advises individuals to invest in BTC rather than relying on government-issued currencies. Periodically, the renowned investor and writer vocalize his concerns over the imminent collapse of the US dollar and the overall American economy, urging people to diversify their investments into precious metals and the first cryptocurrency.
Recently, Kiyosaki also offered his insights on the US Securities and Exchange Commission’s (SEC) approval of Bitcoin spot ETFs, declaring his expectation that Bitcoin’s price will reach $150,000—no less than that.