Robert Kiyosaki, the bestselling author of Rich Dad Poor Dad, has voiced his unwavering support for Bitcoin and believes that the world’s first cryptocurrency will soon be valued at $100,000.
In a recent tweet, Kiyosaki explained that he had initially thought Bitcoin had reached its peak, but watching the digital asset slowly climb to $6,000 changed his perspective.
Kiyosaki believes that Bitcoin’s value lies in the fact that it is supported by people and not by institutions like the US Federal Reserve or the government.
According to Kiyosaki, Bitcoin’s decentralized nature means that it does not require the backing of the Fed or the government to succeed.
As such, Kiyosaki has confidently predicted that Bitcoin’s value will eventually reach $100,000.
He also believes that cryptocurrencies, including Bitcoin, could serve as an excellent hedge against falling global stock markets, making them an attractive investment option for savvy investors.
Furthermore, Kiyosaki anticipates that the US dollar will continue to lose ground on the global stage, leading to a surge in the adoption of cryptocurrencies.
He has previously stated that he trusts neither the Fed nor the US president and thus has invested in both Bitcoin and precious metals like gold and silver.
With Kiyosaki’s endorsement and unwavering belief in Bitcoin’s potential, it seems that the world’s first cryptocurrency has a bright future ahead of it.