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Rich Dad Poor Dad author: BTC to hit $100,000 in June

This article was adapted and translated from 《富爸爸穷爸爸》作者:6月BTC将达10万美金

By Mlixy from W3C DAO 2024-02-20 00:00

Recently, Robert Kiyosaki, author of Rich Dad Poor Dad, claimed on social media that by June 2024, Bitcoin will reach $100,000 USD.

Previously in November 2023, Robert Kiyosaki warned that fiat currencies are not safe and emphasized that central banks are buying gold to save themselves. He urged investors to protect themselves from central banks and reiterated his advice to invest in gold, silver and bitcoin. Kiyosaki has consistently warned against fiat currencies, calling them "fake money". In contrast, he has referred to gold and silver as "God's money" and to bitcoin as "people's money". Furthermore, in January 2023, Robert Kiyosaki tweeted that he were investing in Bitcoin because it is categorized as a commodity like gold, silver and oil. Most cryptocurrencies are classified as securities, and SEC regulations will destroy most of them. He will be purchasing more Bitcoin.

Robert Kiyosaki has a positive attitude towards Bitcoin as an asset that can fight hyperinflation and financial crises. He has tweeted his views and predictions about Bitcoin on several occasions, generating a lot of interest and discussion. According to Kiyosaki, Bitcoin is a decentralized currency that is not controlled or interfered with by governments and banks, and therefore offers a higher degree of freedom and security.

In addition, he compared Bitcoins to gold and silver, calling them "real money" while fiat currencies are "fake money" because they are constantly devalued by government printing and debt. Predicting that the United States and other countries will face severe economic collapse and hyperinflation, he advised people to buy Bitcoins and precious metals to protect their wealth and purchasing power.

Previously, Kiyosaki noted the reason why investors have grown to love gold, silver, and bitcoin: liquidity. When the real estate market was at its peak, people were scrambling to buy houses, but when real estate collapsed, people couldn't get out because real estate was illiquid. And by 2021, investors prefer the liquidity of gold, silver, and Bitcoin.

He also mentioned that the United States is currently printing endlessly, resulting in more and more dollars. Inflation is a tax on the poor and middle class.Inflation makes the rich richer and holding Bitcoin can effectively beat inflation.

Kiyosaki has also made some bold predictions about Bitcoin's price action. He has said in February 2021 that he expects the price of Bitcoin to reach $500,000 by 2025; and then by October 22, 2023, Kiyosaki tweeted that gold will soon break through $2,100 and start to take off, silver will rise from $23 to $68, and Bitcoin will test $30,000 before the next target of $135,000; and recently he again put a confirmed price target of $100,000 on the table.

Kiyosaki's views have been welcomed and appreciated by many, but have also caused controversy and criticism from some. Some argued that his predictions were overly optimistic and unrealistic, failing to take into account the technical, legal and market risks and challenges of Bitcoin. Either way, Kiyosaki's comments have sparked thought and discussion about Bitcoin and the future of the economy, and reflect his personality and style as a man who dares to challenge and innovate.

Robert Kiyosaki is a successful entrepreneur, author, and educator whose "Rich Dad" series of books and games have changed the way many people view wealth and manage their money. His optimism and predictions about Bitcoin also demonstrate his insight and judgment about the future of the economy. His courage and innovation are worthy of our learning and respect. His story tells us that wealth is not based on luck or chance, but on knowledge, skills and thinking. If we want to realize our financial freedom and dreams, we need to improve our financial intelligence, master the rules of the game of money and be a smart investor.


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