Robert Kiyosaki, a prominent financial educator and author of “Rich Dad Poor Dad,” lists Bitcoin along with other assets as a hedge in times of national financial crisis.
Bitcoin is an alternative to the financial crisis
A popular author, he has always been a key promoter of diversifying investors' portfolios, especially in the face of economic crises. This time, he highlighted the jump in the national debt since the start of the latest NFL football season, saying the debt has increased by an additional $1 trillion.
As a result, he urged investors to put their money into acquiring gold, silver and Bitcoin. In his opinion, the measure will protect investors from “financially corrupt and incompetent leaders.”
This is not the first time Kiyosaki has promoted BTC as an alternative investment that thrives during financial turmoil.
Around November 2023, strongly advocated Bitcoin is being bought as hyperinflation looms in the United States, potentially making the country one of the poorest countries. It is worth noting that the same view is held This is by Michael Saylor, another major Bitcoin proponent.
BTC’s appeal to investors
Bitcoin may have succeeded in proving itself to be a great store of value. Kiyosaki previously outlined its unique position as a decentralized cryptocurrency, adding that its value is controlled by the people, not government leaders. His supporters say Bitcoin also acts as a safeguard against central bank actions.
Prominent cryptocurrency research firm Messari recently described the flagship cryptocurrency as the “godzilla of finance”, highlighting Bitcoin’s deep and disruptive nature that reshapes traditional notions of money and investment.with SEC nod The market is expected to become even more favorable against Bitcoin in the coming days to support the Spot Bitcoin ETF.
Some predict that the coin could reach new levels following the launch of several Bitcoin ETFs and the upcoming halving event. The author of “Rich Dad, Poor Dad” looks at Bitcoin As much as $150,000 soon
Prior to this latest prediction, Kiyosaki’s BTC prediction for October 2023 was capped at $135,000, but overall, the coin is currently fluctuating between $42,000 and $43,000.
