• Robert Kiyosaki, author of Rich Dad Poor Dad, stands by his prediction that Bitcoin will hit $100,000.
• He refers to Bitcoin as “the people’s money” and says those who save US dollars are likely screwed.
• He believes the average American family is in trouble as the US government continues to accumulate more debt.
Rich Dad Poor Dad Author Doubles Down on $100,000 Bitcoin Call
Former best-selling author Robert Kiyosaki says he stands behind his call that Bitcoin (BTC) will print a new all-time high and run all the way up to $100,000. The Rich Dad Poor Dad author refers to BTC as “the people’s money” and says that those who save US dollars are likely screwed due to the amount of debt the US government has accumulated.
Common Enemy With Bitcoin
In a new interview with Stansberry Research’s Daniella Cambone, Kiyosaki says that he has warmed up to the idea of Bitcoin as he has lost trust in institutions running the country. He said that he likes bitcoin because they have a common enemy – the federal government, Treasury and Fed Wall Street – and he doesn’t trust them. He advises savers of fake US dollars to take care if there is a crash in the stock or bond market or world economy.
Kiyosaki’s Predictions for BTC
Kiyosaki earlier this year made predictions that if there was a crash in both stock or bond markets or world economy then bitcoin could reach $1 million while gold would be at $75,000 and silver at $60,000.
At time of writing, bitcoin is worth $29,167 USD.
Don’t Miss a Beat – Subscribe to Get Email Alerts Delivered Directly To Your Inbox
The Daily Hodl encourages readers to subscribe for email alerts for news about cryptocurrency prices and industry announcements so they don’t miss out on any important updates about bitcoin developments.
The Daily Hodl does not provide investment advice and investors should do their own due diligence before making any high risk investments such as cryptocurrency or digital assets. Transfers and trades come with risks associated with them so losses incurred are solely responsibility of investor/reader/subscriber..