U.Today – Robert Kiyosaki, famous investor, entrepreneur and author of the popular classic finance book “Rich Dad Poor Dad,” announced some big news in his X post today.
Kiyosaki believes that a “giant market crash” has occurred, but remains optimistic.
Kiyosaki is “so bullish on Bitcoin” as a “giant market crash” is coming.
Kiyosaki stunned the community by declaring that the markets were experiencing a “giant crash.” His explanation for this situation is that the Fed Reserve, the Treasury, the banks and Wall Street continue to print money and this “makes things worse.”
He stated that when the aforementioned entities print “fake money”, the rich, who own “real assets” only increase their wealth, while those who save freshly printed “fake money” “become impoverished due to inflation and taxes”.
It is for this reason that Kiyosaki said he remains “so bullish,” but not just on Bitcoin, but on gold and silver as well — he sees all of them as safe-haven assets to lean on during tough times for markets and the economy. “Save Bitcoin,” he tweeted.
Kiyosaki first started citing the reason why the US government was printing US dollars for the huge growth of Bitcoin in the future back in 2020, when the pandemic hit the world. The US, along with other major countries, began to support households and businesses by issuing financial aid. Households received “survival checks” of $1,200.
Bitcoin to $350,000 in 2025, according to Kiyosaki
In December 2024, Robert Kiyosaki stunned the community by saying that he expected the world’s largest cryptocurrency, Bitcoin, to skyrocket to $350,000 in 2025. He has since made the same prediction twice, doubling down on it.
In a tweet this week, as early as 2025, the financial expert slightly adjusted his prediction, sharing that he expects Bitcoin to rise to a minimum of $175,000, after which it could extend the jump to the aforementioned $350,000 price level.
The author of the book “Rich Dad Poor Dad” is betting on the newly elected US leader who has promised that the US will accept Bitcoin and other cryptocurrencies and will create a strategic Bitcoin reserve, buying BTC during the next four years of his presidency.
That prediction came as the Bitcoin community celebrates the 16-year anniversary of the mining of the Bitcoin Genesis block. The mysterious Satoshi Nakamoto launched Bitcoin by mining the first block on January 3, 2009.
