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Popular author and investor Robert Kiyosaki’s enthusiasm for Bitcoin is a constant that manifests itself very frequently in his comments. Both in his podcast and in his X account, the analyst does not miss the opportunity to recommend investment in BTC. In his opinion, investing or not in that asset will demarcate the border between rich and poor.
Recently, the businessman confirmed his opinion in a publication in his X account. He stated that the price of the largest Cryptocurrency will soon surpass the barrier of $100K per unit. Likewise, he commented that those who dare to buy BTC will be the rich people in the not too distant future.
According to Kiyosaki’s theory, the financial world is about to suffer a major collapse. In that sense, economic growth supported by the uncontrolled issuance of debt led to the creation of a giant bubble. That gigantic bubble will not only burst, but is already in the process. This mega collapse that Kiyosaki speaks of will take all the capital protected in dollars and shares into the abyss.
It ensures that only the value of those capitals that are stored in gold, silver and BTC will survive. These are the three assets that will help people become rich. He emphasizes that he has investments in all of them because he is aware that the collapse is already underway.
THE RICH WILL GET RICHER:
Q: WHO WILL BE RICHER?
A: The people who save Gold, Silver. Bitcoin. I own all three financial assets.
Q: WHO WILL BE POORER?
A: The people who save dollars, Pesos, Yen, Euro, & Loonies.
As I warned in Rich Dad Poor Dad
“Savers are losers…because…
— Robert Kiyosaki (@theRealKiyosaki) November 29, 2024
Robert Kiyosaki Openly Promotes Bitcoin Investment
Kiyosaki’s open apology for Bitcoin does not remain mere words. In fact, recently the author confirmed that he has a significant amount of capital in this cryptocurrency. In a post by X a few weeks ago, he reported that he has 73 bitcoins in his possession. Likewise, he stated that his plans are to continue buying regardless of the price.
In any case, the investor is convinced that an apocalypse is approaching and the purchase of BTC is a salvation. These warnings from Kiyosaki have been going on for some time and some investors say they make sense, considering the loss of value of the dollar. New generations, both in the US and in other countries, have increasingly fewer possibilities of accessing basic goods.
The latter is probably linked to the financial decline that is taking place, as the popular author suggests. On the other hand, he states that the accelerated path of the BTC price towards $100K is counterproductive for poor and middle-class people. In their opinion, this will make it difficult for them to catch up with investments in a highly expensive asset.
In this scenario of accelerated price increases, large financial corporations will be the biggest beneficiaries, he points out. Hence, the analyst considers that FOMO plays a positive role, as it forces many people to buy BTC, which will benefit them in the long term.
At the time of writing, the price of Bitcoin is $96,584, according to CoinMarketCap. Meanwhile, its performance in 24 hours is -0.23%.
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