Financial expert Robert Kiyosaki forecasts a significant surge in bitcoin’s value, expecting it to reach $350,000 by 2025. He criticizes Blackrock for allegedly manipulating the market to keep prices low, and advises individual investors to purchase bitcoin before large institutional investors dominate the market.
Robert Kiyosaki Criticizes Blackrock, Reaffirms Bold Prediction of Bitcoin Reaching $350,000
Robert Kiyosaki, the writer of Rich Dad Poor Dad, recently restated his views on bitcoin, the American currency, and the state of the global economy on a social media platform called X. In 1997, he worked together with Sharon Lecher to create a book that has been sold over 32 million times, translated into 51 languages, and distributed in 109 countries. This publication remained on the New York Times Best Seller list for over six years.
Kiyosaki expressed his trust in BTC on Dec. 27 while still questioning Blackrock’s role. He emphasized his preference for bitcoin in his personal wallet over Blackrock’s ETF, suspecting that Blackrock might be keeping the bitcoin price low for big investors to acquire it cheaply. Pointing out Blackrock CEO Larry Fink’s actions of selling off bitcoin, the well-known author reiterated his forecast of bitcoin reaching $350K.
Kiyosaki criticized individuals upset over the volatility of bitcoin prices, implying that they should be more appreciative and take advantage of the opportunity to purchase more bitcoins instead of complaining. He urged them to be mature, show gratitude, and invest further in bitcoin.
Kiyosaki forecasted turmoil for the US dollar, expressing worries about its declining influence in the global oil trade. He bluntly asserted that the dollar’s status as the primary currency for oil transactions instead.
Author Robert Kiyosaki sounded a warning about the global economy’s future, cautioning on December 22 that a worldwide economic downturn may be imminent. He wrote, “The global crash has begun, with Europe, China, and the US on a downward trajectory, potentially leading to a depression.” Kiyosaki emphasized the importance of financial prudence, advising individuals to be cautious with their finances and to prioritize job security. He also highlighted the value of certain assets that can provide a sense of stability during times of economic uncertainty.
Irrespective of the economic climate, precious metals like gold and silver, as well as crypto currencies such as bitcoin, tend to maintain their worth. Some individuals accumulate wealth. My goal is to increase my own prosperity, and I also wish for you to enhance your financial well-being and expand your knowledge.