‘Wealthy Dad Poor Dad’ Writer ‘So Bullish’ on Bitcoin as ‘Big Market Crash Right here’

U.In the present day – Robert Kiyosaki, a famend investor, entrepreneur and the writer of the favored basic guide on funds “Wealthy Dad Poor Dad,” has delivered large information in his right this moment’s X put up.

Kiyosaki believes {that a} “big market crash” has arrived, however he stays bullish on Bitcoin.

Kiyosaki “so bullish on Bitcoin” as “big market crash” arrives

Kiyosaki shocked the neighborhood with a press release that the markets are experiencing a “big crash.” His clarification for this example is that the Fed Reserve, Treasury, banks and Wall Road proceed to print cash and this “makes issues worse.”

He acknowledged that when the aforementioned entities print “faux cash,” the wealthy, who personal “actual belongings” solely enhance their wealth, whereas those that save fresh-printed “faux cash” “get poorer on account of inflation and taxes.”

For this very cause, Kiyosaki mentioned that he stays “so bullish” however not solely on Bitcoin, but additionally on gold and silver — he considers all of them to be safe-haven belongings to depend on throughout tough occasions for markets and the financial system. “Save Bitcoin,” he tweeted.

Kiyosaki first started to quote the explanation the U.S. authorities printed U.S. {dollars} for enormous Bitcoin development sooner or later again in 2020, when the pandemic struck the world. The U.S., together with different giant international locations, started supporting households and companies by issuing monetary help. Households obtained “survival checks” of $1,200.

Bitcoin to $350,000 in 2025, per Kiyosaki

In December 2024, Robert Kiyosaki astounded the neighborhood by saying that he expects the world’s largest crypto, Bitcoin, so skyrocket to $350,000 in 2025. Since then, he has twice made the identical prediction, doubling down on it.

In a tweet this week, already in 2025, the monetary professional barely adjusted his prediction, sharing that he expects Bitcoin to soar to a minimal of $175,000 and will after that stretch the surge to the aforementioned $350,000 worth degree.

The “Wealthy Dad Poor Dad” writer is betting on the newly elected U.S. chief who promised that the U.S. will embrace Bitcoin and different cryptocurrencies and can create a strategic Bitcoin reserve, shopping for BTC over the following 4 years of his presidency.

That prediction got here because the Bitcoin neighborhood celebrates a 16-year anniversary of mining the Bitcoin Genesis block. The mysterious Satoshi Nakamoto launched Bitcoin by mining the primary block Jan. 3, 2009.

This text was initially revealed on U.In the present day