- Kiyosaki has long advocated for Bitcoin as a means to escape the effects of USD.
- Robert now has 73 BTC and aspires to reach 100 BTC, according to the most recent disclosure.
The bold statements made by Robert Kiyosaki on the US government, the Fed, and the financial market have earned him a legendary reputation. He has a lengthy history of ties to the cryptocurrency sector and has long advocated for Bitcoin as a means to escape the poverty-inducing effects of fiat currency and the Federal Reserve.
In spite of his unwavering faith in Bitcoin, he has never shied away from predicting its price, particularly when it comes to its decline; for example, he recently said that BTC may plummet to $60,000 despite its current position near $100,000.
Banking on Bitcoin
Robert now has 73 BTC and aspires to reach 100 BTC, according to the most recent disclosure. That will happen when he waits for a negative time or when the price of bitcoin drops significantly. Curiously, Robert Kiyosaki has long predicted that the US economy would fail, bringing down almost every financial firm.
This will cause the worst financial market meltdown ever in due time. But when it will happen is anybody’s guess. Robert thinks momentum is gathering and it will happen shortly.
Whatever the case may be, he has weighed in on the same, this time speculating that Bitcoin’s pause around $100,000 might portend a decline to $60,000 in value. But instead of being scared about a Bitcoin meltdown, he’s pleased since it’s a sale and he can purchase more Bitcoins.
The price of bitcoin has been skyrocketing since Donald Trump’s victory in the US election; at the moment, it is trading at $95,189, close to $100,000.
Highlighted Crypto News Today:
