• Robert Kiyosaki predicts that the BTC price will reach $100,000.
• He believes that Bitcoin’s independence from government and financial institutions make it a safer investment than traditional assets.
• Kiyosaki also recommends investing in gold and silver as he expects an increase in their prices.
Robert Kiyosaki Predicts Bitcoin Price of $100,000
US businessman and best-selling author Robert Kiyosaki continues to see enormous potential in Bitcoin despite the current price slump. In a tweet from today, he predicts that the BTC price will reach $100,000. However, he does not reveal a time frame for this.
Kiyosaki Cites Independence From Governments & Institutions
In the tweet, Kiyosaki shared his love for Bitcoin, citing its independence from governments, financial institutions and central banks as one of the main reasons for his prediction. According to the author of the best-selling book “Rich Dad, Poor Dad,” this feature makes BTC a safer investment than traditional assets like stocks and bonds. He tweeted:
Bitcoin Market Cap Seven Times Lower Than Gold’s
If Bitcoin were to reach this price, BTC’s market cap would be approximately $1.935 trillion. This would still leave Bitcoin’s market cap seven times lower than gold’s ($13.19 trillion) at current values.
Kiyosaki Recommends Investing in Gold & Silver
In addition, the author also regularly recommends buying gold and silver in his tweets. He justifies this investment advice with an expected rise in the price of precious metals. Remarkably, the author is not alone in doing so.
Kiyosaki Believes Fed Is ‘F’ing Everyone’
In mid-March, he elaborated on that statement in more detail. The rich dad explained that Federal Reserve Chairman Jerome Powell has been fooling everyone. According to him, this will lead to a massive scale crash in traditional markets: FED’s Powell F’ed everyone