Robert Kiyosaki, who is a best-selling author, advocates investing in assets such as Bitcoin, citing his distrust of fiat currencies, the US government, and the US dollar.
Robert Kiyosaki, the famous author of Rich Dad Poor Dad, has reaffirmed his stance on the future of Bitcoin on the social media platform X. He is very optimistic that the price of Bitcoin will soar in 2025 and could even reach USD 350,000 or around IDR 5.7 billion (estimated exchange rate of IDR 16,288 per USD).
Known as co-author of Rich Dad Poor Dad with Sharon Lechter, Robert Kiyosaki's works have sold more than 32 million copies, translated into 51 languages.
The renowned author explained that the wealthy continue to accumulate wealth, but only a small number of individuals, by his count perhaps less than 1 in 8 million people, can afford to write a check for $106,000 or Rp1.72 billion.
However, Kiyosaki emphasized that with Bitcoin this does not mean that only those with large cash reserves, aka only the wealthy, will benefit when the value of bitcoin rises.
Kiyosaki argues: "That's the genius of Bitcoin. Even if someone can only afford 1/2 a Satoshi, bitcoin's Democratic design allows people who can't write a check for USD 106,000 to have the same opportunity to get richer as those who can write a check for USD 106,000," he wrote.
Donal Trump & Bitcoin
The bestselling author advocates investing in assets like Bitcoin, citing his distrust of fiat currencies, the U.S. government, and the U.S. dollar.
He advocates investing in small units of Bitcoin, emphasizing its inclusive design and potential to help people build wealth.
He urges his followers to act quickly, stressing:
"Don't delay. Start getting richer today. At least start buying Bitcoin before it's worth $106,000," he said.
Kiyosaki also linked his views on Bitcoin to broader political developments, praising President-elect Donald Trump as the “first Bitcoin president.” In a post on X.
He predicted that the price of bitcoin would soar to $350,000 next year.
"Bitcoin to $350,000 by 2025. Own more bitcoin by 2025," he wrote.
Trump's recent endorsement of blockchain technology and the appointment of a new US Securities and Exchange Commission (SEC) chairman and crypto czar have further fueled optimism in the cryptocurrency community.
