BTC
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to buy Bitcoin now, saying the cryptocurrency will hit $350,000 by 2025. Kiyosaki urged that, given the democratic nature of Bitcoin, people should buy even half a dollar a day in Satoshi to profit when the price hits the sky.
Robert Kiyosaki co-authored Rich Dad, Poor Dad with Sharon Lechter, the book that propelled him to popularity. The book has sold over 32 million copies and has been translated into 51 languages. The book's most notable feature is that it remained on the New York Times bestseller list for over six years.
Kiyosaki has always encouraged people to invest in digital assets, including Bitcoin, pointing out that paper money, the US government, and the dollar are unreliable. The famous author encourages people to buy Bitcoin even in small units. He has always seen his overall design as helping people build wealth. Kiyosaki called on people to move quickly before 2025.
A "sat" (short for satoshi) is the smallest unit of Bitcoin. Named after Bitcoin's pseudonymous creator, Satoshi Nakamoto, one satoshi is equal to 0.00000001 Bitcoin or one hundred millionth of a Bitcoin.
The author of “Rich Dad, Poor Dad” hails Trump as “the first dent of Bitcoin.”
Kiyosaki believes that the current political environment favors Bitcoin and will see it continue its upward trend. In his post, he praised the US President “the first Bitcoin president,” claiming that Bitcoin will reach $350,000.
US President Donald Trump has made encouraging moves for crypto enthusiasts. He has been vocal in his defense of blockchain technology, saying it is the future and people should embrace it. Additionally, his recent appointment to the US Securities and Exchange Commission (SEC) has renewed optimism in the crypto community.
Robert Kiyosaki warns baby boomers of looming economic collapse
While campaigning for cryptocurrencies, the popular author predicted the biggest economic collapse that could affect the entire baby boomer generation. In his post on X, Kiyosaki expressed his concerns, highlighting the difficult situation facing the baby boomer generation.
He said that baby boomers risk losing their retirement benefits because they rely solely on traditional retirement assets such as stocks, bonds and homes. He said that when the stock market crashes, baby boomers will lose a lot.
Robert Kiyosaki urged young people to help their parents evaluate their investments before the economic collapse. He said the only way to be safe is to invest in gold, cryptocurrencies or silver.
