Renowned financial writer and teacher Robert Kiyosaki often discusses the impact of Bitcoin, on money-making tactics, highlighting Michael Saylor's plan to use MicroStrategy's money to invest in Bitcoin in his recent statements. Kiyosaki confirmed that Saylor is a "genius" who supports his strategy and supports this course of action by asserting that Bitcoin beats gold as an investment option preferred by investors.
Kiyosaki's Criticism of Conventional Investing
Kiyosaki criticized those who oppose Saylor's Bitcoin strategy, such as some of the financial industry's loudmouths. Typically, these naysayers favor gold as an investment. However, according to Kiyosaki, Bitcoin has more potential than conventional assets, especially in times of economic uncertainty.
He argues that Bitcoin offers protection from the inflationary policies of the US Federal Reserve, which include excessive money printing. While acknowledging the continued holdings of gold and silver, Kiyosaki stressed that Bitcoin should be a top priority for modern investors.
Furthermore, Kiyosaki believes that the economic actions of the US government are devaluing the currency, and he sees Bitcoin as a hedge against these policies. Given the political leanings of many people working for the Treasury Department and central banks, he believes that they are part of this decline. Despite these objections, Kiyosaki supports politicians who promote economic policies that he believes are more in line with individual freedom and financial success, such as Donald Trump and JD Vance.
Bitcoin's Future Value and Kiyosaki's Call to Action
Saylor’s bold prediction that Bitcoin could eventually hit $13 million per coin was cited by Kiyosaki in his most recent speech. Kiyosaki believes this goal is achievable, especially since Bitcoin is currently trading at $90,000. He emphasized that buying even a fraction of Bitcoin today could make someone a millionaire very soon and encouraged people to invest in it now.
Kiyosaki makes a clear call to action, asking people to make better investment decisions. He urges people to think of Bitcoin as an alternative to debt-ridden options like student loans. With his endorsement of Bitcoin and his continued belief in its long-term prospects, Kiyosaki makes it clear that investing today will ensure financial success in the future.