Robert Kiyosaki clarified that this is his opinion and not a guaranteed fact. The American entrepreneur also criticized US President Joe Biden, US Securities and Exchange Commission (SEC) Chairman Gary Gensler, US Treasury Secretary Janet Yellen and US Federal Reserve Chairman Jerome Powell (Jerome Powell). Kiyosaki doubted their ability to competently manage the economy. According to Kiyosaki, their “incompetence” will lead to the devaluation of the national currency, making digital assets a safer haven.

“By August 25, 2024, Bitcoin will be worth $350,000. This is a prediction, an assumption, an opinion, bait for the foolish, but it is not a lie, because any predictions about the future are not a lie. I want $350,000 Bitcoin to be true. I am sure that someday in 2024 Bitcoin will reach this mark, but this is just a goal, a dream and a desire,” Kiyosaki wrote on the social network X.

There are about five months left before the 2024 US presidential election, so it is unknown whether there will be clarity in the regulation of the crypto industry. Recently, US presidential candidate Donald Trump announced the start of collecting donations in cryptocurrency for his election campaign.