Robert Kiyosaki is an influential American entrepreneur, educator, and author. He is best known for his best-selling personal finance book, Rich Dad Poor Dad that was published in 1997.
He is very active on X (formerly Twitter) nowadays and he often likes to post about Bitcoin. His most recent tweet, from a few hours ago, went viral among the crypto community.
While he didn’t provide a specific price target for Bitcoin, he boldly claimed that the BTC price is about to ‘explode’.
Kiyosaki’s Reasoning
Kiyosaki’s tweet offers insights into his thinking:
“Bitcoin, gold, silver prices about to EXPLODE…. As stated in my previous tweet…. you talkers….cowards discussing which is better…. Gold or Bitcoin…will be Big Losers… when Marxist Fed PIVOTS…cutting interest rates…and real assets go up in price…as fake money leaves fake assets such as US bonds… fleeing to real assets such as real estate, gold, silver, and Bitcoin.”
The author’s argument centers on the anticipated actions of the Federal Reserve. He believes that when the Fed pivots and cuts interest rates, it will trigger a flight of capital from what he terms “fake assets” like US bonds to “real assets” including Bitcoin, gold, and silver.
Bitcoin, gold, silver prices about toEXPLODE….As stated in my previous tweet…. you talkers….cowards discussing which is better…. Gold or Bitcoin…will be Big Losers… when Marxist Fed PIVOTS…cutting interest rates…and real assets go up in price…as fake money leaves fake…
— Robert Kiyosaki (@theRealKiyosaki) September 14, 2024
Kiyosaki doesn’t just predict; he also advises. He urges his followers to take action rather than merely discussing which asset is superior. He colorfully illustrates this point by comparing the debate between gold and Bitcoin to arguing over Ferrari versus Lamborghini while riding the bus.
“Those who own real gold, silver, and Bitcoin will get richer….able to afford Ferraris or Lamborghinis….while talkers who take the bus…. say to themselves…”I really do not like either Ferraris or Lamborghinis.” That is known as loser talk.”
The author emphasizes the importance of ownership over debate, encouraging readers to assess their holdings of gold, silver, and Bitcoin. He advocates for action, referencing his military background with the phrase “Acta non Verba” – actions speak louder than words.
Read also: How Much Will 30,000 Kaspa (KAS) Tokens Be Worth in the Peak of the Bull Run?
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