Robert Kiyosaki Expects Bitcoin to Hit $500,000 as USD Falls

• Robert Kiyosaki has warned once more {that a} market crash is incoming.
• He cited the Fed’s cash printing as the first cause.
• Kiyosaki predicts BTC will hit $500,000 by 2025.

The well-known writer of the best-selling e book Wealthy Dad Poor Dad, Robert Kiyosaki, has repeatedly warned buyers, along with his newest tweet stating, “big crash coming. Melancholy doable” In accordance with the Wealthy Dad Poor Dad writer, this is able to be fuelled by the truth that the feds will print billions in what Kiyosaki calls “faux cash.”

Kiyosaki additional believes that by 2025, Bitcoin will hit $500,000, adopted by $5000 and $500 worth marks for gold and silver, respectively. He defined this is able to be “as a result of religion within the US greenback, faux cash, shall be destroyed,” including that bitcoin is the folks’s cash and gold and silver are “God’s cash.”

The writer issued an identical warning on February 10. Kiyosaki tweeted on Friday that every thing, together with gold, silver, and bitcoin, will plummet, citing that greater than 144,000 people misplaced their jobs within the U.S. IT sector in 2022 and 66,000 extra had been let go in 2023.

He additionally talked about the claimed catastrophic crash on Valentine’s Day, as predicted by Maryland-based Stansberry Analysis. In accordance with Kiyosaki, all asset courses, together with the inventory market, commodities reminiscent of gold and silver, and the bigger cryptocurrency market, will implode.

Nonetheless, he assured his 2.3 million Twitter followers that he would spend “faux” {dollars} to amass extra gold, silver, and bitcoin, referring to them as “actual cash.” The famend writer wrote:

Don’t panic. Excellent news. I’ll purchase extra gold, silver, bitcoin, actual cash with faux $.

Kiyosaki has beforehand defined that Gold, silver, and Bitcoin are “actual cash.” In the meantime, the U.S. greenback is “faux cash” as a result of “somewhat than being tied to actual cash,” which is the case for gold, “it was tied to the ‘full religion and credit score’ of america.”

Moreover, the writer has repeatedly stated he doesn’t think about the Biden administration, the U.S. Treasury, the Federal Reserve, or Wall Avenue.