The famous author of Rich Dad Poor Dad, Robert Kiyosaki, has made a bold new prediction about Bitcoinโs future. In his latest tweet, Kiyosaki shared why he believes the price of BTC could skyrocket to $1 million per coin.
Read on to discover his complete insights.
AI to Shake Up the World Of Money
Kiyosaki referenced his upcoming book Money GPT, which explores how AI chatbots are set to revolutionize the world of finance. According to him, reading the book will give readers a clear advantage in understanding the future of money.
Kiyosaki expressed – โItโs frightening because AI is going to shake up the world of money.โ The finance expert believes that due to the changes AI will likely implement in the financial world, Bitcoin is bound to soar to $500,000 in 2025 and hit the most anticipated $1 million by 2023.
Gold, Silver, and Bitcoin: Kiyosakiโs Investment Strategy
Kiyosaki has long been a proponent of Bitcoin, but he doesnโt stop there. He frequently highlights precious metals like gold and silver in his tweets, considering them risk-off assets poised for significant gains.
Recently, he weighed in on the debate over which is the better investment: Bitcoin or gold. His advice? Invest in both. โBuy some (more) gold, silver, or Bitcoinโฆ before the Fed pivots and drops interest rates,โ Kiyosaki urged his followers, reinforcing his belief in these assets as safe havens in uncertain economic times.
Kiyosaki also warns about the ballooning U.S. national debt, which he sees as another catalyst for Bitcoinโs rise. In a tweet from August, he noted that the national debt grows by an additional $1 trillion every 100 days.
What makes Bitcoin particularly attractive, according to Kiyosaki, is its scarcity. With only 21 million coins ever to be mined, its limited supply could drive up its price as demand continues to grow.
Bitcoin Price Action Analysis
Following the Federal Reserve’s recent 50 basis point rate cutโthe first since 2020โBitcoin surged by 7.6%, climbing from $59,380 to over $64,000. At the time of writing, Bitcoin is trading at $63,126, inching closer to new highs.
With Kiyosakiโs predictions and Bitcoinโs recent price movement, investors are keeping a close eye on the next steps for the worldโs most famous cryptocurrency.
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The future of finance is here, and it’s powered by AI and Bitcoin. Invest wisely!