Author of “Rich Dad, Poor Dad,” Robert Kiyosaki, recently declared that Bitcoin will reach $350,000 by August 25th. His confidence stems from his dissatisfaction with the current leadership of the US government, specifically calling out Biden, Yellen, and Powell. Therefore, he urges investors to invest in assets such as Bitcoin, Ethereum, and Solana to protect themselves from the influence of an incompetent government.
Bestselling author of financial literacy book “Rich Dad, Poor Dad,” Robert Kiyosaki, has long criticized the rapid growth of US national debt, warning that it will lead to malignant inflation of the US dollar, ultimately rendering the dollar as worthless as “toilet paper.” He has repeatedly advised investors to shift towards safer assets like gold, silver, and Bitcoin.
In his latest statement, Kiyosaki predicted that Bitcoin will reach $350,000 by August 25th, which is nearly five times the current price of around $71,000. He emphasized that his optimism towards Bitcoin is not just wishful thinking but is based on his discontent with the current political leadership in the US, particularly the Biden administration.
Kiyosaki, a well-known Bitcoin advocate, has been vocal in his criticism of the current US government. He has previously expressed support for former President Trump and has been critical of the Biden administration. Last year, Kiyosaki urged the public not to vote for Biden in the elections.