The author of Rich Dad, Poor Dad, Robert Kiyosaki, has urged investors to buy Bitcoin now, saying that crypto will hit $350k by 2025. Kiyosaki has urged that, given Bitcoin’s democratic nature, people should buy even 1/2 a satoshi to benefit when the price hits the sky.
Robert Kiyosaki co-authored Rich Dad, Poor Dad with Sharon Lechter, a book that propelled him to popularity. The book sold more than 32 million copies and was translated into 51 languages. The book’s highlight is that it stayed on the New York Times Best Seller list for over six years.
Kiyosaki always encourages people to invest in digital assets, including Bitcoin, stating that fiat money, the US government, and the dollar are unreliable. The renowned author encourages people to buy Bitcoin even in small units. He has always held that its inclusive design is meant to help people build wealth. Kiyosaki has called on people to act swiftly before 2025.
A “sat” (short for satoshi) is the smallest unit of Bitcoin. Named after Bitcoin’s pseudonymous creator, Satoshi Nakamoto, one satoshi equals 0.00000001 BTC or one hundred-millionth of a single Bitcoin.
Rich Dad, Poor Dad author hails Trump as the ‘first Bitcoin president
Kiyosaki believes that the current political environment favors Bitcoin and will see it maintain a bullish run. In his X post, he praised the US President-elect, Donald Trump, as “the first Bitcoin President,” claiming that Bitcoin will hit $350k.
The US president-elect, Trump, has made moves that are encouraging to crypto lovers. He has outrightly advocated for blockchain technology, saying that it is the future and that people should embrace it. Additionally, his recent choice of appointment to the US Securities and Exchange Commission (SEC) has renewed optimism in the crypto community.
Robert Kiyosaki warns baby boomers of looming economic crash
While intensifying his campaigns for crypto, the famous author has predicted the biggest economic crash that may affect all baby boomers. In his X post, Kiyosaki shared his concern, underscoring the tricky position of baby boomers.
He mentioned that boomers risk losing their retirement benefits as they solely rely on conventional retirement assets such as stocks, bonds, and homes. He said that when the stock market bursts, boomers are going to lose a lot.
Robert Kiyosaki has urged young people to help their parents evaluate their investments before the economic crash. He said the only way to be safe is to invest in Gold, Crypto, or Silver.
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