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Rich Dad Poor Dad author Robert Kiyosaki calls bitcoin’s $100K milestone a game-changer, warning it could become inaccessible for many while predicting its rise to $1 million.
Robert Kiyosaki Discusses Bitcoin’s $100K Milestone
Renowned author and financial educator Robert Kiyosaki has highlighted bitcoin’s $100,000 milestone as a significant moment in his investment strategy with broader economic implications. Kiyosaki, co-author of Rich Dad Poor Dad with Sharon Lechter, has seen the book sell over 32 million copies, translated into 51 languages, and remain on the New York Times Best Seller list for over six years.
For Kiyosaki, this BTC price point is not merely a cause for celebration but a threshold with significant implications for his strategy and for the financial accessibility of the middle class. He shared on social media platform X last week:
Yay: bitcoin breaks $100,000. Congratulations everyone.
However, he recently warned that $100,000 is the point at which many in the middle class will find it increasingly difficult to afford BTC. Last month, Kiyosaki declared: “I will keep buying more bitcoin till it passes $100,000. Then I will stop. Not a time to get greedy.” This declaration underscores his strategy to amass holdings before bitcoin becomes financially inaccessible to the average investor. Prior to BTC hitting $100K, the acclaimed author revealed plans to hold 100 BTC regardless of price fluctuations, noting he currently owns 73 coins.
Kiyosaki frequently shared his bitcoin price predictions, which have been bold and far-reaching. He foresees the cryptocurrency reaching $500,000 by 2025 and $1 million by 2030, highlighting its increasing adoption and resilience in turbulent markets. While celebrating bitcoin’s rise, Kiyosaki has also cautioned investors about possible short-term drops. He also believes in Michael Saylor’s $13 million BTC forecast.
Moreover, the famous author has warned of a global shift away from the U.S. dollar, citing the BRICS economic bloc’s growing use of local currencies as evidence of reduced reliance on Western currencies. He offers strategies for navigating inflation and economic volatility, emphasizing diversification into assets like gold, silver, and bitcoin. His advocacy for bitcoin stems from its decentralized nature, limited supply, and resistance to government manipulation, which he contrasts with fiat currencies he dismisses as “fake money.” Despite market fluctuations, Kiyosaki urges investors to view bitcoin as a long-term asset with the potential for significant gains in an increasingly unstable global economy.