RE: Robert “Rich Dad” Kiyosaki – $75,000 Bitcoin Possible as Economy Is “Dying”
The Rich Dad Poor Dad author is very bullish on Bitcoin and has seen the light – he is predicting we should see Bitcoin hit $75000 within the next 3 years
“Rich Dad Poor Dad” Author Says $75,000 Bitcoin Possible as Economy Is “Dying”
“The reason why he’s so bullish on Bitcoin and precious metals is that he thinks the actions by the world’s governments and central banks are propping up a system of ‘fake money’ poised to collapse. The ‘Rich Dad Poor Dad’ author specifically cited the lack of interest rates, along with the quantitative easing programs by central banks, as a way to corroborate his point.
Kiyosaki believes that as a result of these macroeconomic trends, investors will flock to store of values and noncorrelated assets to secure their wealth in the long run. And to him, the assets that can provide such security are precious metals and Bitcoin.
As the outspoken entrepreneur fittingly put it in April, Bitcoin is the ‘people’s money,’ ‘gold is ‘god’s money,’ and fiat is ‘fake money.’”