Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, said a bold statement about the future of Bitcoin. He is known for his advocacy of alternative financial assets like gold, silver, and Bitcoin.
Kiyosaki recently took to Twitter to share his latest outlook on the economy, warning that those who continue to save traditional fiat currencies like the U.S. dollar, euro, and yen will only find themselves further behind in the coming years.
Kiyosaki Says People Who Saved Gold, Silver & Bitcoin Will Get Richer
Kiyosaki is predicting a financial divide in the near future, the rich will get richer, and the poor will fall even further behind. His belief centers around the idea that those who hold hard assets like gold, silver, and Bitcoin will benefit as fiat currencies lose value. “The people who save Gold, Silver, and Bitcoin will be richer,” he said, adding that “savers are losers…because cash is trash.”Â
According to Kiyosaki, the shift toward cryptocurrencies, particularly Bitcoin, is inevitable, and those who don’t position themselves now will miss the boat once Bitcoin crosses the $100,000 threshold.
Bitcoin’s Price Actions
Bitcoin is currently trading at around $96,291.58, up more than 30% in the past month alone. As Bitcoin inches closer to its next major milestone, Kiyosaki’s warnings are becoming more urgent. “Once Bitcoin breaks $100,000, it will be almost impossible for the poor and middle class to catch up,” he said.
Kiyosaki believes that, as Bitcoin’s price continues to rise, it will become a financial asset that is primarily accessible to ultra-rich entities like corporations, banks, and sovereign wealth funds. This, he argues, will make it increasingly difficult for the average person to accumulate significant amounts of Bitcoin.
Kiyosaki’s comments align with a broader belief that traditional financial systems are on the verge of collapse, and cryptocurrencies like Bitcoin will emerge as the new store of value. In a previous statement, he supported the prediction that Bitcoin could reach $500,000 by 2025, a forecast made by AI tools.
Kiyosaki is not the only one bullish on Bitcoin’s future, he’s also expressed admiration for figures like Michael Saylor, the CEO of MicroStrategy, who has been an outspoken Bitcoin advocate and has invested billions of dollars into the cryptocurrency. Kiyosaki praised Saylor’s decision to use his company’s treasury and credit facilities to make substantial Bitcoin investments.
Bitcoin’s recent price surge and Kiyosaki’s commentary highlight a growing sentiment among cryptocurrency advocates that the digital currency is not just a speculative investment but a way to hedge against inflation and a declining dollar.
Kiyosaki’s warning about the disparity between the wealthy and the general public comes as Bitcoin continues to rise in value, making it clear that he sees cryptocurrency as a critical asset in the coming financial landscape. As Bitcoin approaches $100,000 and beyond, Kiyosaki’s message is clear, get in while you can, or risk being left behind.