Kiyosaki Predicts Bitcoin Hitting $500k By 2025• February 16, 2023 4:43 pm • Comments
It looks like Kiyosaki, a well known pro-crypto investor, has made another bullish claim regarding the price of Bitcoin.
He predicts that the price of Bitcoin will hit $500k by around the year 2025 which is quite the optimistic scenario given that 2025 is only 2 years away.
This would mean that the price of the asset would more than 10x in just a short span of time and would have to mean that the market would have to enter a bull market very soon.
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At the same time, the investor also predicts that there will be a large scale macroeconomic crash which may cause investors to move a lot of their capital to safe havens.
Among these safe havens, it seems like Bitcoin could be a part of that diversification portfolio as many are starting to see it as a digital version of gold.
— SHIB Bezos (@BezosCrypto) February 13, 2023
The author of Rich Dad Poor Dad, Robert Kiyosaki, has shared his latest predictions on bitcoin, gold, and silver. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
Kiyosaki tweeted Sunday:
Giant crash coming. Depression possible. Fed forced to print billions in fake money. By 2025 gold at $5,000, silver at $500, and bitcoin at $500,000.
“Why? Because faith in U.S. dollar, fake money, will be destroyed. Gold & silver [are] God’s money. Bitcoin [is] people’s $. Take care,” the famous author added. Kiyosaki previously explained that gold, silver, and BTC are real money whereas the U.S. dollar is fake money.
The notion that the Federal Reserve will continue to print money has caused many investors to have concerns about inflation in the past.
After all, increasing the supply of a fiat currency means that the value of it will go down so many will likely not want to store all of their assets in USD.
Therefore, other commodities such as gold, silver, and Bitcoin has seen new influxes in capital over the past several years for good reason.
Besides the comments from Kiyosaki, there have also been multiple large financial asset firms that have also made the same prediction.
For example, Pantera Capital had recently shared that they believe that Bitcoin’s next bull run cycle has already started, but it is unclear if the broader market has truly reflected that change in sentiment yet.
— Bitcoin News (@BTCTN) February 15, 2023
Notably, the best-selling author and entrepreneur, who is a known critic of the fiat currency system in the U.S. and the world, had previously warned that the world was already in a recession, voicing the expectations of a rough landing.
He had earlier also reiterated that investors should avoid paper money and instead focus on accumulating precious metals like gold, which he expected to rally in the coming months due to the accumulation by central banks, predicting that the stock market would likely crash further.
As for the flagship decentralized finance (DeFi) asset, Kiyosaki labeled it one of the three “hottest subjects on earth” alongside silver and gold, referring to Bitcoin as “people’s money,” and attributing its bullish rally in January to the increasing demand for alternative investment products.
Robert Kiyosaki bullish as Crypto Whales are Increasing Their Holdings in These Altcoins – As Robert Kiyosaki suggest Bitcoin may skyrocket to $500,000 by 2025, what cryptos are whales buying? #Currency https://t.co/pVrfLOG6Ji
— Melissa Micallef (@MelissaMicalle6) February 14, 2023
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