Rich Dad Poor Dad Author Can't Believe People Aren’t Buying Bitcoin
David ClarkeBitcoin's Surge Sparks Renewed Calls for Investment
Robert Kiyosaki, author of the bestselling book "Rich Dad Poor Dad," has doubled down on his Bitcoin advocacy. In a recent social media post, he stated: "Why everyone is not buying and holding Bitcoin is beyond me. Even .01 of a Bitcoin is going to be priceless in two years... and maybe make you very rich."
Market Recovery and Political Influences
Kiyosaki's comments coincided with Bitcoin's rebound to approximately $109,600 after a brief market dip caused by U.S.-EU trade tensions. The cryptocurrency market stabilized after President Trump postponed proposed tariffs on European goods, providing relief to investors.
Kiyosaki's Bold Bitcoin Predictions
The financial educator has consistently made bullish Bitcoin forecasts, including:
- $300,000 price target by late 2024
- $350,000 projection by end of 2025
He frequently advises followers to diversify into "real gold, silver, and Bitcoin" as protection against potential U.S. dollar instability.
Institutional Adoption Continues
MicroStrategy recently expanded its Bitcoin holdings by $764 million, bringing its total to 576,000 BTC worth approximately $64 billion. Kiyosaki joins other prominent Bitcoin advocates like Raoul Pal and Michael Saylor in championing cryptocurrency adoption.
Analysts Urge Caution
While optimistic about Bitcoin's long-term potential, some experts warn of potential volatility:
- Arthur Azizov of B2 Ventures predicts $130,000 by late 2024/early 2025
- Also warns of possible correction to $50,000-$60,000 range
As cryptocurrency markets evolve, investors must carefully consider both the opportunities and risks presented by this emerging asset class.
