Best-selling author Robert Kiyosaki predicts wealth from Bitcoin holdings
Robert Kiyosaki, the renowned finance author of “Rich Dad Poor Dad,” believes that his Bitcoin (BTC) holdings will bring him substantial wealth in the future. In an interview with Kitco News, Kiyosaki expresses confidence that his 66 BTC will make him a fortune as retirement funds flow into Bitcoin exchange-traded funds (ETFs), which recently gained approval from the SEC.
Kiyosaki dismisses price predictions and emphasizes the importance of actual coin ownership. He expects increased demand for Bitcoin as retirement money enters the market, while the supply remains fixed at 21 million coins. Despite this optimism, Kiyosaki admits he would not invest in Bitcoin ETFs due to his distrust of assets that can be “printed.” Instead, he prefers gold, silver, and BTC.
Bitcoin’s current trading price
At the time of writing, Bitcoin is trading at $43,457, experiencing a slight decrease in value over the past 24 hours.
Hot Take: Robert Kiyosaki’s Confidence in Bitcoin Wealth
Renowned finance author Robert Kiyosaki is optimistic about his Bitcoin holdings, expecting them to generate substantial wealth. While he acknowledges owning only 66 BTC, he believes that retirement funds flowing into Bitcoin ETFs will drive up demand and prices. However, Kiyosaki remains skeptical of investing in Bitcoin ETFs due to his preference for hard assets like gold, silver, and BTC. This perspective reflects his caution towards assets that can be artificially created or manipulated. With Bitcoin currently trading at $43,457, it remains to be seen how Kiyosaki’s prediction unfolds.
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