Robert Kiyosaki, author of “Rich Dad Poor Dad,” has made significant statements regarding the rising value of Bitcoin 
$96,908. In his latest post, he suggested that the Bitcoin price nearing $100,000 could trigger positive effects of FOMO (Fear of Missing Out) for investors. Kiyosaki is a strong advocate for alternative assets like gold, silver, and Bitcoin, warning that those who hold traditional fiat currencies might miss out on their advantages.
Kiyosaki Expects Bitcoin to Surpass 100,000 Dollars
Kiyosaki emphasized in a recent post that it is inevitable for Bitcoin to exceed $100,000. He noted that reaching this price point would make it challenging for the middle class to invest significant amounts. According to Kiyosaki, those holding traditional fiat currencies like the dollar, euro, and yen would be disadvantaged if Bitcoin becomes accessible only to extremely wealthy investors.
Continuing his criticism of fiat currencies, Kiyosaki argued that cash savings or holding fiat currency will lose value due to inflation. He highlighted the importance of shifting towards assets like Bitcoin, stating that the purchasing power of traditional currencies will erode due to government policies and inflation.
Kiyosaki Praises Michael Saylor’s Strategy
Kiyosaki praised Michael Saylor, founder of MicroStrategy, for using the company’s treasury to purchase Bitcoin. He described Saylor as a “genius” for his strategy of buying billions of dollars in Bitcoin to strengthen the company’s balance sheet. Kiyosaki noted that Saylor’s approach has bolstered confidence in Bitcoin.
Currently, Bitcoin is trading around $96,400 after dipping below $91,000 earlier this week. The cryptocurrency displays strong resistance, supporting analysts’ predictions that Bitcoin will soon reach the $100,000 mark.
Kiyosaki’s insights offer crucial warnings for those considering investing in Bitcoin. The declining trust in traditional currencies and the importance of turning to alternative assets are factors that investors need to consider.
If Bitcoin reaches the $100,000 level, its value is expected to increase further. Investors can shape their strategies by considering market dynamics and forecasts from experts like Kiyosaki.
