Robert Kiyosaki Says He Likes Bitcoin — Calls BTC ‘People’s Money’

The well-known creator of the best-selling ebook Rich Dad Poor Dad, Robert Kiyosaki, says he likes bitcoin, calling the cryptocurrency “folks’s cash.” While admitting that he doesn’t know a lot about bitcoin, he stated: “I’m simply glad I purchased it at six.”

Robert Kiyosaki Says Bitcoin Is ‘People’s Money’

The creator of Rich Dad Poor Dad, Robert Kiyosaki, talked about bitcoin whereas discussing “Why money is trash in 2023” throughout his Rich Dad Radio Show podcast printed on Wednesday. Rich Dad Poor Dad is a 1997 ebook 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 ebook have been offered in over 51 languages throughout greater than 109 international locations.

During the podcast, Kiyosaki known as gold, silver, and bitcoin “the most well liked topic available on the market at present,” noting that actual property is now not a scorching subject. Emphasizing that the U.S. greenback is “fake money,” the well-known creator stated:

I like Bitcoin. I name it folks’s cash. Now I don’t know a lot about Bitcoin, however I’m simply glad I purchased it at six. That’s all I do know proper now.

Kiyosaki beforehand stated he purchased bitcoin at $9K. “I purchased bitcoin at $9,000 and I assumed I used to be being fleeced however the cause I purchased it at $9,000 was as a result of Covid shut down the world economic system,” he instructed Kitco News in April 2021. “I believe it’s going to $1.2 million in 5 extra years,” he predicted on the time.

The Rich Dad Poor Dad creator not too long ago stated that he’s buying more BTC. Last 12 months, he defined why he invests in bitcoin, noting that he’s an investor, not a dealer, so he will get excited when the worth of bitcoin hits a brand new low.

Kiyosaki has been recommending bitcoin alongside gold and silver for fairly a while. Last week, he mentioned why the three investments are rising higher.

He expects bitcoin buyers to get richer when the Federal Reserve pivots and prints trillions of {dollars}. In September final 12 months, he urged buyers to get into crypto now earlier than the most important financial crash in world historical past occurs. However, he additionally warned that the U.S. Securities and Exchange Commission (SEC) will crush most cryptocurrencies.

Meanwhile, the famend creator stated that “we are in global recession,” warning of hovering bankruptcies, unemployment, and homelessness.

What do you concentrate on Robert Kiyosaki saying he likes bitcoin and calling the cryptocurrency “folks’s cash”? Let us know within the feedback part under.