Kevin Helms
A student of Austrian economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the intersection of economics and cryptography.
Robert Kiyosaki Predicts Bitcoin To Reach $500,000 By 2025 And Gold To Rise To $5,000 – Markets & Prices Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of bitcoin will reach $500,000 by 2025. During the same time period, he expects the price of gold to reach $5,000 and silver to $500. Kiyosaki also warned that a “gigantic crash” is coming and a depression is possible.
Robert Kiyosaki’s latest predictions for bitcoin, gold, silver
The author of Rich Dad Poor Dad, Robert Kiyosaki, has shared his latest predictions about 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 bestseller list for over six years. More than 32 million copies of the book have been sold in over 51 languages in more than 109 countries.
Kiyosaki tweeted on Sunday:
Huge 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 the faith in the American dollar, fake money, will be destroyed. Gold silver [are] God’s money. Bitcoin [is] people’s $. Take care,” the famous author added. Kiyosaki has previously explained that gold, silver and BTC are real money, while the US dollar is fake money.
In January he said we are in a global recession and warned of soaring bankruptcies, unemployment and homelessness. The renowned author predicted that gold will rise to $3,800 while silver will rise to $75 this year. He said last December that owners of gold, silver and bitcoin will be richer when the Federal Reserve swings and prints trillions of dollars. At the time of writing, bitcoin is trading at $22.042 while gold’s spot price is $1.869 per ounce and silver is $22.23 per ounce.
Kiyosaki is not the only one optimistic about the price of bitcoin. Crypto-focused investment firm Pantera Capital recently said that we are in the next bull market cycle. Investment management firm Ark Invest expects bitcoin to become a multi-trillion dollar market, predicting that BTC could reach $1.48 million per coin.
However, Kiyosaki warned last week that “everything will crash” but advised investors not to panic. He added that he plans to buy more gold, silver and bitcoin. The famous author previously said that he is a bitcoin investor, not a trader, so he gets excited when BTC hits a new low.
What do you think of the predictions and warnings of Rich Dad Poor Dad author Robert Kiyosaki? Let us know in the comments section below.
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