Bitcoin equivalent of a penny could potentially make you wealthy, according to R. Kiyosaki; Here's the dollar equivalent.
Robert Kiyosaki Reinforces Belief in Bitcoin's Future Wealth Creation
Author Robert Kiyosaki, known for his book 'Rich Dad Poor Dad,' has reiterated his support for Bitcoin (BTC) as a lucrative investment opportunity. In a recent post, he praised Bitcoin as the "simplest path to wealth creation today."
On May 26, Kiyosaki expressed on X (formerly Twitter) that Bitcoin's ease of acquisition and potential growth make it a substantially rewarding asset. He stated, "I cannot believe how easy Bitcoin has made getting rich...so easy. Why everyone is not buying and holding Bitcoin is beyond me."
At press time, with BTC trading at $109,949, 0.01 BTC is equal to $1,099. Despite Bitcoin's volatility, Kiyosaki considers it a nominal concern, likening it to everyday life's fluctuations.
Kiyosaki further elaborated on the scarcity of Bitcoin, stating that only 1-2 million BTC remain to be mined, which might catalyze its worth growth. He also referenced macro investor Raoul Pal's theory of Bitcoin entering the "Banana Zone," referring to a phase of rapid price growth.
In his post on May 21, Kiyosaki vocalized his long-standing criticism of fiat currencies, particularly U.S. bonds. Following Moody's downgrade of the U.S. credit outlook, he compared U.S. Treasuries to "toilet paper." Kiyosaki claimed, "Central banks are dumping U.S. bonds to buy gold, and no one wants to buy more U.S. toilet paper. America is in serious trouble."
Kiyosaki has consistently predicted significant gains for Bitcoin, anticipating the digital currency to reach $500,000 to $1 million over the next several years. This appreciation is attributed to surging inflation, diminishing trust in the U.S. dollar, and growing institutional adoption.
Recently, he revised his 2025 price target for Bitcoin to between $180,000 and $200,000, suggesting further upward potential. As of now, Kiyosaki persists in his bullish stance on Bitcoin, viewing it as a crucial asset for wealth preservation and diversification.
Featured image from Cavaleria Com YouTube
Bitcoin's future as a prime investment opportunity in finance, particularly for wealth creation, has been reinforced by Robert Kiyosaki, who sees it as the "simplest path to wealth creation today" and "easy to get rich" with. He attributes this sentiment to Bitcoin's potential growth, ease of acquisition, and the diminishing supply as it approaches the point where only 1-2 million BTC remain to be mined, potentially catalyzing its worth growth.
