Robert Kiyosaki: "The Bitcoin and Gold Debate is an Illusion"
Renowned investor and author of "Rich Dad Poor Dad," Robert Kiyosaki, has stated that the debate between Bitcoin and gold is merely an illusion. Kiyosaki expressed that discussions between Bitcoin proponents and gold advocates are unnecessary. He pointed out that he has recognized since 1965 how the government misleads people and has gained a deeper understanding of the financial system.
Kiyosaki finds these debates amusing and noted that they exclude him from the high-level discussions among leaders of elite institutions like the U.S. Treasury. He humorously compared these individuals to 'Poor Dad' and defined the academic title "PhD" as "Poor Helpless and Desperate." According to him, engaging in actual investments and saving through dollar-cost averaging can yield greater returns than academic debates.
Kiyosaki argues that investing can increase financial literacy and wealth, asserting that assets like gold, silver, and Bitcoin hold value over the long term. Believing that the government manipulates monetary policies, he explained that his reaction to seeing the copper content in silver coins in 1965 led him to start accumulating gold and silver.
Kiyosaki's solution proposal for the Bitcoin and gold debate indicates that the discussions are an illusion; what truly matters is taking action. He claims that investing and consistently purchasing through the dollar-cost averaging method will bring long-term gains. Kiyosaki emphasizes the importance of investing in real value-holding assets like gold, silver, and Bitcoin to avoid government monetary manipulations.
Observing the addition of copper to real silver coins during his childhood has led Kiyosaki to adopt a more cautious approach towards government monetary policies. Consequently, he has pursued truth and over time built his financial security by accumulating gold and silver reserves. Kiyosaki applies the same strategy to Bitcoin, arguing that digital assets are also a crucial part of this equation.
Regarding his Bitcoin prediction for 2025, Kiyosaki claimed that Bitcoin could reach $500,000 by that year. He bases this assertion on AI-supported projections, stating that Bitcoin's limited supply and increasing demand have the potential to allow it to reach this price target. Considering recent record-breaking points of Bitcoin and market expectations, Kiyosaki's prediction has resonated within the crypto community.
While critics may find this target temporally aggressive, they generally agree that Bitcoin will continue its rise in the long term. Kiyosaki views Bitcoin as a safe haven while also warning investors about market volatility. His projections, paralleling Michael Saylor's $13 million price prediction, suggest that Bitcoin could disrupt the traditional financial system and maintain its value appreciation. Kiyosaki includes Bitcoin alongside gold and silver in his list of safe investment vehicles and encourages his followers to invest in such assets.