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US businessman and best-selling writer Robert Kiyosaki continues to see huge potential in Bitcoin regardless of the present worth hunch. In a tweet from at the moment, he predicts that the BTC worth will attain $100,000. However, he doesn’t reveal a time-frame for this.

In the tweet, Kiyosaki shared his love for Bitcoin, citing its independence from governments, monetary establishments and central banks as one of many primary causes for his prediction. According to the writer of the best-selling ebook “Rich Dad, Poor Dad,” this characteristic makes BTC a safer funding than conventional property like shares and bonds. He tweeted:

I believed BTC completed. Slowly watched BTC climb to $6 ok & I purchased tons. WHY? Because folks assist BTC not FED or Gov. BTC didn’t want FED or Gov bailout as a result of BTC folks’s cash. BTC to $100k. Long stay BTC.

If Bitcoin have been to achieve this worth, BTC’s market cap could be roughly $1.935 trillion. This would nonetheless go away Bitcoin’s market cap seven occasions decrease than gold’s ($13.19 trillion) at present values.

Kiyosaki Advises Bitcoin As Well As Gold, Silver

In addition, the writer additionally usually recommends shopping for gold and silver in his tweets. He justifies this funding recommendation with an anticipated rise within the worth of treasured metals. Remarkably, the writer isn’t alone in doing so.

But his choice for Bitcoin has different causes. In a tweet on Tuesday, Kiyosaki wrote that the BTC worth will proceed to rise regardless of a 100% improve in a yr. “I’m betting on it,” defined the writer, who additionally revealed that he has been shopping for extra gold and silver along with Bitcoin. “Why? Because the Fed, Treasury and Biden are liars,” Kiyosaki stated.

In mid-March, he elaborated on that assertion in additional element. The wealthy dad defined that Federal Reserve Chairman Jerome Powell has been fooling everybody. According to him, this may lead to an enormous scale crash in conventional markets:

FED’s Powell F’ed everybody. Raising rates of interest will crash shares, bonds, actual property, & $ US greenback. NEXT CRASH: $ 1 quadrillion derivatives market. $ 1 quadrillion is $1 thousand trillion. God have mercy on our world. Klaus Schwab owns Powell, Yellin, & Biden’s souls.

Robert Kiyosaki Invests In Bitcoin Since 2020

Digging via the multi-millionaire’s Twitter feed, one can discover Kiyosaki’s enthusiasm for Bitcoin is courting again to 2020. On the primary of April 2020, certainly one of his first tweets surfaced during which Kiyosaki really helpful shopping for Bitcoin along with gold.

In mid-May 2020, he introduced that he had made additional investments in gold and silver. In addition, he proclaimed for the primary time publicly that he had additionally invested in BTC. By his personal account, he purchased BTC at a worth of $9,800. However, it’s unclear whether or not this was Kiyosaki’s first Bitcoin funding or whether or not it was a re-buy.

At press time, BTC was nonetheless struggling to carry above $28,000.

Featured picture from 5ROI Global Info, chart from TradingView.com