Author of the book "Rich Dad, Poor Dad" Robert Kiyosaki urged investors to buy Bitcoin now, stating that by 2025 the leading kriptovalyuta will cost $350,000.
Kiyosaki believes that given the “democratic nature of Bitcoin,” even a small investment in the coin is enough to benefit when the asset’s price skyrockets.
One of the key reasons for Kiyosaki’s optimism about the flagship cryptocurrency is the current political environment, which is favorable to digital assets and will contribute to their growth. On his social media, he praised the elected US President Donald Trump as the “first president of Bitcoin,” claiming that it is thanks to his decisions that the BTC rate will reach $350,000 next year.
Trump has already taken steps that have added to the optimism of the crypto community. He has openly come out in support of Blockchain technology, saying that it is the future and that people should use it. In addition, his recent appointment of Paul Atkinson as head of the US Securities and Exchange Commission (SEC) has further encouraged investors.
Kiyosaki also warned baby boomers, people born between 1946 and 1964, of an impending economic crash that would crash the stock market and wipe out their savings. The writer urged young people to help their parents learn how to invest in cryptocurrency and gold.