Robert Kiyosaki: Bitcoin (BTC), "people's money", will reach $500,000 in 2025

Several analysts and senior state officials are not sparing the advent of a recession for this year 2023. Even Janet Yellen, the United States Treasury Secretary, does not minimize the risk of a bleak future for the economy of his country. Building on the success of his advice in Finance, compiled in his bestseller ” rich dad poor dad Robert Kiyosaki has also joined the ranks of preachers. For him, a giant crash is to be feared in the near future.

Rich Dad Poor Dad author expects the worst

In May 2022, as the cryptocurrency market began to sink following the Terra scandal, Robert Kiyosaki offered to invest in bitcoin. For him, when the times are bad ”, the purchase of BTC becomes a wise choice.

Times are tough, says Kiyosaki

A giant crash is brewing. A possibility of depression. The Fed is forced to print billions of dollars in counterfeit money. By 2025, gold will be at $5,000, silver at $500, and bitcoin at $500,000. For what ? Because faith in the US dollar, counterfeit money, will be destroyed. Gold and silver are the money of the gods. Bitcoin: the people’s money. Take care. »

According to The Daily Hodlthe author of Rich Father Poor Father expects a wave of layoffs to occur at GAFAM.

Silicon Valley’s First Dominions [vont] happen, laying off 144,000 people in 2022, 66,000 more in 2023 “.

Also, Kiyosaki predicted the coming of a major market crash this month. Almost all assets will be affected: gold, cryptocurrencies, the dollar, etc.

This will push the FED, author of about 5 increases in its key rate, to print again and again billions of dollars. On the one hand, this decision will ensure, first of all, to support the markets. But on the other, it will only increase the nation’s debt, and wipe out the dollar.

2025 bitcoin, silver and gold will triumph over the dollar

According to Robert Kiyosaki, this bad patch will be overcome within two years. Details:

  • gold which is currently worth $1,875 will reach $5,000;
  • silver, exchanged at $27,970, will then be worth $500;
  • and bitcoin nearing $22 will experience an ATH of $500,000.

Blockstream CEO Adam Back predicts bitcoin will reach $10 million in value within 10 years.

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