Renowned author of “Rich Dad Poor Dad,” Robert Kiyosaki, has recently made some striking predictions about Bitcoin in his latest tweet. He has revealed compelling reasons why he believes that Bitcoin (BTC) could potentially soar to $1 million per coin. In addition, Kiyosaki mentioned his soon-to-be-published book, Money GPT, which delves into how AI chatbots are set to revolutionize the financial world. He urged his followers to read the book for an inside track on the future.
AI To Shake Up The World Of Money
In a tweet dated September 21, 2024, Kiyosaki stated, “MOST IMPORTANT BOOK TODAY: Friend Jim Rickards sent me an Advanced Reader Copy of his soon-to-be-released book MONEY GPT. Please order a copy and study. It’s frightening because AI is going to shake up the world of money. The good news is, Jim Rickard’s prediction means…”
Kiyosaki emphasized, “It’s frightening because AI is going to shake up the world of money.” The finance expert believes that due to the transformative changes AI will likely bring to the financial sector, Bitcoin is poised to soar to $500,000 by 2025 and reach the highly anticipated $1 million mark by 2023.
Interestingly, alongside Bitcoin, Kiyosaki also frequently mentions precious metals such as gold and silver in his tweets. He considers these to be risk-off assets and expects them to skyrocket in value in the near future.
Bitcoin Or Gold?
Recently, Kiyosaki addressed the ongoing debate over which could be a better investment: Bitcoin or Gold. He expressed a preference for investing in both physical gold and Bitcoin. He advised his followers to “Buy some (more) gold, silver, or Bitcoin…before the Fed pivots and drops interest rates.”
Additionally, Kiyosaki highlighted the fast-growing national debt of the USA as another factor that could drive Bitcoin’s price higher. In an August tweet, he noted that the national debt increases by an additional $1 trillion every 100 days. Given Bitcoin’s programmed scarcity, with its supply strictly limited to 21 million coins, Kiyosaki sees it as a strong hedge against such economic issues.
The Federal Reserve’s rate cut of 50 basis points for the first time since 2020 triggered a 7.6% rise in Bitcoin’s value, pushing it from $59,380 to above the $64,000 level. At the time of writing, Bitcoin is trading at $63,126.
