Although Robert Kiyosaki described the cryptocurrency as “collapsed,” he revealed on Saturday that he had purchased another complete set of cryptocurrencies. Bitcoin He purchased the digital asset for $67,000 and said he viewed the digital asset as a shield against U.S. dollar weakness and a bet on its limited supply.
In a post on X, Kiyosaki stated that his recent Bitcoin purchase was related to two main factors. First, he argued that debt-driven dollar depreciation could lead to massive money printing. Secondly, he noted that the Bitcoin network is getting closer to mining the “21 millionth Bitcoin.”
In the same article, he criticized the Federal Reserve, calling it a “Marxist Fed” and describing potential future currency creation as “fake dollars.”
Despite wild market swings, Kiyosaki says he continues to buy both stocks Bitcoin With Ethereum, his decisions are not based on daily price changes.
Kiyosaki has long expressed distrust of institutions such as the Federal Reserve and the U.S. Treasury Department. He believes the people running these systems misunderstand money and economics.
In addition to digital assets, he also invests in physical gold and silver. He views precious metals as traditional forms of money and positions Bitcoin as a digital alternative to these long-term stores of value.
Last year, he predicted that Bitcoin could reach $250,000 by 2026. He also set a price target of $27,000 for gold and $100 for silver, indicating his belief that these assets will increase in value amid economic uncertainty.
Kiyosaki said in earlier comments that he believed Bitcoin could reach $1 million within the next few years to ten years. He tied the forecast to rising U.S. Treasuries and his belief that the dollar is losing purchasing power.
In Saturday’s post, he also said that Bitcoin will outperform gold once it reaches the 21 million coin cap, again citing its fixed supply as the key reason.
“When the 21 millionth Bitcoin is mined…Bitcoin becomes better than gold,” he wrote.
Kiyosaki believes that the fixed limit of 21 million Bitcoins is the main reason for its long-term value. He believes this inherent scarcity may make Bitcoin more attractive than traditional safe-haven assets.
His investment approach focuses on owning assets that are in limited supply. In addition to Bitcoin and Ethereum, he also holds physical gold and silver. At the center of his strategy is a major concern: rising U.S. debt and concerns about the way the country’s financial system is managed.
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