Businessman and best selling author of the book Rich Dad, Poor Dad, Robert Kiyosaki takes to Twitter once again to proclaim his bullish position on Bitcoin:
BTC’s price is heading to $75,000 in three years.
On May 16, Kiyosaki tweeted:
ECONOMY dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading. Bought more gold silver Bitcoin. GOLD @$1700. Predict $3000 in 1 year. Silver @ $17. Predict $40 in 5 years. Bitcoin @$9800. Predict $75000 in 3 years. PRAY for the BEST-PREPARE for the WORST. — therealkiyosaki (@theRealKiyosaki) May 16, 2020
Kiyosaki states that his fear of a dying economy has led him to purchase more of three assets that he ostensibly considers valuable outside of the traditional financial system:
The author’s tweets on how valuable he thinks each asset will be in the coming years:
“Bought more gold silver Bitcoin. GOLD [currently] at $1700. Predict $3000 in 1 year. Silver [currently] at $17. Predict $40 in 5 years. Bitcoin [currently] at $9800. Predict $75000 in 3 years.”
By the numbers, the prediction reflects an expected yearly increase of approximately:
76% for Gold
19% for Silver
97% for Bitcoin
By Kiyosaki’s reckoning, Bitcoin has the most favorable profit potential out of the three.
In an April appearance on Anthony Pompliano’s podcast, Kiyosaki praised Bitcoin, saying:
“The reason I endorse Bitcoin is just for one frickin reason — you’re not part of the system.”
Noting also that “gold and silver are God’s money, and Bitcoin is open-source people’s money.”