Robert Kiyosaki, renowned author of "Rich Dad Poor Dad," has announced a significant shift in his investment strategy, pivoting from silver and gold to Bitcoin (BTC). Speaking to his 3.5 million YouTube subscribers, Kiyosaki shared his decision to embrace Bitcoin for its greater potential returns compared to traditional precious metals.
Kiyosaki believes Bitcoin could reach substantial valuations by 2025, predicting a possible increase to $250,000 per coin. Currently, Bitcoin is trading at $105,114.
He attributes the rise in Bitcoin's appeal to the extensive U.S. national debt, which now amounts to approximately $36.2 trillion. Kiyosaki points out that this economic burden heightens Bitcoin's attractiveness as an investment.
He explains that while he previously invested in silver and gold, the persistent increase in national debt and currency printing—reported as $1 trillion every 90 days—has prompted a re-evaluation. Kiyosaki mentioned his perceived lack of discourse on the debt issue even among political allies, such as former President Trump.
Consequently, he's repositioning his asset base to align with what he describes as a monumental economic transition from "fake money" to digital currencies like Bitcoin.
For Kiyosaki, this marks a substantial shift, one he characterizes as the "biggest change in world history," emphasizing his commitment to digital money.