Robert Kiyosaki: BTC Will Reach $1M If Global Economic Collapses
Robert Kiyosaki, the author of the bestselling book Rich Dad Poor Dad and entrepreneur, has repeatedly urged investors to opt for alternative investment options as he predicted that, in the event of a global economic collapse, the price of BTC would reach $1 million.
In September 2022 he called it the “greatest crash in history”, and in October he recommended buying the first cryptocurrency and other digital assets in the face of a rising Fed rate.
Furthermore, Kiyosaki predicted Bitcoin to rise to $500,000 by 2025, and in March of the following year he called for the acquisition of digital gold and precious metals in advance of a “crash landing” due to US bank issues.
Throughout April and May, he continued to advise buying these assets. He also referred to gold and silver as “God’s money” and bitcoin as “the people’s dollar” given the high US debt.