During the podcast, Kiyosaki called gold, silver, and bitcoin “the hottest subject on the market today,” noting that real estate is no longer a hot topic. Emphasizing that the U.S. dollar is “fake money,” the famous author said:I like Bitcoin. I call it people’s money.
Kiyosaki previously said he bought bitcoin at $9K. “I bought bitcoin at $9,000 and I thought I was being fleeced but the reason I bought it at $9,000 was because Covid shut down the world economy,” he told Kitco News in April 2021. “I think it’s going to $1.2 million in five more years,” he predicted at the time.
The Rich Dad Poor Dad author recently said that he is buying more BTC. Last year, he explained why he invests in bitcoin, noting that he’s an investor, not a trader, so he gets excited when the price of bitcoin hits a new low.
Kiyosaki has been recommending bitcoin alongside gold and silver for quite some time. Last week, he discussed why the three investments are rising higher.
He expects bitcoin investors to get richer when the Federal Reserve pivots and prints trillions of dollars. In September last year, he urged investors to get into crypto now before the biggest economic crash in world history happens. However, he also warned that the U.S. Securities and Exchange Commission (SEC) will crush most cryptocurrencies.
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