"It seems impossible that BTC will reach $500K before 2025 but nothing is impossible."
In addition to praising the performance of Bitcoin (BTC), Robert Kiyosaki said that he will buy more of the digital asset following his distrust of the Federal Reserve (Fed) and the President of the United States (US) Joe Biden.
Kiyosaki who is the author of the book "Rich Dad Poor Dad" not only predicts that BTC, gold and silver have the potential to climb high in the future but also intends to increase his holdings in gold including the digital asset.
This is because several leading individuals recently said that the actions of the US central bank are one of the reasons why the US financial market is experiencing a downturn and inflation is soaring.
According to Robert F. Kennedy Jr, the nephew of former President John F Kennedy, he also thinks that crypto like BTC can provide various benefits to an individual when the country is in a state of decline.
He added that the Fed in 2008 to 2022 had collaborated with several leading banks to print large amounts of money while President Biden aggressively acted to stop the operations of crypto companies.
It is well known that local regulators shut down the operations of Silicon Valley Bank (SVB), Silvergate Capital and Signature Bank which were found to be related to crypto.
That streak, Kiyosaki who predicted a financial crisis like 2008 has advised many individuals to avoid fiat currencies and focus more on BTC and precious metals.
He is very confident that the price of BTC will reach $500,000 by 2025 while gold will be $5,000 per ounce if its use increases.
