- Robert Kiyosaki preaches the gospel of Bitcoin again.
- He says gold, silver, and BTC investments are the only safe options.
- BTC whale buys 500 Bitcoin worth $51,500,000 on Binance.
The price of Bitcoin is set to soar to new ATH prices in the coming month ahead. So far, several bullish analysts have set several bull target prices for BTC to hit, starting from $116,000, the next bull pump target, to much higher targets up to $250,000. The latter prediction comes from Robert Kiyosaki who believes BTC price can go even higher this bull cycle. Once again, Robert Kiyosaki preaches the gospel of Bitcoin.
Robert Kiyosaki Preaches the Gospel of Bitcoin Again
Alongside Michael Saylor, Robert Kiyosaki, the author of Rich Dad, Poor Dad , and an economics expert, has been preaching the gospel of Bitcoin time and again. To specify, Kiyasaki believes that the time of traditional banking has come to an end and will collapse soon. He believes this because, for year,s traditional banks have duped their customers due to a lack of decentralization and transparency.
Now, thanks to blockchain technology and Bitcoin (BTC), financial matters can be tracked by anyone on an immutable, fair, transparent, and decentralized ledger. This gives the masses a greater, more trusted option that cannot be corrupted by external factors. This solution presents an incredible chance to set a new system in place. One that could permanently bring an end to traditional banking.
Most recently, Kiyosaki shared in a post, as we can see above, times that show how traditional banks failed. To highlight, he mentions 1998 when Wall Street got together and bailed out a hedge fund called Long Term Capital Management. Then, in 2008, when the Cental Banks got together to bail out Wall Street. This led to a ripple effect where now financial experts wonder, who is going to bail out the Central Banks?
In other words, Kiyosaki sheds light on how each crisis gets bigger because they never really solve the main problem, one that started in 1971 when Nixon took the US Dollar off the gold standard. He then says that the next crisis will be triggered by the collapse of the $1.6 trillion student loan debt, bringing him to his most potent prediction, a warning he has shared for years, of a Greater Depression looming on the horizon.
Whale Takes Kiyosaki’s Advice Seriously
Kiyosaki confirms that the only way one can protect oneself from falling victim to these crises is to not save using fiat money or what he calls fake value. Instead, Kiyosaki urges users to buy assets holding real value, which lies in gold, silver, and Bitcoin (BTC) . He is certain that only these assets hold real value and are the only assets that will continue to grow in value, especially in times of struggle.
Some have already begun to take Kiyosaki’s warning seriously and are preparing the reap the benefits of the price surge that is yet to befall the promising assets like gold, silver, and BTC. As we can see from the post above, this big whale just bought 500 Bitcoin worth $51,500,000 on Binance. Will Bitcoin hit a new ATH soon?
