Robert Kiyosaki thanks Bitcoin for challenging the US dollar

Robert Kiyosaki, author of Rich Dad Poor Dad, has thanked Bitcoin for “destroying the counterfeit US dollar and bringing integrity back to money.” Kiyosaki has been more vocal lately in urging investors to buy Bitcoin. He expects the cryptocurrency’s price to reach $100,000 by June this year, warning that gold could experience a significant price drop.

Robert Kiyosaki thanks Bitcoin

The author of Rich Dad Poor Dad, Robert Kiyosaki, in a statement on the social media platform praised as an alternative currency to the US dollar. Rich Dad Poor Dad is a 1997 book co-written by Kiyosaki and Sharon Lechter. It spent more than six years on the New York Times bestseller list. The book has sold more than 32 million copies in more than 51 languages ​​in more than 109 countries. The famous author wrote:

“Thank you Bitcoin for doing your job…defeating the fake US dollar and bringing integrity back to money.”

Earlier this month, Kiyosaki predicted that Bitcoin will reach $100,000 by June. He clarified that a drop in the BTC price would not deter him as he would see it as a buying opportunity. While he foresees a rise for Bitcoin and silver, he believes gold prices could fall below $1,200.

Kiyosaki urges to buy Bitcoin

Following the approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC), the famous author has increased his BTC holdings. He also urged investors to consider both Bitcoin and Bitcoin ETFs, while emphasizing the importance of the upcoming Bitcoin halving.

Kiyosaki has consistently criticized fiat currencies such as the US dollar, calling them “fake money”. He contrasts this with gold and silver, which he calls “God’s money,” and Bitcoin, which he sees as “the people’s money.” Last November, he emphasized that fiat money is not safe and urged investors to protect themselves from central banks.

The renowned author has repeatedly promoted Bitcoin as a hedge against wealth erosion caused by the Federal Reserve, government policies and Wall Street bankers. In January, he warned investors about the US’s rising national debt and recommended buying Bitcoin as a possible hedge. Kiyosaki predicts a global economic downturn and even the collapse of the American Empire, similar to the fall of the Roman Empire.