On Saturday, Robert Kiyosaki stated he purchased one other full Bitcoin (CRYPTO: BTC) for $67,000 at the same time as he described the cryptocurrency as “crashing,” framing the acquisition as a guess in opposition to a possible breakdown within the U.S. greenback and a coming provide milestone for Bitcoin. The transfer suits along with his long-running stance of ignoring crypto volatility whereas he builds positions throughout Bitcoin, Ethereum (CRYPTO: ETH), and exhausting belongings as safety from what he sees as worsening U.S. debt dynamics.
In a submit on X, he tied the acquisition to 2 catalysts: a perception {that a} debt-driven greenback slide may set off large cash creation and that the community is nearing the “21 millionth Bitcoin” being mined.
In the identical submit, Kiyosaki argued {that a} wave of latest foreign money issuance would observe a greenback disaster, calling the Federal Reserve “The Marxist Fed” and describing future cash creation as “pretend {dollars}.”
Kiyosakis Bitcoin Guess Amid Market Chaos
Past Bitcoin, Kiyosaki has additionally stated he retains shopping for Ethereum (CRYPTO: ETH) and doesn’t anchor his selections to day-to-day value strikes in both token.
That method sits alongside his broader mistrust of conventional coverage and finance gatekeepers, together with the Federal Reserve and the U.S. Treasury, which he has criticized as being led by folks he believes misunderstand cash and the financial system.
Kiyosaki has additionally pointed to bodily gold and silver as core holdings, arguing that treasured metals have an extended historical past as cash, whereas positioning Bitcoin as a digital counterpart to these shops of worth.
Asset Accumulation Amid Financial Turmoil
This angle aligns along with his criticism of establishments just like the Federal Reserve, which he accuses of undermining true wealth by way of the creation of “pretend {dollars}.” Kiyosaki’s method of accumulating belongings during times of market worry not solely emphasizes his conviction of their potential but in addition serves as a cautionary method for traders navigating risky environments.
Is The $1 Million Bitcoin Goal Reasonable?
In prior commentary, Kiyosaki has stated he expects Bitcoin (CRYPTO: BTC) to achieve $1 million, laying out a time-frame that spans the subsequent a number of years to a decade.
He has linked that bullish outlook to his view that U.S. nationwide debt is climbing and that the greenback’s buying energy is eroding, which he sees as a purpose to maintain including to various belongings.
In Saturday’s submit, as reported by X, Kiyosaki additionally claimed Bitcoin would surpass gold as soon as the community reaches the 21 million coin milestone, tying his thesis on to Bitcoin’s capped provide.
Why Shortage Is Key To Bitcoins Future
Kiyosaki framed the approaching 21 million cap as a key inflection level, suggesting shortage is the function that would elevate Bitcoin’s attraction versus conventional hedges.
His portfolio framing has repeatedly mixed scarce belongings—Bitcoin and Ethereum on the digital aspect, plus gold and silver in bodily type—round a single macro fear: instability tied to U.S. debt and the establishments that handle the foreign money.