Bitcoin Favored Over Altcoin By Finance Author

Bitcoin is the simplest way to become a millionaire and a haven against inflation and economic instability, says Robert Kiyosaki author of “Rich Dad Poor Dad”

The well-known author of “Rich Dad Poor Dad,” Robert Kiyosaki, has disclosed that Bitcoin is the most straightforward path to financial success for anyone. This disclosure was made by a well-known finance author famous for supporting digital assets.

The “Simplest Method” to Obtain Millionaire Status

In a post on X (formerly Twitter), Kiyosaki stated that Bitcoin is the simplest way to become a millionaire. He gave an example of how becoming an entrepreneur may result in millions. When starting their firm, a person needs to be “really smart, dedicated, and lucky,” according to a well-known finance author. According to Kiyosaki, BTC does the heavy lifting for him, which is why he prefers to save BTC.

In addition to promoting Bitcoin to make millions of dollars, Kiyosaki has urged people to purchase BTC as a haven in case the fiat-based monetary system implodes. He has occasionally used the rising US inflation as additional justification for buying the flagship cryptocurrency and said it is an excellent method to protect one’s wealth.

He mentioned the current state of China’s stock market and suggested that everyone purchase as much Bitcoin as they could before “the biggest bubble in history goes bust” in a more recent statement. In the meantime, Kiyosaki said in a recent X post that he has grown tired of pushing others to purchase BTC.

He clarified that this is because “so many lame excuses” are offered by them. He emphasized the most frequent justification he hears: “Bitcoin is too expensive.” Though BTC is currently high, Kiyosaki pointed out that it is not as high as it will be. He said everyone wishes they had purchased Bitcoin at $10, but those “days are long gone.” He counseled everyone to continue purchasing what they can afford and to “buy a little.”

How Much Will Bitcoin Increase?

According to a recent prediction by Kiyosaki, Bitcoin will reach $350,000 by August of this year. He asserted that his audacious forecast was not a “lie,” arguing that forecasts regarding the future are merely conjecture or opinions rather than lies. Furthermore, he expressed his desire for Bitcoin to reach $350,000, even though this is theoretical.

The well-known financial writer, meanwhile, declared that he is confident that the values of “Bitcoin, Ethereum, and Solana” will keep rising and that he will continue to purchase more of them. Kiyosaki said that although he is sure about these cryptocurrency tokens, he is not hopeful about these price increases since he believes that US officials, such as President Biden, Treasury Secretary Janet Yellen, and Fed Chair Jerome Powell, are “incompetent.”