‘Rich Dad Poor Dad’ Author Robert Kiyosaki Predicts Bitcoin Will Hit $750,000
Robert Kiyosaki, author of “Rich Dad Poor Dad,” has long criticized the traditional financial system for relying on fiat currency, debt and central bank balance-sheet expansion. He believes inflation, government debt and war are pushing the world toward a “new depression,” and that capital could shift into scarce assets such as Bitcoin, Ethereum and gold if the TradFi bubble bursts.
Kiyosaki recently said the “pin is near” for the traditional finance bubble and predicted Bitcoin would rise to $750,000 within the next year. However, reports did not specify the starting date for that one-year forecast. He also warned that currency purchasing power, prices and living costs could rise at the same time, meaning real returns cannot be measured solely by Bitcoin’s nominal U.S. dollar price.
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