'Rich Dad Poor Dad' Author Not Worried About Bitcoin Price, Here's Why - U.Today

BTC-1,91%
ETH-1,77%
  • Kiyosaki’s Bitcoin and Ethereum statement
  • Robert Kiyosaki celebrates silver’s price surge Robert Kiyosaki, an investment guru and author of the popular finance management book “Rich Dad Poor Dad,” has taken to his X account to once again remind his audience about Bitcoin and Ethereum after a week of consecutively posting only about silver.

Kiyosaki is one of those influential Bitcoin investors who believes that BTC is bound to reach $1 million within the next few years or decade. Relatively recently, he also became fond of the second-largest cryptocurrency, Ethereum.

In his recent tweet, Kiyosaki stunned the community by saying that he does not care if the Bitcoin or Ethereum price is going up or down. He continues to buy both cryptos.

Kiyosaki’s Bitcoin and Ethereum statement

The financial guru stated that he does not follow the Bitcoin or Ethereum prices on charts. The reason for such an attitude, according to Kiyosaki, is the fact that he knows that “the national debt of the US keeps growing up.” Besides, “the purchasing power of the US dollar keeps going down.”

Knowing this major factor, Kiyosaki says, makes him free from worrying about the price of gold, silver, Bitcoin and Ethereum. He believes that the key financial governmental structures like the Federal Reserve and the U.S. Treasury are controlled by incompetent people who do not know the economy or money management well.

Kiyosaki just keeps stacking physical gold, silver, Bitcoin and Ethereum. That was his message to his multimillion audience on X.

Robert Kiyosaki celebrates silver’s price surge

In a tweet published earlier this week, Robert Kiyosaki reminded the community about the historical importance of gold and silver as a means of exchange: “Gold and silver have been money for thousands of years.”

These days, however, he continued, the demand for silver is high since it is a vital component of the economy and various advanced technological industries. He likened it to iron in past ages. Overall, the financial guru noticed that the silver price had gone from $5 per ounce in 1990 to over $96 per ounce. He calls it “the structural metal of the world’s economic future,” as well as money, and a store of value.

In general, Kiyosaki tweets the same about gold from time to time, calling it “god’s money.” He also considers Bitcoin to be “digital gold” and is accumulating both.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Spot ETF Saw Net Outflows of $52.1092 Million Yesterday, Continuing 3-Day Net Outflow Streak

On March 20, Bitcoin spot ETFs had a total net outflow of $52.1092 million, with outflows continuing for the third consecutive day. VanEck ETF HODL had a net inflow of $2.9646 million, with cumulative historical net inflows reaching $1.182 billion; BlackRock's IBIT had a net outflow of $45.9441 million, with historical net inflows totaling $63.257 billion. The current total net asset value of Bitcoin spot ETFs stands at $90.301 billion.

GateNews29m ago

Bitcoin Tests a $70K Level as Inflation Fears Surge

Bitcoin is grappling with a shift in momentum after failing to sustain a rally above $76,000, slipping back under $70,000 as crude oil prices rise and inflation concerns roil risk markets. The move underscores how macro forces—oil, policy expectations, and stock weakness—continue to shape the

CryptoBreaking53m ago

CFTC clarifies cryptocurrency margin rules: BTC and ETH capital deduction rate of 20%, permitting investment in the derivatives market

The U.S. Commodity Futures Trading Commission (CFTC) recently released an FAQ clarifying the rules for using cryptocurrencies as margin in derivatives markets, specifically setting capital deduction rates of 20% for Bitcoin and Ethereum and 2% for stablecoins. The pilot program will be limited to three coin types in the first three months, after which it will expand to additional cryptocurrencies and relax reporting requirements. Qualifying crypto assets may be used as margin, marking a gradual acceptance of blockchain assets within the U.S. financial system.

動區BlockTempo1h ago

Major CEX and DEX funding rates fully turned negative, BTC down 1.93%, ETH down 2.18%

On March 22, Bitcoin reported $69,275.33, down 1.93% in 24 hours; Ethereum reported $2,103.95, down 2.18%. The market is broadly bearish, with shorts dominating. Funding rates are universally negative, indicating that shorts need to pay fees to longs.

GateNews1h ago

Polymarket predicts that the probability of Bitcoin falling to $65,000 in March has increased to 49%.

Gate News, on March 22, as Bitcoin briefly dropped below $69,000, the prediction probability of "Bitcoin falls to $65,000 in March" on the Polymarket prediction market rose to 49%. Additionally, the probability of predicting Bitcoin falling to $60,000 is 16%, and the probability of predicting it rising to $80,000 is 12%.

GateNews2h ago

Bitcoin Options Signal Concern Even as ETF Outflows Remain Relatively Low

Bitcoin price (BTC) maintained a sideways trend around the 70,000 USD level during Friday's trading session, after failing to reclaim the previous 75,000 USD milestone. This movement coincides with two consecutive sessions recording net capital outflows from U.S. spot Bitcoin ETF funds, thereby reversing the trend.

TapChiBitcoin2h ago
Comment
0/400
No comments