Rich Dad Poor Dad Author Robert Kiyosaki says he will make ‘rich’ by owning Bitcoin (BTC). Here’s why:

adminJanuary 31, 2024

Best-selling financial author Robert Kiyosaki says he expects his Bitcoin (BTC) holdings to become a source of great wealth in the future.

In a new interview with Kitco News, the Rich Dad, Poor Dad author explains that the 66 BTC he owns will make him “busy” as retirement funds begin flowing into the previously approved Bitcoin exchange-traded fund (ETF) spot market. He said it would be. This is what the U.S. Securities and Exchange Commission (SEC) announced this month.

Kiyosaki said,

“I’m going to make a lot of money. I only have 66 bitcoins. Not much. But when they opened up the market to ETFs, a ton of retirement money is now going into them. It’s going to pour in, cryptocurrencies are jumping and they’re estimating Bitcoin at $500,000 (but) I’m not paying attention to that.

I ask people how many actual coins do you have? I’m 66, it’s no big deal, right? But enough… It’s supply and demand. So supply remains at 21 million, but demand has increased.”

However, according to Kiyosaki, he would not invest in a Bitcoin ETF because he does not trust any type of asset that can be “printed.” Instead, Kiyosaki prefers gold, silver, and BTC.

“I broke records: gold, silver and Bitcoin. There are no ETFs. I don’t want to touch anything that someone might print. “I don’t like the dollar, I don’t like bonds, I don’t like real assets.”

At the time of writing, Bitcoin is trading at $43,457, down slightly over the past 24 hours.