Former best-selling author Robert Kiyosaki says he stands behind his call that Bitcoin () will print a new all-time high and run all the way up to $100,000.
The Rich Dad Poor Dad author that the average American family is in trouble as the United States government continues to accumulate more debt.
Kiyosaki refers to BTC as the “people’s money” and says that those who save US dollars are likely screwed.
“Bitcoin to $100,000.
Saying for years: gold and silver [are] GOD’S money. Bitcoin [is the] people’s money.
Bad news: if [the] stock and bond market crash, gold and silver skyrocket.
WORSE NEWS: IF [the] world economy crashes, BTC $1 million, gold $75,000, silver to $60,000.
Savers of FAKE US dollars [are screwed]. DEBT [is] too high. Mom, pop and kids [are] in trouble. Hope I am wrong. Please take care.”
In a new interview with Stansberry Research’s Daniella Cambone, Kiyosaki that he has warmed up to the idea of Bitcoin as he has lost all trust in the institutions running the country.
“I like Bitcoin because we have an enemy in common. It’s called the federal government, the Treasury and the Fed and Wall Street. I don’t trust them. If you trust them, save dollars and get yourself a nice bond. I don’t trust those guys.”
Earlier this year, Kiyosaki predicted that Bitcoin will eventually skyrocket to $100,000, highlighting that the crypto king does not need the intervention of the government to sustain its value.
At time of writing, Bitcoin is worth $29,167.
