Bitcoin is the “people’s money,” gold is “god’s money,” and fiat is “fake money”
Robert Toru Kiyosaki is an American businessman and an author of one of the most famous financial and investment book of all time "Rich Dad Poor Dad", shared his view openly on social media platform about bitcoin. Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos.
From past few months, Kiyosaki is continuously sharing his views openly on world's top cryptocurrency but the recent tweet by him predicting the price of bitcoin attracted the crypto community by surprise. According to his recent tweet, Bitcoin price could hit the $75,000 mark in the coming three years.
The tweet was shared by Kiyosaki on May 16th, He suggested that the “economy dying, FED incompetent and hope fading", he started to be bullish on bitcoin, gold and silver. He predicted that bitcoin may reach upto a $75,000 mark by 2023. It means, if we consider the current price of bitcoin which is around $9800 then bitcoin can multiply by 7.5 times from its current price. And the gold price may double within a year, along with silver which may reach upto $40 in next five years.
Kiyosaki is bullish on bitcoin, gold and silver because he thinks that the action by the governments and central banks are trying to support a global financial system of “fake money” poised to collapse.
According to him,
Bitcoin is the “people’s money,” gold is “god’s money,” and fiat is “fake money”.