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Robert Kiyosaki Explains Why He Loves Bitcoin


Robert Kiyosaki is a legend.

The author of the best seller “Rich Dad, Poor Dad” is perhaps one of the greatest teachers who ever lived, and has been the starting point for many investors young and old.

When I first came across Kiyosaki it was 2018, and he was still unsure about Bitcoin, he was invested at that point, but not much by his standards.

Increasingly however, Kiyosaki has been very bullish, and vocal about Bitcoin.

Today he is not only heavily invested in the cryptocurrency, but also plans to use it as a hedge against inflation and a coming market crash.

Here’s why he loves Bitcoin:

Crypto Globe states:

At various times during the current COVID-19 pandemic, Kiyosaki has been criticizing the Federal Reserve’s response to the resulting economic fallout and strongly urging his large following on social media platforms to protect themselves from what he feels is inevitable high inflation (and possibly hyperinflation) in the future by using their fiat holdings to buy silver, gold, and Bitcoin.

The Nasdaq exchange shares the BTC price prediction of one Fidelity analyst:

Jurrien Timmer, the director of global macro at Fidelity Investments, believes that BTC still has plenty of steam left in it. His new prediction calls for Bitcoin to reach a price of $100,000 by the time 2023 gets here.

If his prediction holds true, it would mean a massive increase in price for Bitcoin. The crypto is currently trading at $56,894.80, which has Timmer predicting an upside of about 76% for the token.

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