Robert Kiyosaki, the very popular writer of "Rich Daddy Poor Papa" is projecting Bitcoin to reach over $1 million in five years' time.
" I purchased Bitcoin at $9,000 and also I assumed I was being wooled but the reason I bought it at $9,000 was since COVID closed down the world economic situation," he said. "I desire I had gotten it at 10 cents, but now I resemble a wizard since today it is around $55,000. I assume it's going to $1.2 million in five more years."
Nonetheless, Kiyosaki tells Kitco's Michelle Makori he still "likes" silver and gold.
" Bitcoin is still untested. But I have the wherewithal to withstand the hit if it decreases. But, gold and silver are God's money. I've traveled the globe seeking this things," he claimed.
0:00 – Stimulus
3:54 – Gresham's Law
5:50 – Bush versus rising cost of living
7:28 – Bitcoin
15:20 – Other cryptos besides Bitcoin
19:40 – Realty
28:30 – Capitalist Policy
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