Bitcoin

Read

Reserve

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
In a recent <a href="https://x.com/theRealKiyosaki/status/1851770598474568050" rel="noopener noreferrer nofollow">social media post</a>, Robert Kiyosaki, the author of "Rich Dad, Poor Dad," has stated that he loves Bitcoin because it helps him to "grow richer."
This comes after the leading cryptocurrency surpassed the $73,000 level and approached a new record high.
The entrepreneur, who boasts more than 2.6 million followers on the X social media platform, recently predicted that the price of Bitcoin would "blast off" in October.
Earlier, Kiyosaki<a href="https://u.today/rich-dad-poor-dad-author-kiyosaki-recognizes-bitcoins-dominance-over-gold" rel="noopener noreferrer nofollow">predicted</a> that the flagship cryptocurrency would be able to reach $300,000 in 2024.
The leading cryptocurrency is currently changing hands at $72,271 after dipping by 0.2% over the past 24 hours.
It is worth noting that Kiyosaki used to be highly skeptical of Bitcoin. Back in 2017, he<a href="https://x.com/theRealKiyosaki/status/935886631797772290" rel="noopener noreferrer nofollow">compared</a> Bitcoin to the infamous "Tulip mania." In 2018, he argued that investors should be focused on blockchain, the technology behind the largest cryptocurrency, instead of Bitcoin itself.
In late 2018, he posted an article arguing that Bitcoin was on the cusp of becoming "worthless."
The financial commentator seemingly started prompting Bitcoin after the U.S. Federal Reserve cut interest rates to zero back in March 2020. Back in April 2020, he urged investors to save Bitcoin alongside gold.
He has been a staunch critic of the US dollar and the Federal Reserve.
"A trillion seconds was 31,688 years ago. America goes a trillion $ in debt every 100 days. Now do you know why you must buy gold, silver, and Bitcoin?" he said back in August. <a href="https://u.today/rich-dad-poor-dad-author-reveals-why-he-loves-bitcoin" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

“Rich Dad, Poor Dad” Author Reveals Why He “Loves” Bitcoin

U_Today

Other articles published on Oct 31, 2024

HBAR Price Holds Key Support Analysts Eye $0.098

Shiba Inu Price: Increased Whale Activity Points To Massive Rebound, ‘SHIB Killer’ Gets 50x Forec...

Riot revenue rises 65% from 2023 but says hashrate plans hampered

Sui Announces Integration with Google Cloud to Boost Real-Time Blockchain Data Access

Tether Publishes Third Quarter Financial Report, Setting a Record – Here are All Details

Ethereum reclaims 42% outflows from Solana — DeFi Report

Join our free newsletter for daily crypto updates!