Robert Kiyosaki, the author of the famous book “Rich Father Poor Father,” shared in a tweet his prediction that they see Bitcoin at $500,000 by 2025, due to a giant collapse coming that will put the Fed in trouble.
Robert Kiyosaki’s Bitcoin prediction: $500,000 by 2025 because of the Fed
Businessman Robert Kiyosaki launched his financial prediction on the social network of crypto-lovers, indicating that Bitcoin will come to be worth $500,000 because of the Federal Reserve (Fed).
Giant crash coming. Depression possible. Fed forced to print billions in fake money. By 2025 gold at $5,000 silver at $500 and Bitcoin at $500,000. Why? Because faith in US dollar, fake money, will be destroyed. Gold & Silver Gods money. Bitcoin people’s $. Take care.
— Robert Kiyosaki (@theRealKiyosaki) February 13, 2023
In essence, Kiyosaki predicts that the Fed will be forced to print trillions of fake dollars to deal with a gigantic coming crash and that this will destroy faith in the US dollar.
To survive over time will be those who take refuge in gold, silver and Bitcoin. That is why by 2025, Kiyosaki predicts BTC at $500,000, gold at $5,000 and silver at $500.
Kiyosaki’s predictions that have come true
Kiyosaki has also become famous on the globe thanks to his “Rich Dad Poor Dad” manual that has become a best seller in finance for more than six consecutive years.
In this regard, from the moment he decided to enter the crypto world, he has been studying the market with his analysis, sharing his predictions before.
The last one was shared in May 2022, when BTC had just touched $29,000. Even at that time, Kiyosaki predicted that the crypto queen would begin its descent, reaching a low around $11,000 to $9,000.
Again, the entrepreneurial economist had cited the behavior of the Fed, which failed to understand the rise in inflation that was already occurring at that time.
In any case, Kiyosaki’s prediction was not entirely wrong. On the contrary, Bitcoin has been falling in price since that May 2022, hitting its low of $15,000 in November, just after the collapse of the FTX crypto-exchange.
Hence, it was neither $11,000 nor $9,000, but yes the predicted drastic drop in BTC’s price from $29,000 to $15,000 did occur.
The latest news on BTC
Recently, Bitcoin has been mentioned in several countries and projects. Among many, there is the case of Russia rumored to be ready for the legal use of BTC and mining.
Even Dubai, already pro-bitcoin, appears to have seen the introduction of a new school that will be able to accept BTC and ETH for payment of its fees.
Not only that, famous Bitcoin influencer Michael Saylor, CEO of MicroStrategy, has launched an online summer internship on open source development on the Bitcoin protocol at his Saylor Academy.
The project is called Saylor Academy’s Summer of Bitcoin, and is an initiative of the Constitution Foundation, founded by Michael Saylor in 2008, even before Bitcoin was born
Source: https://en.cryptonomist.ch/2023/02/14/bitcoin-thanks-fed/