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Cryptocurrency News Articles

Robert Kiyosaki Predicts Bitcoin Will Hit $350K by 2025, Accuses BlackRock's Larry Fink of Being a 'Marxist'

Dec 29, 2024 at 02:30 am

Renowned financial educator and author Robert Kiyosaki has predicted a significant surge in Bitcoin's BTC/USD value by 2025

Robert Kiyosaki Predicts Bitcoin Will Hit $350K by 2025, Accuses BlackRock's Larry Fink of Being a 'Marxist'

Financial educator and author Robert Kiyosaki is known for his outspoken views on a wide range of topics, including Bitcoin and the role of institutional investors in the cryptocurrency market. In a recent post on X, Kiyosaki voiced his concerns about Larry Fink, the head of Black Rock, and his handling of Bitcoin.

Kiyosaki, the author of the bestselling book “Rich Dad Poor Dad,” has previously expressed distrust in large financial institutions and their handling of cryptocurrencies. In his latest comments, he accused Fink of being a “Marxist” and a “Share Holder Capitalist,” suggesting that such individuals are suppressing Bitcoin’s price for personal gain.

“Larry Fink dumping Bitcoin. VIVEK warned Larry Fink of BLACK ROCK is a Marxist. Vivek warned Fink & Black Rock are Share Holder Capitalist not Stake Holder Caplitist. Share Holder Capitalists are Marxist….like Klaus Schwab who state: "Someday you'll own nothing and you'll be happy," he wrote in the post.

Kiyosaki further stated his preference for keeping Bitcoin in his own wallet, expressing distrust in Black Rock’s Bitcoin ETF. Despite his criticisms, Kiyosaki remains bullish on Bitcoin, predicting it will reach $350,000 in 2025.

“I love Bitcoin in my own wallet. I would not trust Bitcoin in Black Rocks ETF. Black Rock suppressing Bitcoin price so the whales can buy Bitcoin at under $100k. I will keep buying more Bitcoin because Bitcoin going higher. I predict Bitcoin to hit $350 k in 2025,” he added in the post.

Kiyosaki’s comments come amid a broader debate about the role of institutional investors in the cryptocurrency market. His criticisms of Black Rock and Larry Fink reflect concerns about potential market manipulation and the concentration of power in the hands of a few large players.

Despite these concerns, Kiyosaki’s bullish prediction for Bitcoin suggests he remains confident in the cryptocurrency’s long-term potential. His comments highlight the ongoing tension between the decentralized ethos of cryptocurrencies and the increasing involvement of traditional financial institutions.

News source:www.benzinga.com

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