Wall Street Hot News: Bitcoin VS USD, the wealth code of the rich dad, Kiyosaki made another amazing prediction: Bitcoin will replace the USD, exceeding 250,000 in 2025?
Robert Kiyosaki, a well-known financial educator and author of "Rich Dad Poor Dad", recently expressed his firm belief in Bitcoin and gold again. He posted on social platform X that it is better to invest in Bitcoin and gold than holding US dollars, because it is a "wiser and safer" option. Bitcoin: "Good Currency" in Kiyosaki's eyes Kiyosaki has long been skeptical of fiat currencies, especially criticizing the Federal Reserve's monetary policy. He believes that the purchasing power of the US dollar is constantly weakening due to the Fed's long-term over-issuance, while Bitcoin, gold and silver are scarce assets that can better resist inflation risks. This view has some similarities with the "monetaryization" theory of Nobel Prize winner in Economics Friedrich Hayek, who advocates that the market chooses currency freely rather than relying on a government-controlled fiat currency system. What is more noteworthy is that Kiyosaki predicts that Bitcoin will reach $250,000 in 2025, and believes that its price growth is mainly driven by the following factors: Institutional Funding and Policy Environment: Bitcoin’s strong support for institutional investors’ entry: With the approval of the spot Bitcoin ETF, Bitcoin has gradually entered the mainstream financial system from a highly speculative asset. Wall Street giants, such as BlackRock and Fidelity, have launched related investment products, marking that Bitcoin is gradually gaining recognition from institutional investors. Policy-oriented changes: Kiyosaki specifically mentioned that if Trump is re-elected as president in 2024, the U.S. government may adopt a more friendly cryptocurrency policy. For example, relaxing supervision of the crypto market, reducing tax pressure on digital assets, and even promoting the application of Bitcoin in mainstream finance. Growing demand for safe-haven: As global geopolitical risks intensify and inflationary pressures continue, investors are increasingly inclined to find safe assets. Bitcoin has been regarded as "digital gold" in recent years, and its censorship resistance and decentralized nature make it more attractive during turbulent times. Economic Perspective: Greshin's Law and Currency Competition When analyzing the rise of Bitcoin, Kiyosaki cited Greshin's Law - the economic principle of "bad money drives out good money". This theory was proposed by Thomas Greshin, a British fiscal 16th-century British financier, and was originally used to describe the currency circulation rules under the precious metal monetary system with the same face value but different actual values. Kiyosaki believes that the US dollar is becoming a "bad currency" due to its long-term over-issuance, while Bitcoin, gold and silver have become "good currency" for investors to seek value storage. Historically, similar situations occurred in the 1970s, when the Bretton Woods system collapsed and the US dollar decoupled from gold, resulting in global currency instability, which ultimately drove a sharp rise in gold prices. Kiyosaki believes that Bitcoin may go through a process of revaluation similar to that gold experienced in the last century. How should investors respond? Although Kiyosaki's view has certain economic theoretical support, the high volatility of Bitcoin is still a risk factor that investors need to consider. For example, Bitcoin fell from $69,000 to $30,000 in just a few months in 2021, and the drastic fluctuations in market sentiment are an important factor affecting its price. For ordinary investors, the diversity of asset allocation is still the key to reducing risks. Bitcoin’s long-term investment value is being recognized by more and more institutions, but its market volatility still needs to be treated with caution. Kiyosaki advises investors to "even if they only buy a little bit of Bitcoin, they can benefit", but whether it can truly become a "wealth shortcut" still needs to be tested by the market. Risk Warning: The remarks in the video can only represent personal opinions and cannot be used as investment advice. Chart analysis is only used to learn how to view indicators and cannot be used in real trading. Investment is risky and not suitable for everyone. All transactions will have the possibility of a complete loss, even exceeding the personal financial ability. You must contact your legal registered financial adviser before investing and cannot make any decisions based on the comments and charts in the video.
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.