Robert Kiyosaki, the famed author of Rich Dad Poor Dad, has made a bold prediction for Bitcoin, claiming the cryptocurrency’s price is set to “explode” soon. Known for his bullish stance on gold and silver, Kiyosaki expects the U.S. Federal Reserve’s upcoming policy shift to trigger a surge in “real assets.”
Bitcoin and Gold Debate: Who’s the Winner?
Kiyosaki dismisses the ongoing debate between Bitcoin and gold enthusiasts, calling those who pit the two against each other “cowards.” He believes both will see substantial gains when the Fed cuts interest rates. Instead of choosing sides, he suggests investors should be debating whether to buy Ferraris or Lamborghinis in the next bull run.
Bitcoin Decouples from Gold
Although both Bitcoin and gold are often considered safe-haven assets, they have recently started to decouple. While gold has reached new all-time highs, Bitcoin has struggled to fully regain momentum, hovering around $60,000 but still far from its peak.
Kiyosaki’s Bold Bitcoin Price Prediction
Kiyosaki remains confident about Bitcoin’s future, forecasting that the top cryptocurrency could skyrocket to $300,000 by the end of the year. He believes the expected Federal Reserve rate cuts will fuel this rise.