Robert Kiyosaki Doubles Down on Bitcoin at $67,000, Citing Two Big Catalysts

On Saturday, Robert Kiyosaki said helium bought different afloat Bitcoin (CRYPTO: BTC) for $67,000 adjacent arsenic helium described the cryptocurrency arsenic "crashing," framing the acquisition arsenic a stake against a imaginable breakdown successful the U.S. dollar and a coming proviso milestone for Bitcoin. The determination fits with his long-running stance of ignoring crypto volatility portion helium builds positions crossed Bitcoin, Ethereum (CRYPTO: ETH), and hard assets arsenic extortion from what helium sees arsenic worsening U.S. indebtedness dynamics.

In a station connected X, helium tied the acquisition to 2 catalysts: a content that a debt-driven dollar descent could trigger monolithic wealth instauration and that the web is nearing the "21 millionth Bitcoin" being mined.

In the aforesaid post, Kiyosaki argued that a question of caller currency issuance would travel a dollar crisis, calling the Federal Reserve "The Marxist Fed" and describing aboriginal wealth instauration arsenic "fake dollars."

Beyond Bitcoin, Kiyosaki has besides said helium keeps buying Ethereum (CRYPTO: ETH) and does not anchor his decisions to day-to-day terms moves successful either token.

That attack sits alongside his broader distrust of accepted argumentation and concern gatekeepers, including the Federal Reserve and the U.S. Treasury, which helium has criticized arsenic being led by radical helium believes misunderstand wealth and the economy.

Kiyosaki has besides pointed to carnal golden and metallic arsenic halfway holdings, arguing that precious metals person a agelong past arsenic money, portion positioning Bitcoin arsenic a integer counterpart to those stores of value.

Kiyosaki’s ongoing concern strategy reflects a broader inclination among investors looking for alternatives to accepted assets. Last year, helium predicted that Bitcoin could soar to $250,000 by 2026, portion besides mounting targets of $27,000 for golden and $100 for silver, illustrating his content successful the semipermanent worth of these assets amid economical uncertainty.

This position aligns with his disapproval of institutions similar the Federal Reserve, which helium accuses of undermining existent wealthiness done the instauration of “fake dollars." Kiyosaki’s attack of accumulating assets during periods of marketplace fearfulness not lone emphasizes his condemnation successful their imaginable but besides serves arsenic a cautionary attack for investors navigating volatile environments.