"The Public Supports Bitcoin Over Government and Fed"
Robert Kiyosaki, author of the investment bestseller "Rich Dad Poor Dad," has set a new target price for Bitcoin at $100,000 (133.5 million KRW).
Cryptocurrency specialist publication "Pinbold" reported on the 21st (local time) that Kiyosaki advocated a bullish stance on Bitcoin while criticizing the Federal Reserve (Fed) and the U.S. Treasury Department.
On that day, Kiyosaki wrote on his Twitter, "Years ago, I saw Bitcoin drop from $20,000 (26.7 million KRW) to zero, and I thought Bitcoin was finished forever," adding, "But then the price slowly recovered and rose to $6,000 (8.01 million KRW)."
A post by author Robert Kiyosaki on his social media account on the 21st (local time). [Image source=Twitter]
He continued, "I believed in Bitcoin's decentralized nature, so I made aggressive purchases," emphasizing, "Because Bitcoin is money owned by the people, not the Fed or the U.S. government." He stated, "This is why the public supports Bitcoin instead of the government and the Fed," and claimed, "Ultimately, Bitcoin will surpass $100,000."
Recently, Kiyosaki also strongly criticized U.S. President Joe Biden and the U.S. Treasury Department, accusing the U.S. government of "lying" about the state of the U.S. and global economies. On the 17th, he tweeted, "Bitcoin has risen 100% over the past year. I will continue to bet on a Bitcoin bull market," adding, "Why do people invest in gold, silver, and Bitcoin? Because the Fed, Treasury, and President Biden are liars."
Meanwhile, Kiyosaki is an investment expert, author, and personal finance educator who co-authored "Rich Dad Poor Dad" with Sharon Lechter in 1997. This book, which reflects Kiyosaki's personal investment experiences, covers how to invest wisely and the mindset needed to become wealthy.
The book has been published in 109 countries in 51 languages worldwide, achieving a cumulative sales volume of 40 million copies.
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