Robert Kiyosaki, the reputable author of the renowned book ‘Rich Dad Poor Dad,’ has recently come to the defense of Michael Saylor’s Bitcoin strategy, much to the surprise of critics. Known for his candidness, Kiyosaki didn’t hold back in his support, even going as far as to label one critic as “Mr. Big Mouth with No Balls.” Beyond the name-calling, Kiyosaki elaborated on Saylor’s strategy, commending it as ingenious.
For the uninitiated, Michael Saylor has been utilizing MicroStrategy’s resources and credit to purchase billions in Bitcoin. This move, although bold, has been celebrated by Kiyosaki, whose belief in the future of Bitcoin is unwavering. To him, Saylor’s audacious investment has not only enriched his company but its investors as well.
However, it’s not a universally held viewpoint. Some critics argue that Saylor should have stuck with ‘safer’ investments like gold. Kiyosaki retorted by asserting that Bitcoin is the more intelligent choice in the current volatile economy.
Kiyosaki’s support of Bitcoin isn’t merely rhetorical. Following Saylor’s lead, Kiyosaki has incorporated Bitcoin into his investment portfolio, even using it to secure the future of his company’s employees. While not on the same scale as Saylor’s billion-dollar Bitcoin investment, Kiyosaki maintains it’s a game-changer.
Long-time followers of Kiyosaki are aware of his repeated warnings about the devaluation of fiat currency. He likens Bitcoin, gold, and silver to lifeboats on a sinking ship, an analogy that seems increasingly accurate in the current economic climate.
Kiyosaki’s support for Bitcoin extends beyond the realm of investment. He has labeled Donald Trump a friend and proposed that he could become the first “Bitcoin President.” It’s a bold assertion, but Kiyosaki firmly believes that Bitcoin is not merely an investment tool, but a vehicle for global enrichment.
Echoing the sentiments of investor Larry Lepard, Kiyosaki stated, “If you want to change the world, you have to change the money.” In his eyes, Bitcoin represents the necessary change.
Kiyosaki didn’t shy away from supporting Saylor’s Bitcoin prediction of hitting $13 million per coin. With the current price at $90,000, he argued that buying just 0.01 Bitcoin for $9,000 could potentially make someone a millionaire. While it might seem outlandish, Kiyosaki’s confidence is compelling.
His advice to investors? Diversify. His top picks are Bitcoin, Gold, and Silver, which he believes are the best hedges against inflation and for protecting wealth. Regardless of whether you agree with his views, one thing is undeniable – Bitcoin is the future, and not everyone has grasped this fact yet.
