
Kiyosaki Discusses His Latest BTC Purchase and Bitcoin's Future Over Gold
The renowned author emphasizes his belief in Bitcoin as a superior investment compared to gold, forecasting a major shift in the future.
The well-known New York Times author, Robert Kiyosaki, made headlines again by discussing his latest investment in Bitcoin and reiterated his belief that BTC may surpass gold in investment value. The anticipated turning point between these two assets might still be far off, potentially as long as a century.
Latest Purchase
Kiyosaki recently purchased a whole Bitcoin for $67,000 and provided two main reasons for this decision:
- He foresees that massive money printing will occur as the U.S. dollar crashes due to debt issues, driven by ‘The Marxist Fed’ printing trillions of dollars.
- The last Bitcoin (the magical 21 millionth) is nearing its mining completion.
Once the last Bitcoin is mined, Kiyosaki claims that it will be valued higher than gold. However, many factors need consideration here as nearly 20 million Bitcoins have already been mined.
Due to Bitcoin’s operational complexity, the final million Bitcoins will be notably harder to mine, extending the timeline significantly—estimates suggest that it might take until 2140 to mine the last Bitcoin, meaning Kiyosaki would be nearly 200 years old by then (born 1947).
Kiyosaki had earlier stated that he would choose Bitcoin over gold without hesitation, providing some contradictions in his past remarks when he claimed to stop buying Bitcoin at $6,000 while sharing other posts about purchasing at significantly higher prices.
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Kiyosaki continues to spark conversation within the crypto community, heralding a future where Bitcoin not only competes with but potentially overtakes gold as the premier investment choice.
