Robert Kiyosaki Reaffirms $350K Bitcoin Prediction and Criticizes Blackrock’s Moves

Robert Kiyosaki Slams Blackrock While Doubling Down on $350K Bitcoin Price Target

Famed author Robert Kiyosaki, best known for Rich Dad Poor Dad, has once again made waves in the financial world with bold predictions and pointed critiques. Sharing his views on the U.S. dollar, Bitcoin, and the global economy, Kiyosaki took to social media platform X (formerly Twitter) to reiterate his belief that Bitcoin will reach $350,000 by 2025.

Kiyosaki’s collaboration with Sharon Lechter on Rich Dad Poor Dad in 1997 has earned global acclaim, with the book selling over 32 million copies, translated into 51 languages, and distributed in 109 countries. Now, he’s turning his financial insights toward cryptocurrencies and global markets, sparking conversations among investors worldwide.

Bitcoin, Blackrock, and the Whales

On December 27, Kiyosaki expressed his steadfast confidence in Bitcoin while casting doubt on Blackrock’s role in the crypto market. “I love Bitcoin in my own wallet. I would not trust Bitcoin in Blackrock’s ETF [exchange-traded fund]. Blackrock is suppressing Bitcoin’s price so whales can buy at under $100K,” he claimed.

Kiyosaki further accused Blackrock CEO Larry Fink of dumping Bitcoin to benefit institutional investors. Reiterating his optimistic outlook, he declared:

“I will keep buying more Bitcoin because Bitcoin is going higher. I predict Bitcoin to hit $350K in 2025.”

Advice for “Bitcoin Cry Babies”

Kiyosaki also addressed critics and investors worried about Bitcoin’s price fluctuations, urging resilience and gratitude. On December 24, he tweeted:

“Boo hoo boo hoo: Bitcoin cry babies crying about Bitcoin prices dropping. Rather than say ‘thank you’ and buy more Bitcoins … cry babies cry. Buy, buy, buy—not cry, cry, cry. Be grateful. Grow up and buy more Bitcoin.”

Concerns About the U.S. Dollar

Turning his attention to the U.S. dollar, Kiyosaki warned of its declining role in global oil transactions, stating: “Big boo, U.S. dollar no longer petro-$. U.S. $ Fuc’d. Buy gold.” These remarks underline his skepticism about the dollar’s long-term stability, advocating for alternative investments such as gold, silver, and Bitcoin.

A Looming Global Economic Downturn?

In a sobering forecast on December 22, Kiyosaki shared his concerns about a potential global economic crash. “Global crash has started. Europe, China, USA going down. Depression ahead?” he questioned. Urging caution, he advised:

“Please be smarter with your money. Hang on to your job and your money.”

Despite his warnings, Kiyosaki emphasized the opportunities that arise during financial downturns. “Regardless of which way the economy goes, gold, silver, and Bitcoin hold their value. For many people, crashes are the best times to get rich. I plan on getting richer. I want you to get richer and smarter too,” he concluded.

Final Thoughts

Robert Kiyosaki’s unwavering belief in Bitcoin and other tangible assets like gold and silver reflects his cautious yet opportunistic view of the current economic landscape. Whether or not his prediction of $350K Bitcoin by 2025 materializes, his insights encourage investors to stay informed and proactive in navigating the complexities of modern finance.