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Robert Kiyosaki: "I'm Still Buying Bitcoin," Eyeing Future Wealth Amid Economic Turmoil
Despite acknowledging that some might view his actions as foolish, renowned "Rich Dad Poor Dad" author Robert Kiyosaki emphatically declares he continues to accumulate Bitcoin (BTC). His steadfast commitment to the leading cryptocurrency stems from a deep-seated belief in its long-term potential as a hedge against what he perceives as a crumbling traditional financial system.
A Strategy of Accumulation Over Timing
Kiyosaki candidly admits to initially being late to the Bitcoin game, having purchased his first BTC at $6,000, which he then considered expensive. Reflecting on past decisions, he now expresses regret for not acquiring more at lower prices and anticipates feeling the same regret if Bitcoin reaches $1 million. For Kiyosaki, the focus isn't on market timing or current price tags, even as Bitcoin trades well over $100,000. Instead, his strategy revolves around consistently accumulating as much Bitcoin as possible, likening it to his approach with gold and silver—assets he values for their intrinsic worth.
Bitcoin: A Shield Against "Fake Money"
Kiyosaki champions Bitcoin, alongside precious metals, as "real money" that adheres to fundamental economic principles like Metcalfe's Law, which attributes value to network size. He frequently warns against "fake money" represented by fiat currencies and government bonds, predicting a looming "Greater Depression" driven by excessive debt and inflationary policies. In his view, Bitcoin's decentralized nature and finite supply make it an essential asset for wealth preservation and growth in an era of unprecedented economic instability. He urges investors, even those with limited capital, to acquire any amount of Bitcoin now, emphasizing that building quantity is paramount for future prosperity.