The renowned investor and author of the book on financial education “Rich Dad Poor Dad“, published in the late 1990s, and several other books on financial markets that followed, Robert Kiyosakiturned to social media platform X (formerly popular as Twitter) with a warning about the current state of financial markets and the role of Bitcoin in the current economic situation.
Kiyosaki, like many other Bitcoin advocates, has spoken out about the impending Bitcoin event. halving of Bitcoin on Twitter/X earlier this year. Then he emphasized its enormous importance. Furthermore, like many sports enthusiasts, Bitcoin, “Rich Dad Poor Dad” author Kiyosaki expects the price of Bitcoin to soar after this significant milestone. This is because once this happens it will bring you closer to your ultimate scarcity.
After the halving scheduled for the end of April, the amount of BTC mined per block will be reduced from 6.25 to 3.125 BTC. As a result, the overall amount of Bitcoin produced daily will drop from 900 to 450 BTC. Kiyosaki believes that driven by the halving and current inflows of Bitcoin ETFBTC will skyrocket to $300,000 by the end of the year.
Kiyosaki’s perspective highlights not only the importance of the halving of Bitcoin. This is because it also highlights his belief in the ability of Bitcoin of becoming a significant store of value and a hedge against inflation. His statement echoes the views of many other cryptocurrency experts and demonstrates the growing interest and confidence in Bitcoin’s long-term potential as a financial asset.
Source: Atrevida
Earl Johnson is a music writer at Gossipify, known for his in-depth analysis and unique perspective on the industry. A graduate of USC with a degree in Music, he brings years of experience and passion to his writing. He covers the latest releases and trends, always on the lookout for the next big thing in music.
