The author of "Rich Dad Poor Dad", Robert Kiyosaki, criticized the US Federal Reserve, while praising Michael Saylor's Bitcoin purchase strategy as a hedge against economic uncertainty.
In a recent X post, Robert Kiyosaki, the author of "Rich Dad Poor Dad" and a Bitcoin supporter, criticized the Federal Reserve. Kiyosaki also praised MicroStrategy founder Michael Saylor's Bitcoin strategy and pointed out that BTC has the potential to avoid financial difficulties. It is worth noting that this comment was also made after the author recently supported Saylor's bold prediction that BTC will reach $1.3 million in the next few years.
Robert Kiyosaki criticizes the Federal Reserve and praises Michael Saylor's push for Bitcoin
In his latest post on X, Robert Kiyosaki (Robert Kiyosaki) called Saylor a "genius" and praised him for strategically using MicroStrategy's funds to purchase billions of dollars worth of Bitcoin. Kiyosaki emphasized that this bold investment not only made Saylor, his company, and shareholders extremely wealthy, but also preserved jobs during a turbulent financial period.
In the article, Kiyosaki refuted critics, pointing out that some who criticize Saylor for buying Bitcoin instead of gold lack foresight and have not recognized Bitcoin's potential. He reiterated his support for gold and silver as investments, but said the real problem lies with the "corrupt central bank... the Federal Reserve" printing "fake dollars".
The author of "Rich Dad Poor Dad" praised Saylor for using the company's resources to invest in Bitcoin, as Bitcoin makes investors richer and provides employment opportunities for investors. It is worth noting that just before Saylor made these remarks, he had just supported Saylor's prediction that Bitcoin will reach $1.3 million in the next few years, calling Bitcoin a strategic hedge against economic uncertainty.
Meanwhile, Michael Saylor's Bitcoin buying frenzy has not abated. MicroStrategy recently completed a $3 billion bond offering to fund further Bitcoin acquisitions. Previously, MicroStrategy raised $2.6 billion in the form of 0% convertible bonds for the same purpose. The company's stock MSTR has risen along with the recent surge in Bitcoin prices, indicating a bullish market sentiment.
BTC becomes a tool to hedge against macroeconomic difficulties
Robert Kiyosaki's remarks are in line with the growing view of Bitcoin's role in reshaping global finance. He emphasized the importance of Bitcoin, gold, and silver as tools to counter the flawed monetary system. Regarding his collaboration with Donald Trump, Kiyosaki expressed optimism about Trump's potential to become the first "Bitcoin president", a title that resonates with Trump's support for cryptocurrencies.
It is worth noting that this optimism is not limited to Kiyosaki. Senator Cynthia Lummis recently stated that building a Bitcoin reserve could halve US debt in 20 years. These bold views align with the evolving market narrative, especially as Bitcoin accelerates its global adoption.
Meanwhile, Kiyosaki cites a quote from Larry Lepard at the end of the post: "To change the world, we must change our money." He continues to advocate for Bitcoin, highlighting the growing belief that digital assets may provide solutions to global macroeconomic challenges.
It is worth noting that the BTC price has continued to rise recently, with a slight dip today, trading at $98,829. In the past 24 hours, the cryptocurrency hit a new high of $99,655. However, CoinGlass data shows that BTC futures open interest has remained flat, indicating that investors are pausing ahead of the expected weekend rebound.
