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Renowned author Robert Kiyosaki, best known for his book Rich Dad Poor Dad, has recently emphasized that investing in bitcoin is the simplest way to become a millionaire. He attributes this to the cryptocurrency’s ability to “do the hard work,” in stark contrast to the demanding nature of entrepreneurship.
On the social media platform X, Kiyosaki declared that bitcoin is the most straightforward route to amassing wealth. He stated, “Bitcoin is the easiest way to become a millionaire … I save bitcoin because bitcoin does the hard work for me. That is why I love bitcoin.”
Kiyosaki elaborated on the challenges of becoming wealthy through entrepreneurship. He noted that achieving millionaire status by starting your own business requires significant intelligence, dedication, and luck. “Making millions as an entrepreneur is hard. I know. You have to be really smart, dedicated, and lucky to become a millionaire starting your own business,” he explained.
Kiyosaki has been a long-time proponent of bitcoin, consistently recommending it alongside gold and silver. He refers to gold and silver as “God’s money” and bitcoin as “people’s money.” His bullish stance on bitcoin aligns with his broader investment philosophy that favors tangible assets and decentralized financial instruments.
Recently, Kiyosaki made headlines with his bold prediction that bitcoin could reach $350,000 by August. He clarified, “It’s a prediction. It’s speculation. It’s an opinion, but it’s not a lie. It’s suckers bait, but it’s not a lie because any prediction about the future is not a lie. I want $350,000 bitcoin to be a fact, and I want it to be true … but it is only a prediction.”
In May, Kiyosaki advised investors to buy bitcoin before its price skyrockets. He expressed concerns about the U.S. economy, stating that it is in a depression and predicting a severe market crash. His advice underscores his belief in bitcoin’s potential as a hedge against economic instability and traditional market downturns.