Robert Kiyosaki Calls Bitcoin “Pure Genius Asset Design” on X
Robert Kiyosaki, author of 'Rich Dad Poor Dad,' praised Bitcoin on social media, calling it a “pure genius asset design” that allows for wealth accumulation with minimal effort. He stated that Bitcoin enables financial success without the complexities associated with traditional investments.
Key Points from Kiyosaki's Statements
- Kiyosaki views Bitcoin as an effortless investment, emphasizing its potential for wealth generation.
- He compares Bitcoin favorably to his experiences in real estate, citing less risk and effort required in crypto.
- Bitcoin operates on a decentralized blockchain, eliminating the need for intermediaries like banks.
- Supporters argue Bitcoin serves as a hedge against inflation and economic downturns.
- Strategy, led by Michael Saylor, has acquired 628,791 Bitcoin at an average price of $73,277.
- Currently, Bitcoin trades at $113,980.91, reflecting a slight decline of 0.17% over 24 hours.
- Saylor defends Bitcoin as “digital capital,” considering it a long-term asset.
- Kiyosaki remains undeterred by market fluctuations, ready to increase his Bitcoin holdings if prices dip further.
Kiyosaki identifies a recurring trend he calls the "Bitcoin August Curse," where prices often fall in August, yet he remains committed to Bitcoin's long-term value.