Will BTC USD Bitcoin surpass gold: BTC USD price today drops to $66,000: Why Robert Kiyosaki bought more Bitcoin during crypto crash and said it will be better than gold?
Why Robert Kiyosaki Buys Bitcoin USD During Crypto Market Crash
Kiyosaki said his decision came down to two main beliefs. First, he argues that rising US debt will eventually push the Federal Reserve to print large amounts of new money. Second, he pointed to Bitcoin’s fixed supply of 21 million coins, which he views as a key advantage.
He wrote, “Although Bitcoin is crashing I bought one more whole Bitcoin for $67k,” as per his X post.
Robert Kiyosaki’s Warning About Federal Reserve Money Printing
Kiyosaki referred to the Federal Reserve as “The Marxist Fed” and described potential future money creation as “fake dollars,” reflecting his long-standing criticism of traditional financial institutions and their impact on wealth.
Also read: Word of the day: Chaperone
BTC USD Price Today: Bitcoin 47% Below All-Time High
Bitcoin is currently trading near $66,000, roughly 47% below its all-time high of $126,080. However, the total crypto market capitalization remains above $2 trillion.
US exchange-traded funds tied to Bitcoin continue to trade actively, and major financial institutions remain involved in the crypto space. Analysts are not describing current conditions as a panic sell-off, as per a Coincentral report.
US Debt Above $34 Trillion: Impact on Dollar and Crypto
Meanwhile, US federal debt has climbed above $34 trillion. Interest costs are increasing and fiscal deficits remain high. Kiyosaki believes this pattern historically leads to monetary expansion rather than austerity, as per the Coincentral report.
Bitcoin USD vs Gold: Why Kiyosaki Prefers Fixed Supply
For years, Kiyosaki has favored gold and silver. He now describes Bitcoin as a digital version of those traditional stores of value. The key distinction, he says, is supply. Gold supply increases gradually through mining, while Bitcoin’s supply is capped at 21 million coins by its code.
Kiyosaki said, “When the 21st millionth Bitcoin is mined…. Bitcoin becomes better than gold.”
Robert Kiyosaki’s Crypto, Gold, and Silver Strategy
He often references past cycles. During the 2020 pandemic stimulus period, Bitcoin rose from below $4,000 to above $60,000 in less than a year. When the Federal Reserve tightened policy in 2022, Bitcoin dropped sharply into the mid-$10,000 range.
Kiyosaki also owns Ethereum and says he does not base decisions on short-term price swings. Instead, he combines cryptocurrency with physical gold and silver as part of a broader strategy.
BTC USD Price Outlook: Kiyosaki’s Bitcoin Price Prediction – $250K to $1 Million
He has previously projected that Bitcoin could reach $250,000 by 2026 and $1 million over a longer timeline of several years to a decade. He has also set price targets of $27,000 for gold and $100 for silver. His long-term Bitcoin outlook is tied to what he describes as continued erosion in the dollar’s purchasing power.
FAQs
How much did Kiyosaki pay for buying Bitcoin?
He bought one full Bitcoin for $67,000.
Why does Kiyosaki criticize the Federal Reserve?
He believes excessive money printing erodes the value of the dollar.
