Bitcoin Will Boom If Trump Wins – Robert Kiyosaki
23.07.2024 15:00 1 min. read Alexander Stefanov
Billionaire investor Robert Kiyosaki is once again championing Bitcoin, suggesting that a potential Trump presidency could significantly enhance its value.
Kiyosaki envisions that Trump’s policies, such as weakening the US dollar and stimulating domestic production, would benefit Bitcoin and other assets by making exports more competitive and boosting economic growth. According to Kiyosaki, a weaker dollar could drive up prices for Bitcoin, gold, silver, and stocks.
Kiyosaki’s endorsement comes alongside criticism of President Biden’s energy policies, particularly the cancellation of the Keystone XL pipeline, which he argues has led to inflated oil prices and increased inflation.
He contrasts this with Trump’s potential plan to increase domestic oil production, which Kiyosaki believes could lower oil prices and foster economic expansion.
Adding to the buzz, Kiyosaki has also voiced concerns about the impact of AI on job markets, predicting that Bitcoin, along with gold and silver, could serve as a financial safeguard during such disruptions. Meanwhile, the US government has recently sold off some of its Bitcoin holdings, a move closely monitored by the investment community.
With Trump set to address Bitcoin’s role at an upcoming conference, there is growing anticipation about his plans for the cryptocurrency if he wins the presidency.
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