Financial educator and author Robert Kiyosaki has raised alarms about the state of the U.S. economy, warning that the nation, despite its status as the largest global economy with a GDP of around $29 trillion, is on a downward path.
He criticized government leaders, particularly President Biden and Vice President Harris, for their policies and perceived dishonesty, which he believes threaten the country’s stability.
With the presidential election approaching, Kiyosaki has called for leaders who embody integrity, contrasting the current administration with historical figures like Washington and Lincoln.
He is particularly concerned about the rising national debt, suggesting it could jeopardize the financial security of Americans.
Kiyosaki advocates for investing in hard assets, such as Bitcoin, as a hedge against economic turmoil. He references predictions from Michael Saylor, who anticipates that Bitcoin could significantly increase in value, potentially comprising 7% of global capital by 2045.
Currently, Bitcoin is priced at about $62,000, inching closer to its all-time high. Kiyosaki views Bitcoin as a safer investment compared to traditional currencies, which are susceptible to inflation and devaluation, and believes it could play a crucial role in securing investors’ wealth in the future.
Recent reports suggest that El Salvador’s 6,114 BTC, claimed by the government, may actually be controlled by the crypto exchange Bitfinex.
Under the guidance of Cathie Wood, ARK Invest has significantly bolstered its Bitcoin holdings, purchasing 997 BTC, valued at approximately $80 million, on March 13, 2025.
Bitcoin ETFs saw significant outflows on Thursday, totaling $143.3 million, based on data from Farside Investors.
Jack Mallers, CEO of the Bitcoin wallet and payments platform Strike, has shared his bold vision for the future of Bitcoin, stating that its market cap could increase by trillions of dollars.