In a bold prediction that’s sending ripples through the financial world, Robert Kiyosaki, the celebrated author of Rich Dad Poor Dad, is betting big on Bitcoin. With regulators giving the green light to a series of spot exchange-traded funds (ETFs) in the United States, Kiyosaki anticipates a staggering 247% surge in Bitcoin prices. This forecast comes as the cryptocurrency currently stands at $43,133, and Kiyosaki believes the ascent to $150,000 is not a distant reality.

Taking to the social media platform X, where he commands a following of 2.5 million, Kiyosaki shared his enthusiasm for the forthcoming Bitcoin ETFs. “Yay! Glad I bought years ago. Bitcoin to $150,000 soon. Gold to the moon as central banks buy, store, and never sell,” he exclaimed. Kiyosaki also shared a contrarian viewpoint on silver, predicting a crash as silver stackers may be forced to sell to cover bills amidst rising inflation. However, he views this as a buying opportunity for silver enthusiasts.

Kiyosaki revealed that he recently invested nearly $230,000 in additional Bitcoin, citing concerns over inflation in the United States as the driving force behind his move. “INFLATION or DEFLATION? What if the PhDs at the White House, the U.S. Treasury, and the Federal Reserve put the economy into HYPERINFLATION?” he questioned. Expressing a lack of trust in the nation’s leaders, he urged individuals to rely on themselves and not on what he referred to as “losers with PhDs.

Addressing his 2.5 million followers on the platform X, Kiyosaki expresses enthusiasm about the prospect of Bitcoin reaching $150,000 soon. His bullish stance is grounded in the regulatory approvals of Bitcoin ETFs, a development that he believes will act as a catalyst for the cryptocurrency’s remarkable ascent.

“Bitcoin to $150,000 soon. Gold to the moon as central banks buy, store, and never sell. Silver to experience a dip as silver stackers sell to meet financial obligations amidst rising inflation. A boon for silver stackers, presenting an opportune time to acquire more as silver experiences a temporary downturn,” Kiyosaki asserts confidently.

The acclaimed author also discloses his recent acquisition of additional Bitcoin, totaling nearly $230,000 at the prevailing market rate. His decision to bolster his Bitcoin holdings is grounded in concerns over inflation in the United States, reflecting his proactive approach to safeguarding wealth in the face of economic uncertainties.

“Inflation or deflation? What if the experts in the White House, the U.S. Treasury, and the Federal Reserve inadvertently plunge the economy into hyperinflation? While I hope not, I’ve taken precautions by acquiring five more Bitcoins today. It’s a matter of trusting oneself over our leaders, who, according to Kiyosaki, are individuals with PhDs but could make detrimental decisions,” he emphasizes.

Kiyosaki encourages individuals to contemplate the potential scenarios of inflation or deflation, raising a thought-provoking question about the risk of hyperinflation. His decision to invest further in Bitcoin serves as a proactive measure against the hypothetical collapse of the dollar and the resultant hyperinflation.

The author’s apprehensions about inflation are palpable as he contemplates the possibility of hyperinflation caused by policy missteps. “That’s why I bought five more Bitcoin today. What are you going to do? Trust yourself, not our leaders. They’re losers with PhDs,” Kiyosaki emphasized.

As the crypto community and investors alike eagerly await the approval of Bitcoin ETFs, Kiyosaki’s optimism seems to stem from the potential institutional influx into the market. The approval of ETFs could open the floodgates for institutional investors, providing a significant boost to Bitcoin’s market value.

Kiyosaki’s investment strategy is not limited to Bitcoin, however. He also expressed his intention to acquire more gold and silver with what he calls “fake dollars.” In his view, these precious metals, particularly gold, will benefit from central banks’ continued accumulation and reluctance to sell.

The cryptocurrency landscape is evolving, and Kiyosaki’s insights offer a unique perspective on navigating these changes. His call to trust oneself and not solely rely on leaders adds a layer of individual responsibility to the ever-shifting financial terrain.

In conclusion, Robert Kiyosaki’s prediction of a 247% surge in Bitcoin prices may seem audacious to some, but with the regulatory landscape opening up and inflationary concerns on the horizon, his strategic moves reflect a proactive approach to safeguarding wealth in an unpredictable economic environment.