Robert Kiyosaki, renowned author of Rich Dad Poor Dad, has reiterated his bullish stance on bitcoin on social media platform X this week. Known for co-authoring Rich Dad Poor Dad alongside Sharon Lechter, Kiyosaki’s work has sold over 32 million copies, been translated into 51 languages, and stayed on the New York Times Best Seller list for more than six years.
“Yay: Bitcoin holding above $106K. Yay again,” he wrote on X Tuesday. The famous author explained that the rich continue to accumulate wealth, but few individuals—likely fewer than 1 in 8 million—can afford to write a $106,000 check. However, this does not mean only those with significant cash reserves will benefit as bitcoin’s value rises. Emphasizing the accessibility of BTC despite its soaring price, Kiyosaki opined:
That is the genius of bitcoin. Even if all a person can afford is 1/2 a satoshi, bitcoin’s design is Democratic … allowing even people who cannot write $106K checks the same equal opportunity to get richer and richer … as those that can write $106K checks.
The bestselling author advocates investing in assets like bitcoin, citing distrust of fiat money, the U.S. government, and the dollar. He supports even small investments in bitcoin’s small unit, satoshis, emphasizing its inclusive design and potential to help people build wealth. Urging his followers to act swiftly, he stressed:
Do not wait in delay. Start getting richer today. At least start buying satoshis … before sats are also $106K.
A “sat” (short for satoshi) is the smallest unit of bitcoin. Named after bitcoin’s pseudonymous creator, Satoshi Nakamoto, one satoshi equals 0.00000001 BTC, or one hundred-millionth of a single bitcoin.
Kiyosaki also linked his outlook on bitcoin to broader political developments, praising former President Donald Trump as “the first Bitcoin president.” In a post on X Wednesday, he predicted that the price of bitcoin will soar to $350K next year. The acclaimed author wrote:
Bitcoin to $350k in 2025. Own more bitcoin in 2025.
Trump’s recent advocacy for blockchain technology and his appointments of a new U.S. Securities and Exchange Commission (SEC) chair and a crypto czar have further fueled optimism within the cryptocurrency community.
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