"Dying Economy, Fed Incompetence"
"Dying Economy, Fed Incompetence" - Robert Kiyosaki Sees Bitcoin At $75k In 3 Years
By Tyler Durden Sun, 05/17/2020 – Zero Hedge Authored by Jeffrey Albus via CoinTelegraph.com,
Robert Kiyosaki (Rich Dad Poor Dad) predicts that Bitcoin’s price will rise nearly 100% per year over the next three years.
Robert Kiyosaki, businessman and best selling author of the book Rich Dad, Poor Dad, has taken to Twitter once again to proclaim his bullish position on Bitcoin.
His prognosis? BTC’s price is heading to $75,000 in three years.
How Kiyosaki values each asset
In a viral May 16 tweet, Kiyosaki states that his fear of a dying economy has led him to purchase more of three assets that he ostensibly considers valuable outside of the traditional financial system: Gold, Silver, and Bitcoin (BTC).
"ECONOMY [is] dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading."
The author’s tweet outlines just how valuable he thinks each asset will be in the coming years. He reveals:
“Bought more gold silver Bitcoin. GOLD [currently] at $1700. Predict $3000 in 1 year. Silver [currently] at $17. Predict $40 in 5 years. Bitcoin [currently] at $9800. Predict $75000 in 3 years.”
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