Bestselling author of Rich Dad Poor Dad, Robert Kiyosaki, believes the stock market will experience the biggest crash in history in February 2025.
According to Kiyosaki, due to the crisis in the stock market, all money will begin to actively flow from stocks and bonds to Bitcoin (BTC).
The stock market will crash, but Bitcoin will soar
Kiyosaki predicted a stock market crash in February 2025 12 years ago in his 2013 book Rich Dad’s Prophecy. In such an event, he sees opportunities for both ordinary citizens and Bitcoin investors.
If this actually happens, the price of BTC could set new records. Earlier, BlackRock CEO Larry Fink predicted an increase in the cost of Bitcoin to $700 thousand. Now the cryptocurrency is trading at $99 thousand, having dropped by 5% over the past 24 hours.
What is the power of BTC
Kiyosaki also once again praised Bitcoin and told what its strength lies. According to the writer and crypto investor, two key economic principles give BTC an edge over the US dollar:
- Gresham’s Law is a principle that states that “worse money drives better money out of circulation.” According to Kiyosaki, this is exactly the situation that has been observed for many years with gold and silver. Now Bitcoin has joined them, the expert believes. Together they “force the fake American dollar into the shadows”
- Metcalfe’s Law is a principle that suggests that value is proportional to the square of the number of its users. Kiyosaki emphasized that the strength of BTC lies in the ever-growing network of users and supporters of the main cryptocurrency.
Kiyosaki’s point of view coincides with the common belief among Bitcoin supporters that BTC is the best hedge against inflation. Earlier, former BitMEX CEO Arthur Hayes noted that rising inflation is increasing demand for the first cryptocurrency by capitalization as investors look for safe assets.
Stay informed! Subscribe to Telegram.
Source: Cryptocurrency
I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.
