Therefore, Kiyosaki says: “The rich will get richer” since he expects Bitcoin to break $100,000 soon. What will happen to the poor and the middle class then? The financial guru says that once BTC soars above $100,000, “It will be almost impossible for the poor and middle class to catch up.”
According to Kiyosaki, as soon as the price surge occurs, Bitcoin will be affordable only to ultra-rich entities: “corporations, banks, and sovereign wealth funds.”
He tweeted that before Bitcoin has left $100,000 behind, FOMO (fear of missing out) is good. “Don’t let the rich get richer…without you,” Kiyosaki urged his followers.
However, in the comments many followers disagreed with the financial expert, saying they believe that Bitcoin will “continue to help the poor, even at a price of 1 million and beyond” and “The Bitcoin price is fractionable and available for purchase by ALL.”
Kiyosaki said this would be highly likely thanks to the effect AI will have on financial markets, citing a book by another author called “Money GPT” that Kiyosaki claimed was only about to be published.
As for buying and saving Bitcoin, Kiyosaki recently admitted that he has been following Michael Saylor’s “tactical Bitcoin investment plan” but on a much smaller financial scale.
On Friday, Bitcoin peaked at $98,745 and then went down by almost 2% overnight, now changing hands at $96,880.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com