Robert Kiyosaki says this asset made him millions with zero effort
Since the early days of Bitcoin (BTC) being so cheap that it could only buy a pizza, the world’s first cryptocurrency has gone far, making millions for quite a few people, among them Robert Kiyosaki, the author of the best-selling personal finance book ‘Rich Dad Poor Dad.’
Specifically, Kiyosaki praised Bitcoin as “pure genius asset design” that has made him millions, comparing it to real estate that took him a lot of hard work, risk, money, time, and sleepless nights just to get to his first million, as he explained in an X post on August 6.
On the other hand:
“I can’t believe how Bitcoin makes becoming rich so easy. (…) No mess no stress. Just set it and forget it. (…) I did not know how brilliantly Satoshi had designed Bitcoin until I did a little study, invested a few dollars… set it… forgot it… and it has grown into several million dollars.”
At the same time, Kiyosaki wondered why there were “so many millions of poor people,” considering just how evidently easy it is to get rich with the flagship digital finance (DeFi) asset – a statement that has already drawn some criticism in the comments under his post.
Bitcoin’s appeal rises with price
As a reminder, Bitcoin recently hit an all-time high (ATH) price of over $122,00 per coin and a market capitalization of more than $2.4 trillion, continuing its unstoppable rise towards greater heights, proving to be a sound investment even at higher prices.
Meanwhile, institutional investments in Bitcoin include a popular gaming retailer, GameStop, which bought 4,710 BTC in May as part of its new investment strategy and an exceptional show of trust in the future of the original and largest digital asset in the industry.
Elsewhere, Larry Fink, the CEO of asset manager BlackRock, has earlier this year shared his prediction with the World Economic Forum in Davos that the price of Bitcoin could reach as much as $700,000 per wholecoin because of its potential as a hedge against global inflation.
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