Best-selling finance author Robert Kiyosaki says that he expects his Bitcoin (BTC) holdings to be a great source of wealth in the future.
In a new interview with Kitco News, the Rich Dad Poor Dad author says that the 66 BTC he owns will make him a “fortune” as retirement funds start to flow into spot market Bitcoin exchange-traded funds (ETFs), which were approved earlier this month by the U.S. Securities and Exchange Commission (SEC).
“I’m going to make a fortune. I only have 66 Bitcoin – it’s not many – but when they opened up the market to the ETF, now tons of retirement money goes into it. It’s going to pour in, which will jump crypto and they’re estimating Bitcoin [at] $500,000 and all that stuff, [but] I don’t pay attention to it.
I just say to people, how many actual coins do you have? I have 66, big deal, right? But it’s plenty… It’s supply and demand. So supply stays [at] 21 million but demand just went up.”
However, according to Kiyosaki, he would not likely invest in Bitcoin ETFs as he doesn’t trust any type of asset that can be “printed.” Instead, Kiyosaki prefers gold, silver and BTC.
“I’m a broken record: gold, silver and Bitcoin. No ETFs. Anything someone can print, I don’t want to touch it. I don’t like dollars, I don’t like bonds, I like the hard assets.”
Bitcoin is trading for $43,457 at time of writing, a fractional decrease during the last 24 hours.
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