Kiyosaki is known in the financial world as an author known for his investment books and commentary. Kiyosaki, who frequently comes to the fore with his views on cryptocurrencies and especially Bitcoin, announced that he bought another Bitcoin at approximately $ 67,000 during the period when the market fluctuated sharply.
US Dollar and Monetary Policy Expectations
Kiyosaki predicted that the increasing debt burden in the USA puts pressure on the dollar and that a significant amount of dollars may be printed in all markets in the future. The author called this situation “The Great Print” and stated that the US Federal Reserve could print trillions of dollars in the future. From his perspective, it is thought that the rapid increase in the money supply in the market may bring inflation pressure and the depreciation of the dollar.
“This process will begin when the US debt leads to the collapse of the dollar and the Central Bank starts printing trillions of fake dollars,” Kiyosaki said.
Kiyosaki sees cryptocurrencies, especially Bitcoin, which has a limited supply, as a long-term hedge against the devaluation of traditional currencies. In his previous statements, he stated that assets such as gold, silver and Bitcoin offer an alternative store of value against the aggressive monetary policies implemented by governments.
Bitcoin’s Limited Supply and the Search for Opportunity
Kiyosaki’s second reason for purchasing new Bitcoin is that the total supply of the cryptocurrency is strictly limited. According to the Bitcoin protocol, the total number of coins that can be produced is limited to 21 million. The author emphasized that this feature makes Bitcoin a potential value preservation tool in the long term.
Kiyosaki commented, “When the 21 millionth Bitcoin is produced, there will no longer be a new Bitcoin, which will make it a completely limited and portable digital asset. This feature may make it better than gold.”
Another headline emphasized by Kiyosaki was that Bitcoin will become more scarce in the market over time, as its total supply is strictly limited thanks to decentralized blockchain software. It is stated that this point is especially important for long-term investors.
Buying Strategy in Market Drops
Kiyosaki’s purchase fits into his strategy of investing in valuable assets as the market pulls back. The author, who generally acts with a long-term perspective against short-term fluctuations in the markets, argued that the current price declines present an opportunity for investment.
Kiyosaki emphasized acting patiently and increasing long-term positions instead of panic selling during declines. He stated that Bitcoin could be a long-term hedge in case traditional currencies lose value while preserving its role in the future.
