BTC/USD -2.14% Add to/Remove from WatchlistAmid growing worries about potential hyperinflation, author and financial commentator Robert Kiyosaki has reiterated his support for as a hedge against economic uncertainty. Kiyosaki, known for his book "Rich Dad Poor Dad," has been vocal about the value of decentralized currencies, particularly in times when traditional economic structures face challenges. In a past prediction, Kiyosaki suggested that Bitcoin could climb to $100,000 by April. Although this milestone has not been reached, Bitcoin has experienced a modest uptick in its value, currently trading at around $37,600. This continued advocacy for Bitcoin aligns with Kiyosaki's broader investment philosophy that favors assets outside the control of traditional financial systems and governments.

Source: Wall Street Journal November 21, 2023 17:37 UTC