Kirosaki called bitcoins the first truly rare money in the world, reminding us of the limited supply of 21 million bitcoins. The cryptocurrency’s scarcity will intensify as the number of remaining, unmined coins decreases. Currently, there are 19.93 million bitcoins in circulation, and the purchase of cryptocurrency will accelerate, driven by the growing fear of missing out (FOMO), according to the entrepreneur-writer. He advised his Twitter followers to buy BTC quickly, as there might not be enough bitcoins for everyone.
A few hours later, Kiyosaki posted another tweet, urging investors not to get caught up in the hype surrounding cryptocurrency media headlines predicting the collapse or meteoric rise of Bitcoin. Instead, he advised them to focus on the accelerating growth of the US national debt, which has reached $37 trillion and poses a significant risk of devaluation for the US dollar.
“For thousands of years, gold and silver were the real money. Today, Bitcoin and Ether are the real money,” Kiyosaki wrote in X.
Bitcoin is currently trading at $109,000, with a market capitalization of $2.1 trillion. Over the past week, BTC has lost approximately 1.7% of its value.
Kiyosaki recently revealed that he owns approximately 60 BTC. Recently, a writer named two cryptocurrencies that he believes could be ideal assets for any investment portfolio.
