Robert Kiyosaki Discusses Bitcoin Halving, Wealth Principles on Twitter

Robert Kiyosaki, a financial entrepreneur, sage, and supporter of Bitcoin who is best known for his book “Rich Dad Poor Dad” on financial literacy, has taken to the Twitter/X platform to discuss the impending Bitcoin halving and alert the Twitter community to it.

The halving is anticipated at block 840,000 in April. By halving the rewards given to miners, the quantity of Bitcoin injected into the market will be reduced by half.

Kiyosaki disclosed a significant rationale for his conviction that the lower and middle classes remain impoverished. He attributes this to their environment, stating that “they have poor family and acquaintances.”

He emphasized the significance of the individuals one subconsciously observes and learns from as role models.

In his tweet, he states, “If you want to be wealthy, you must have wealthy pals, or at the very least, friends who want to be wealthy.”

Kiyosaki enjoys frequently discussing this topic on Twitter with his 2.4 million followers.

Nonetheless, this was followed by an unexpected development: Kiyosaki mentioned the impending Bitcoin halving event for the first time, implying that his followers were conscious of it.

Additionally, he advised his followers to be mindful of gold and silver. However, it is not unusual for him to make such a recommendation; Kiyosaki anticipates that the value of these three assets—Bitcoin, gold, and silver—will soar in the coming years.

About the halving of Bitcoin, this occurrence will mark the fourth halving of the leading cryptocurrency globally. The incentive for BTC miners will decrease from 6.25 BTC to 3.125 BTC.

The enigmatic founder of Bitcoin, Satoshi Nakamoto, implemented this programmed deflationary mechanism in 2009. Satoshi Nakamoto introduced Bitcoin precisely fifteen years ago, in 2009.

Multiple times during the previous year, Kiyosaki divulged his Bitcoin price predictions for the years to come. Initially, he predicted on Twitter that Bitcoin would reach $500,000 by 2025.

However, he lowered his forecast and indicated that the next level for Bitcoin would be $130,000.

Suddenly, on December 3, Bitcoin plummeted by roughly 7 percent. It initially fell to $42,234 but has since managed to recover slightly, trading at $42,960 at the moment.

The reason was a Matrixport report indicating that the SEC might prohibit all Bitcoin spot ETFs.