In an era where financial digitalization becomes increasingly prominent, Robert Kiyosaki, the renowned author of “Rich Dad, Poor Dad”, stands out for his fervent support of Bitcoin and his scathing criticism of the US dollar. Known for his avant-garde outlook on investing, including his enthusiasm for assets like gold and silver, Kiyosaki recently had yet another reason to celebrate: Bitcoin's impressive performance.
This year, the world's leading cryptocurrency gave Kiyosaki and other enthusiasts plenty of reasons to celebrate. In particular, on February 28th, Bitcoin reached a notable milestone, surpassing the $60.000 barrier for the first time since 2021. This remarkable increase, of over $11.000 in just five days, was reason enough for Kiyosaki to express his gratitude to cryptocurrency through a post on X, where he thanked Bitcoin for “kicking the fake US dollar’s ass.”
Thank you BITCOiN for doing your job….kicking the fake US dollar's butt and bringing integrity back to money.
—Robert Kiyosaki (@theRealKiyosaki) February 29, 2024
Bitcoin's trajectory in recent months is indeed remarkable. With a substantial recovery beginning in the last quarter of 2023, the digital currency has seen an increase of over 160% in value over the last 52 weeks. At the time of publication, the BTC price it was quoted at US$62.742,27 with an increase of 6% in the last 24 hours.
This exceptional performance reignites the debate over Bitcoin's potential to establish itself as a superior form of money, a debate that can only be resolved with wider adoption of the cryptocurrency.
While some argue that Bitcoin's true usefulness as a currency is yet to be proven, one cannot deny the significant impact it has had on the financial world and public perception of the value and stability of conventional fiat currencies.
