Robert Kiyosaki Compares Ethereum at $4,000 to Early Bitcoin Investment
TLDR
- Robert Kiyosaki, author of Rich Dad Poor Dad, predicts ethereum at $4,000 could mirror bitcoin’s early price trajectory and generate similar returns for investors
- Kiyosaki calls ethereum “real money” alongside gold, silver, and bitcoin, urging people to avoid what he terms “fake government money”
- The investor believes ethereum offers both store-of-value potential and practical applications in decentralized finance and industry
- Kiyosaki states he is actively adding ethereum to his investment portfolio along with gold, silver, and bitcoin
- He warns that traditional financial thinking focused on savings accounts and retirement plans will leave people behind as wealth gaps widen
Robert Kiyosaki has made a new prediction about ethereum’s price potential. The author of Rich Dad Poor Dad compared buying ETH at current prices to investing in bitcoin when it traded at the same level.
Kiyosaki posted his views on social media platform X on October 25. He wrote that people who buy ethereum at $4,000 today will be like investors who bought bitcoin at $4,000 years ago.
The best-selling author has been a vocal supporter of bitcoin for years. He calls it “real money” and a protection against fiat currency problems. Recently, he has been discussing ethereum more often.
Kiyosaki stated earlier in October that he has been recommending people save gold, silver, bitcoin, and ethereum. He now sees both cryptocurrencies as important for the future of money.
The investor contrasts what he calls “old thinkers” with “new thinkers” in finance. Old thinkers work longer hours, save money in banks, and invest in retirement plans. New thinkers start businesses and buy assets like gold, silver, bitcoin, and ethereum.
Ethereum’s Utility Beyond Investment
Kiyosaki believes ethereum has advantages beyond just holding value. On October 17, he wrote that silver and ethereum are the best investments because they store value and have industrial uses.
Ethereum currently trades at $4,168.93. The cryptocurrency operates as a platform for smart contracts and decentralized applications. This gives it different characteristics than bitcoin.
Bitcoin has a fixed supply of 21 million coins. The cryptocurrency is often described as digital gold. Ethereum does not have a capped supply like bitcoin.
Key Differences Between Bitcoin and Ethereum
The two cryptocurrencies serve different purposes in the digital asset space. Bitcoin functions primarily as a store of value and medium of exchange. Ethereum powers a programmable blockchain that hosts thousands of applications.
Kiyosaki warns that the wealth gap has grown into what he calls a “Grand Canyon.” Billions of people struggle with inflation and job security. He urges his followers to move away from traditional financial approaches.
The author has sold tens of millions of copies of Rich Dad Poor Dad worldwide. His book has been translated into over 50 languages. He has built a following by criticizing conventional financial advice.
Kiyosaki repeated his message about “fake government money” in mid-October. He told his followers to save real money, which he defines as gold, silver, bitcoin, and ethereum.
Some investors disagree with comparing ethereum’s price potential to bitcoin’s history. The cryptocurrencies have different monetary policies and use cases. These differences affect how each asset may perform over time.
The post Robert Kiyosaki Compares Ethereum at $4,000 to Early Bitcoin Investment appeared first on CoinCentral.
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