American businessman and author Robert Kiyosaki has praised Bitcoin, stating that its success is down to its decentralised nature. Kiyosaki, who previously watched BTC climb to $20,000 before dropping to almost $4,000, purchased more of the digital asset when it reached $6,000. He sees BTC as a worthwhile investment and believes it will reach $100,000 soon. Kiyosaki encourages people to acquire more BTC, gold and silver in preparation for an impending market crash on the US dollar. While he recognises Bitcoin as a commodity, he maintains that most alternative coins (altcoins) are considered securities and will be targeted by regulators when classified as such. In February, Kiyosaki predicted that by 2025, Bitcoin would be worth $500,000, while gold and silver would be worth $5,000 and $500, respectively.
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