Without doing anything about it in the latter part of 2024, Robert Kiyosaki opened a public dispute against the management company BlackRock, to which it attributes an action that caused the decline in bitcoin prices on the market.
With less liquidity in operations, the last days of December 2024 saw a decline in the price of Bitcoin. Despite this, the currency continues to rise 0.83% against the dollar over the past seven days, which today trades at US$94,011.00 per unit.
However, many investors were optimistic that breaking the $100,000 barrier would take prices to new all-time highs. Since this ultimately didn’t happen, investors have highlighted the possible culprits.
It is worth remembering that on the 24th he emphasized that the falling price of bitcoin is a reason for celebration, and not for regret. So everything indicates that he changed his mind due to the subsequent market decline.
Robert Kiyosaki Blames BlackRock for Bitcoin Price Drop and Says He Continues to Believe in a Rise to $350,000 by 2025
In his first exaggerated speech, Robert Kiyosaki called BlackRock CEO Larry Fink a Marxist. According to him, the world had already received the warning through billionaire Vivek Ramaswamy, who publicly attacked BlackRock in the past.
Vivek Ramaswamy is a billionaire who will join Donald Trump’s administrationnext to Elon Musk, in the department called DOGE.
Still, Kiyosaki did not lose his optimism and even blamed BlackRock for bitcoin’s fall, stating that he would continue buying as much as he could. Moreover, he emphasized that he would never trust an ETF from the big management company, which sells bitcoin so that whales can still buy it cheaper.
Although he attacked BlackRock and its CEO, Robert provided no evidence of the sale. Still, he predicted that Bitcoin will rise to $350,000 in value by 2025, which he predicts will more than double in price.
“Larry Fink dumps Bitcoin. VIVEK warned Larry Fink that BLACK ROCK is a Marxist. Vivek warned that Fink and Black Rock are shareholder capitalists, not shareholder capitalists. Equity capitalists are Marxists… like Klaus Schwab, who claims, “One day you will have nothing and be happy.” I like Bitcoin in my own wallet. I wouldn’t trust Bitcoin in the Black Rocks ETF. Black Rock suppresses the price of Bitcoin so whales can buy Bitcoin under $100,000. I will continue to buy more Bitcoin because Bitcoin is rising. I predict Bitcoin will reach $350,000 by 2025.”
Larry Fink dumps Bitcoin. VIVEK warned that BLACK ROCK’s Larry Fink is a Marxist. Vivek warned that Fink & Black Rock are shareholder capitalists, not stakeholder capitalists. Shareholder capitalists are Marxists… like Klaus Schwab who said: “One day you will own nothing and you will…
— Robert Kiyosaki (@theRealKiyosaki) December 27, 2024
After Blaming the Manager, Famous Author Called Larry Fink an ‘Idiot’
Despite Robert Kiyosaki’s main attack, he again expressed his disdain for Larry Fink last Sunday (29).
According to the author: “Vivek warned about BlackRock’s Larry Fink, who really is a “fink.”“.
VIVEK warned BLACK ROCK’Larry Fink is really an idiot.
— Robert Kiyosaki (@theRealKiyosaki) December 30, 2024
Call someone”fink” is a form of slang insultusually used to describe a despicable or treacherous person. The term has a negative connotation and is associated with someone who acts dishonestly, falsely or cannot be trusted.
Once again, he gave no further details about the reason for his campaign against BlackRock, but shows that he remains dissatisfied with Bitcoin’s fall.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
