Bitcoin Price Prediction: Kiyosaki Warns of a "Great Depression" - Will BTC Scarcity Drive Growth?

Robert Kiyosaki, the renowned author of "Rich Dad, Poor Dad," has been warning for months that the United States could be heading for what he calls a "Great Depression 2.0." Initially, many dismissed this as overly pessimistic, but recent data makes the concern increasingly difficult to ignore.

The U.S. national debt has surpassed $37 trillion, while household debt has reached a record high of $18.39 trillion. Credit card delinquencies are also rising, indicating that ordinary Americans are struggling to withstand higher borrowing costs.

To make matters worse, the labor market, long considered the strongest pillar of the U.S. economy, has also begun to weaken. In August, the U.S. economy added only 22,000 jobs, and the unemployment rate rose to 4.3%, a four-year high.

Meanwhile, stubborn inflation remains, putting increasing pressure on the Federal Reserve. If interest rate cuts are too slow, economic growth could stagnate further; if they are too aggressive, new problems could arise. Rising corporate bankruptcies, declining consumer confidence, and slowing growth are all exacerbating a sense of market fragility.

Against this backdrop, Kiyosaki's warning is more pertinent than ever. For many investors, Bitcoin's inherent scarcity has regained attention, making it a crucial hedge against economic uncertainty.