Robert Kiyosaki, a well-liked creator and Bitcoin supporter, is again within the headlines after claiming that Bitcoin can hit $13 million. The creator of “Wealthy Dad Poor Dad” made his prediction after Technique’s Michael Saylor’s podcast interview final November made the rounds on-line.
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In a podcast final November, podcaster Patrick Guess-David supplied a hypothetical query on worth motion and market cap for Bitcoin. He mentioned that if adoption will increase from 0.1% to 7%, reflecting a 700x worth surge, can Bitcoin additionally hit $13 million from its present $90k pricing?
Saylor agreed with the mathematics, making a buzz on-line. Kiyosaki is without doubt one of the well-liked cryptocurrency commentators who re-share Saylor’s prediction, including that going for the flagship crypto is sensible.
$13 million Bitcoin:….in keeping with Michael Saylor. I imagine he’s proper. He’s one good boy. Bitcoin right now is $90,000. If Saylor is on the right track….which I feel he’s…. meaning for $9,000 right now….you purchase .01 Bitcoin right now…you’re a millionaire tomorrow. Positive beats…
— Robert Kiyosaki (@theRealKiyosaki) November 20, 2024
Saylor Stays Assured On BTC, Helps The $13M Value Projection
Within the interview, Guess-David requested Saylor about his firm’s long-term worth, figuring out it at present boasts a market cap of $73 billion. Guess-David began the dialogue with the argument that Bitcoin has a 0.1% market adoption, which may probably surge to 7% or a 700x improve.
If Bitcoin trades at $90k and will increase to $13 million, Guess-David requested if Technique can hit 144x in 21 years. Saylor agreed with the mathematics and anticipates the crypto will prime $13 million.
Kiyosaki added his ideas on this bullish projection and even in contrast its potential to the price of training. He shared that 0.1 BTC right now can simply trump going to the college and getting a $50k scholar debt.
Kiyosaki then blasted conventional training, significantly the penchant for a lot of to enroll in MBA courses however nonetheless fail to turn into millionaires.
Is $13M For BTC Even Lifelike?
Saylor’s interview definitely raised a couple of eyebrows, however he supplied some justification for this daring projection. The Technique co-founder argued that Bitcoin’s present adoption price stands at 0.1%, and it markets for round $95k.
Now, if the demand and adoption for Bitcoin improve to 7%, he expects an enormous worth surge to observe. He additional argued that this state of affairs can push costs into thousands and thousands per token since there’s a restricted provide of Bitcoin in circulation. If BTC hits $13 million, an individual holding 0.01 Bitcoin right now for $9k can be valued at $130k.
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BTC And MBA: Is There A Foundation For Comparability?
In the identical Twitter/X put up, Kiyosaki focused scholar debt and even argued that holding digital property is a sounder monetary determination than making use of for a mortgage to finish an MBA diploma. Kiyosaki shared that it’s wiser to put money into Bitcoin now than to go underneath simply to finish a “flimsy MBA”.
Kiyosaki added that Bitcoin’s potential outweighs what an MBA can carry. An MBA program in prime US universities can price wherever from $50k to $200k. And lots of college students usually depart enterprise faculties with enormous scholar money owed and no assured ROI.
The favored creator then instructed to everybody: make investments 0.01 BTC for $9k right now and get rewarded sooner or later.
Featured picture from Gemini Imagen, chart from TradingView