Robert Kiyosaki, the author of the bestseller “Rich Dad, Poor Dad” and entrepreneur, has aligned himself with MicroStrategy founder Michael Saylor’s forecast of Bitcoin reaching $13 million.
$13 million Bitcoin:….according to Michael Saylor. I believe he is right. He is one smart boy. Bitcoin today is $90,000. If Saylor is on target….which I think he is…. that means for $9,000 today….you buy .01 Bitcoin today…you are a millionaire tomorrow. Sure beats…
— Robert Kiyosaki (@theRealKiyosaki) November 20, 2024
Kiyosaki urged investing in the leading cryptocurrency rather than pursuing a business management degree.
“Bitcoin at $13 million, according to Michael Saylor. I think he is right. He is one smart boy. Bitcoin is currently $90,000. If Saylor is correct, which I think he is, you can buy 0.1 BTC for $9,000 and become a millionaire tomorrow. It certainly beats $50,000 in debt for higher education after years of study for a mere MBA. Get smarter — buy Bitcoin. I already have,” the entrepreneur wrote.
Saylor’s projections suggest Bitcoin will grow by an average of 29% annually, reaching $13 million by 2050. This growth will be driven by widespread institutional adoption and the implementation of regulated solutions for crypto asset custody.
According to CoinMarketCap, the leading cryptocurrency has surged by 150,496,431% since 2010. Recent years show a more conservative trend: Bitcoin fell by approximately 60% in 2022, rose by 155.5% in 2023, and increased by 150.4% since November 2023.
In March, Kiyosaki suggested that the leading cryptocurrency would reach $300,000 in 2024. He later adjusted his forecast to $350,000 by August 25, but this correction proved inaccurate.
The entrepreneur demonstrates his optimism for digital gold in practice. He recently reported holding 73 BTC in his wallets and stated his intention to own 100 BTC next year, regardless of the price.
Previously, Bernstein analysts concluded that appointments to the positions of head of the SEC and U.S. Treasury Secretary under the new administration could propel Bitcoin to $200,000 by 2025.