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Robert Kiyosaki, a well-liked writer and Bitcoin supporter, is again within the headlines after claiming that Bitcoin can hit $13 million. The writer 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 maths, 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 wise.
$13 million Bitcoin:….in keeping with Michael Saylor. I consider he’s proper. He’s one sensible boy. Bitcoin immediately is $90,000. If Saylor is on course….which I believe he’s…. meaning for $9,000 immediately….you purchase .01 Bitcoin immediately…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, understanding 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 might doubtlessly surge to 7% or a 700x enhance.
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 maths and anticipates the crypto will high $13 million.
Kiyosaki added his ideas on this bullish projection and even in contrast its potential to the price of schooling. He shared that 0.1 BTC immediately can simply trump going to the college and getting a $50k scholar debt.
Kiyosaki then blasted conventional schooling, notably the penchant for a lot of to enroll in MBA courses however nonetheless fail to turn out to be millionaires.
Is $13M For BTC Even Practical?
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 fee stands at 0.1%, and it markets for round $95k.
Now, if the demand and adoption for Bitcoin enhance to 7%, he expects a large worth surge to comply with. He additional argued that this state of affairs can push costs into tens of millions per token since there’s a restricted provide of Bitcoin in circulation. If BTC hits $13 million, an individual holding 0.01 Bitcoin immediately for $9k could 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 choice 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 below simply to finish a “flimsy MBA”.
Kiyosaki added that Bitcoin’s potential outweighs what an MBA can carry. An MBA program in high US universities can price wherever from $50k to $200k. And lots of college students usually go away enterprise colleges with big scholar money owed and no assured ROI.
The favored writer then prompt to everybody: make investments 0.01 BTC for $9k immediately and get rewarded sooner or later.
Featured picture from Gemini Imagen, chart from TradingView