Robert Kiyosaki Predicts Bitcoin to Hit $1 Million by 2035

Robert Kiyosaki, the renowned author of "Rich Dad, Poor Dad," has made a bold prediction about the future price of Bitcoin. In a recent post, Kiyosaki stated that he strongly believes Bitcoin will surpass $1 million by 2035. This prediction is part of a broader outlook on the value of various assets, including gold and silver, which he expects to reach $30,000 and $3,000 per coin, respectively, by the same year. Kiyosaki's forecast is based on his belief that the US dollar will continue to lose value, making Bitcoin and other precious metals attractive hedges against inflation.

Kiyosaki's prediction comes at a time when Bitcoin's price has been relatively stable, currently trading at around $85,000, which is 21.96% lower than its all-time high of $109,114.88. Despite the current consolidation, Kiyosaki's bullish outlook is supported by other influential figures in the economics and tech industry. Jack Dorsey, the co-founder of Twitter, has also predicted that Bitcoin will reach $1 million by 2030, a more optimistic timeline than Kiyosaki's. Michaël van de Poppe, a prominent crypto analyst, shares a similar view, forecasting that Bitcoin will reach $1 million, accompanied by a financial crash and increased inflation.

Adam Back, the CEO of Blockstream, has also made a $1 million Bitcoin price prediction. Back's forecast is based on the recent adoption of Bitcoin by the US government, particularly the creation of a strategic Bitcoin reserve by Donald Trump. Eric Trump, in a speech at the UAE’s MENA gathering, echoed this prediction, stating that the BTC price will reach $1 million. Cathie Wood, the CEO of Ark Invest, has gone even further, predicting that Bitcoin will reach $1.5 million by 2030, driven by the continued demand for digital assets.

Kiyosaki's prediction is also rooted in his concerns about the US economy. In a recent tweet, he warned about the potential for a "greater depression" due to rising credit card debt, high US debt levels, increasing unemployment, and the erosion of pensions. This warning aligns with broader concerns among economists about the continued expansionist monetary policy and its potential impact on the economy. Kiyosaki believes that investing in assets like Bitcoin, gold, and silver can help build generational wealth as the economy undergoes significant changes.

Kiyosaki's comparison of Bitcoin and gold highlights the superior growth of Bitcoin over the past decade. Ten years ago, Bitcoin was trading at $250, while gold was worth $1,200 per ounce. Today, Bitcoin is at nearly $84,000, representing a 33,500% growth, compared to gold's 300% growth to $3,315 per ounce. This comparison underscores Bitcoin's potential as a hedge against inflation and a store of value in an uncertain economic environment.