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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 value motion and market cap for Bitcoin. He stated that if adoption will increase from 0.1% to 7%, reflecting a 700x value surge, can Bitcoin additionally hit $13 million from its present $90k pricing?
Saylor agreed with the maths, making a buzz on-line. Kiyosaki is likely one of the widespread 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 consider he’s proper. He’s one good boy. Bitcoin at the moment is $90,000. If Saylor is heading in the right direction….which I believe he’s…. which means for $9,000 at the moment….you purchase .01 Bitcoin at the moment…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 may doubtlessly 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 maths 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 schooling. He shared that 0.1 BTC at the moment 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 develop into millionaires.
Is $13M For BTC Even Life like?
Saylor’s interview definitely raised just a few 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 improve to 7%, he expects an enormous value surge to observe. He additional argued that this situation 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 at the moment 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 publish, Kiyosaki focused scholar debt and even argued that holding digital belongings 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 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 value anyplace from $50k to $200k. And lots of college students typically go away enterprise faculties with big scholar money owed and no assured ROI.
The favored creator then instructed to everybody: make investments 0.01 BTC for $9k at the moment and get rewarded sooner or later.
Featured picture from Gemini Imagen, chart from TradingView
