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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 stated 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 in style cryptocurrency commentators who re-share Saylor’s prediction, including that going for the flagship crypto is wise.
$13 million Bitcoin:….in response to Michael Saylor. I consider he’s proper. He’s one sensible boy. Bitcoin at this time is $90,000. If Saylor is on track….which I believe he’s…. which means for $9,000 at this time….you purchase .01 Bitcoin at this time…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, realizing it at the moment 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 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 mathematics 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 training. He shared that 0.1 BTC at this time can simply trump going to the college and getting a $50k scholar debt.
Kiyosaki then blasted conventional training, notably the penchant for a lot of to enroll in MBA courses however nonetheless fail to turn into millionaires.
Is $13M For BTC Even Life like?
Saylor’s interview actually 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 enhance to 7%, he expects an enormous worth surge to observe. He additional argued that this situation 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 at this time 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 submit, 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 spend money on Bitcoin now than to go beneath simply to finish a “flimsy MBA”.
Kiyosaki added that Bitcoin’s potential outweighs what an MBA can convey. An MBA program in high US universities can value wherever from $50k to $200k. And plenty of college students typically go away enterprise colleges with large scholar money owed and no assured ROI.
The favored writer then advised to everybody: make investments 0.01 BTC for $9k at this time and get rewarded sooner or later.
Featured picture from Gemini Imagen, chart from TradingView
