Robert Kiyosaki, a well-known financial author, has made a bold prediction about Bitcoin's future, stating it could reach $1 million by 2035. This assertion comes amid his critique of fiat currencies and warnings of economic instability.
Kiyosaki's Bitcoin Prediction
In a social media post on April 18, Kiyosaki stated, "I strongly believe by 2035 one Bitcoin will be over $1 million." This statement aligns with his long-held view that the US dollar is at risk of irreversible devaluation due to chronic debt and inflation.
Critique of Fiat Currencies
Kiyosaki has long labeled the current financial system a "house of cards" supported by credit expansion and central bank interventions. In his recent post, he added that "in 2025 credit card debt will be at all-time highs, unemployment is rising, and pensions are being stolen."
Agreement Among Other Analysts
Many notable figures in finance have concurred with Kiyosaki's prediction. Jack Dorsey, co-founder of Twitter, predicted Bitcoin would reach $1 million by 2030, while Cathie Wood from Ark Invest believes that with ongoing institutional demand, Bitcoin could reach even $1.5 million by 2030.
Robert Kiyosaki's prediction about Bitcoin sparks discussions among experts. While some view this estimate as overly optimistic, various factors, such as inflation and debt, may contribute to the cryptocurrency's price increase.
