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Robert Kiyosaki, a popular author and Bitcoin supporter, is back in the headlines after he claims that Bitcoin can reach $ 13 million. The author of “Rich Dad Poor Dad” made his prediction after Michael Saylor’s podcast interview of Strategy made the rounds online last November.
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Podcaster Patrick Bet-David, in a podcast, offered Podcaster Patrick Bet-David a hypothetical question about price action and market capitalization for Bitcoin. He said that if the adoption increases from 0.1% to 7%, a reflection of a 700x price dump, Bitcoin can also achieve $ 13 million from the current price of $ 90k?
Saylor agreed with mathematics and created a buzz online. Kiyosaki is one of the popular Cryptocurrency Commentators who share Saylor’s prediction again add that going for the flagship Crypto is smart.
$ 13 million Bitcoin:…. I believe he is right. He is a smart boy. Bitcoin Today is $ 90,000. If Saylor is on goal … What I think he is … That means today for $ 9,000 … You buy today .01 Bitcoin … you will be a millionaire tomorrow. Definitely beat …
– Robert Kiyosaki (@therealkiyosaki) November 20, 2024
Saylor remains confident on BTC, supports the price projection of $ 13 million
In the interview, Bet-David Saylor asked for the long-term value of his company, knowing that it currently has a market capitalization of $ 73 billion. Bet-David started the discussion with the argument that Bitcoin has a market occupation of 0.1%, which may rise to 7% or an increase of 700x.
If Bitcoin acts at $ 90k and rises to $ 13 million, early Bet-David whether the strategy can hit 144x in 21 years. Saylor agreed with math and anticipates the crypto $ 13 million.
Kiyosaki added his thoughts about this bullish projection and even compared its potential with the costs of education. He shared that 0.1 BTC can easily surpass to the university today and get a $ 50k student debt.
Kiyosaki subsequently destroyed traditional training, in particular the preference for many to register for MBA classes, but still fails to become a millionaire.
Is $ 13 million even realistic for BTC?
The Saylor interview certainly raised a few eyebrows, but he offered some justification for this daring projection. The Strategy Co-founder argued that Bitcoin’s current acceptance rate is 0.1%and it brings it to the market for around $ 95k.
If the demand and acceptance for Bitcoin increases to 7%, he expects a huge price to follow. He further argued that this scenario can push prices in millions per token, because there is a limited range of Bitcoin in circulation. If BTC reaches $ 13 million, a person who is today appreciated 0.01 Bitcoin with $ 9k with $ 130k would be appreciated.
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BTC and MBA: Is there a basis for comparison?
In the same Twitter/X post, Kiyosaki focused on student debt and even argued that keeping digital assets is a Sounter Financial decision than applying for a loan to complete an MBA degree. Kiyosaki shared that it is wiser to invest in Bitcoin than to go down to only complete a “thin MBA”.
Kiyosaki added that Bitcoin’s potential weighs heavier against what an MBA can bring. An MBA program in top American universities can cost everywhere from $ 50k to $ 200k. And many students leave business schools with huge student debts and not a guaranteed ROI.
The popular author then introduced everyone: invest 0.01 BTC for $ 9k today and will be rewarded in the future.
Featured image of Gemini Imagen, Graph of TradingView
