Robert Kiyosaki: Bitcoin price could rise to $1 million

Robert Kiyosaki, author of the bestselling book Rich Dad Poor Dad and entrepreneur, predicted that the price of the first cryptocurrency would rise to $1 million in the event of a global economic collapse.

“Bad news: if the stock and bond market crashes, gold and silver will skyrocket. The news is worse: in the event of a global economic collapse, bitcoin will reach $1 million, gold $75,000, silver $60,000,” he wrote.

According to the investor, the US national debt is “too high.” He also called gold and silver “God’s money” and bitcoin “the people’s dollar.”

This is not the first time Kiyosaki has urged subscribers to choose alternative investment options. In September 2022, he predicted the “greatest crash in history”, and in October he recommended buying the first cryptocurrency and other digital assets against the backdrop of a rising rate. Fed.

In February 2023, the entrepreneur predicted Bitcoin to rise to $500,000 by 2025 and called it the best insurance in volatile times, but warned about the volatility of the asset.

Recall that in March, Kiyosaki called for the purchase of digital gold and precious metals before the “crash landing” amid problems with US banks. The entrepreneur repeated his recommendations in April and May.

Source: Cryptocurrency

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