Robert Kiyosaki, author of Rich Dad Poor Dad, endorses Bitcoin as a transformative investment opportunity that can help people secure financial success.
The American businessman and author took to X to reflect on a bold prediction from MicroStrategy executive chairman Michael Saylor, who, in September, set a target of $13 million for Bitcoin.
As reported earlier, Saylor predicted that Bitcoin would trade at $13 million over the next 21 years, specifically by 2045. Saylor expects Bitcoin to experience strong demand within this timeframe, capturing 7% of the global capital.
Two months after this prediction, Kiyosaki emphasized that he agreed with it, describing Saylor as ‘one smart boy.’
How to Become a Millionaire Via BTC
Furthermore, he suggested that investors who acquire a fraction of Bitcoin at $90,000 can become millionaires when BTC hits $13 million in 2045, as Saylor projected.
Specifically, he mentioned that Bitcoin was trading at $90,000 at the time of the post. The financial guru indicated that investors could acquire 0.1 BTC for $9,000, automatically making them millionaires if Saylor’s prediction comes to fruition.
At a target of $13 million, a portfolio of 0.1 BTC would be valued at $1.3 million, representing an ROI of 144,344%.
Kiyosaki Slams Conventional Approach to Building Wealth
He contrasted the Bitcoin investment decision with obtaining a $50,000 student loan. He argued that the latter only rewards the borrower with a ‘flimsy MBA’ after studying for several years.
Conclusively, he encouraged his 2.6 million X followers to make smart investment decisions by investing in Bitcoin. His remark portrays Bitcoin as a wealth-building tool compared to the conventional approach, which requires pursuing academic success before achieving financial stability.
His Support for Bitcoin
Kiyosaki has been one of the major Bitcoin advocates, promoting the asset as a hedge against economic uncertainties.
Earlier this year, he revealed that his decision to invest in Bitcoin rather than stocks was to prevent the U.S. Federal Reserve and Wall Street from orchestrating mechanisms like inflation and market manipulation to siphon wealth from the public.
In August, he drummed support for U.S. President-Elect Donald Trump, describing his pro-Bitcoin stance as financial wisdom.
His recent comment follows Bitcoin’s surge to a new all-time high of $94,339. Bitcoin is priced at $94,305 at press time, marking a surge of 2.42% over the past 24 hours.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
