‘Rich Dad Poor Dad’ Author Reveals When Bitcoin May Hit $1 Million

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As a seasoned investor with a keen interest in both traditional finance and cryptocurrencies, I find Robert Kiyosaki’s insights particularly intriguing. Having read his seminal work “Rich Dad Poor Dad” and closely followed his investment strategies, I can attest to his unique perspective on financial matters.

Financial specialist and Bitcoin investor Robert Kiyosaki, renowned for his best-selling book “Rich Dad Poor Dad” about financial management, recently posted a tweet containing two surprising Bitcoin price forecasts.

He revealed a big reason, why he believes that BTC is likely to soar to $1 million per coin.

AI to shake Bitcoin and the world of money: Kiyosaki

Earlier today, Kiyosaki posted a tweet predicting that Artificial Intelligence (AI) will play a pivotal role in shaping the financial landscape over the coming years. He also hinted at an upcoming book discussing the ways in which AI-powered chatbots could revolutionize our understanding and handling of money.

Robert Kiyosaki expressed his viewpoint that Artificial Intelligence will bring significant changes to the financial sphere, a notion he finds somewhat unsettling. Yet, he also pointed out a potential positive outcome from this shift, focusing on Bitcoin, the world’s most prominent cryptocurrency. Kiyosaki is confident in Bitcoin’s status as a secure investment asset.

A financial specialist predicts that due to the impact of artificial intelligence on the financial sector, it’s possible that Bitcoin could reach an astonishing value of $500,000 in 2025 and even surpass $1 million by the year 2023.

This 77-year old businessman, who has written numerous finance books, frequently discusses both Bitcoin and valuable metals like gold and silver in his tweets. He views these assets as ‘risk-off’ options and anticipates a significant increase in their value during the upcoming years.

The Essential Reading for Today: My friend Jim Rickards has sent me an Advanced Reader Copy of his upcoming book titled “MONEY GPT”. I highly recommend you to get a copy and delve into it. It’s alarming as the developments in AI are set to disrupt the financial world significantly.

— Robert Kiyosaki (@theRealKiyosaki) September 21, 2024

Lately, Kiyosaki weighed in on the intense discussion among gold and Bitcoin investors about which investment is superior, expressing his preference for investing in both physical gold and Bitcoin.

Bitcoin rising after Fed rate cut

One reason Kiyosaki anticipates Bitcoin’s value to surge and consistently purchases BTC is due to the rapidly increasing national debt of the United States. In August, he posted on Twitter that the debt increases by an extra $1 trillion approximately every 100 days. Here, Kiyosaki places his faith in Bitcoin’s built-in scarcity, as its supply is strictly capped at 21 million coins.

This week, Bitcoin has experienced a 7.6% surge, climbing from approximately $59,380 to over $64,000. This upward trend was prompted by the Federal Reserve reducing interest rates by 50 basis points for the first time since 2020.

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2024-09-21 11:01