Robert Kiyosaki, the author of Rich Dad, Poor Dad, predicted that Bitcoin may hit $350,000 by August 25, 2024.
In a recent tweet, Kiyosaki stated, “BITCOIN will be $350,000 by August 25, 2024 is not a lie. It’s a prediction. It’s speculation, it’s an opinion, but it’s not a lie. It’s suckers bait, but it’s not a lie because any prediction about the future is not a lie. ”
Kiyosaki emphasizes that his comment is a prediction based on his belief in the incompetence of present US politicians, not certainty about Bitcoin itself. He compares President Biden, Treasury Secretary Yellen, and Fed Chair Powell to the Three Stooges, expressing tremendous confidence in their lack of competency.
This lack of faith, according to Kiyosaki, is a major driver behind his bullish Bitcoin prediction. He is optimistic about Bitcoin’s price rise, albeit describing it as a goal, ambition, and wish.
He will continue to acquire Bitcoin, Ethereum, and Solana because he believes their prices will climb.
He also advised everyone to buy additional Gold, Silver, Bitcoin, Solana, and Etherqeum.
Kiyosaki’s prediction reignites the ongoing debate about Bitcoin’s role in the future of finance. Bitcoin’s core characteristics – finite supply, decentralized nature, and transparency appeal to many investors seeking alternatives to traditional, government-controlled currencies. Kiyosaki’s stance reflects a growing sentiment that Bitcoin could become a mainstream asset class, similar to gold or real estate.
Should Kiyosaki’s prediction prove accurate, it would undoubtedly be a landmark moment for Bitcoin and the entire cryptocurrency market. A surge to $350,000 in just a few months would propel Bitcoin further into the financial spotlight, potentially attracting a new wave of investors and accelerating mainstream adoption.
Additionally, Jack Dorsey, an American Internet entrepreneur and Twitter co-founder, forecasts its price to reach $1 million or more by 2030.
Also Read: Bitcoin Price Plunge: Analysts Debate Future