Robert Kiyosaki Foresees Bitcoin Price Surge to $1 Million by 2035

Robert Kiyosaki predicts that Bitcoin’s price could surge to $1 million by 2035, citing its potential as a hedge against inflation amid economic challenges. Other notable figures like Jack Dorsey and Cathie Wood share similar bullish forecasts, with BTC outperforming gold over the last decade. This expansive optimism correlates with concerns regarding the US economy’s trajectory and extensive monetary policy.

Robert Kiyosaki, the author of “Rich Dad, Poor Dad,” predicts a significant surge in Bitcoin (BTC) prices, potentially reaching $1 million. Currently, Bitcoin is priced at $85,000, with concerns over a market consolidation and its 21.96% drop from its all-time high of $109,114.88. Kiyosaki is not alone in this optimism; other prominent figures in finance and technology share similar bullish forecasts for Bitcoin’s value.

Kiyosaki’s bullish outlook includes projections for 2035, anticipating Bitcoin over $1 million, alongside gold at $30,000 and silver at $3,000. He warns that the US dollar’s value will decrease significantly, emphasising the importance of diversifying investments into inflation-resistant assets to create generational wealth. Previously an advocate for gold and silver, Kiyosaki now endorses Bitcoin as a viable hedge against inflation.

In his recent comments, Kiyosaki expressed concerns about an impending economic depression, citing rising credit card debt, high national debt, increasing unemployment, and the risk to pensions. His warning aligns with concerns from other economists regarding the current expansive monetary policies in the US, suggesting a potential shift towards a greater economic downturn.

The easing of monetary policy has led to speculations that it will drive Bitcoin prices to $1 million. Jack Dorsey, co-founder of Twitter, shares this optimistic view, with a slightly more accelerated timeline predicting this surge by 2030. Similarly, Michaël van de Poppe concurs, suggesting that Bitcoin’s price rise will correlate with a financial downturn and heightened inflation.

Justifying the $1 million prediction, Adam Back, CEO of Blockstream, believes that recent Bitcoin adoption by the US government, particularly under Donald Trump’s strategic reserve creation, will catalyse price surges. Eric Trump also supports this notion, forecasting Bitcoin prices to hit $1 million. Cathie Wood of Ark Invest goes further, aiming for $1.5 million, driven by the increasing demand for digital assets.

Kiyosaki’s comparison of Bitcoin to traditional hedges such as gold highlights Bitcoin’s superior growth. Over the past decade, Bitcoin saw a remarkable increase from $250 to nearly $84,000, equating to a growth rate of 33,500%, while gold’s value increased from $1,200 to approximately $3,315, representing under 300% growth. This sharp contrast reinforces Bitcoin’s position as a more effective inflation hedge than traditional precious metals.