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Financial educator, author of Rich Dad, Poor Dad, and investor Robert Kiyosaki recently predicted a $1 million Bitcoin price by 2030.
“In 2030, the probability is Bitcoin will be $1 million a coin,” Kiyosaki said in a June 18 post on X.
The self-described gold bug argued that poor people focus on the price while the rich focus on the quantity of the asset they continue to hold. Although he noted that prices are important, Kiyosaki stressed investors need to prioritize the quantity of Bitcoin, gold, or silver that they own.
“While price is important….the rich will still be those with the most Bitcoin…The quantity you own is more important for your future than the prices,” he said.
Kiyosaki further revealed that he acquired his first Bitcoin when the crypto was valued at $6,000 and has not looked back since then. While he did not divulge more information on the amount he currently holds, the famed author wished he had more “fake money” to buy more of the premier crypto.
Kiyosaki has long contended that safe haven assets such as gold, silver, and Bitcoin are essential hedges against inflation and important for long-term generational wealth accumulation through economic cycles.
Analysts Eye $1 Million BTC By 2030
Kiyosaki is not the only industry figure foreseeing a seven-figure Bitcoin price tag by 2030.
In May 2024, Twitter (now X) co-founder Jack Dorsey said a single BTC would be worth $1 million by 2030 and could appreciate more. While delivering a speech in December at the Bitcoin MENA event in Abu Dhabi, Eric Trump predicted that Bitcoin would hit $1 million owing to its scarcity.
Cathie Wood’s Ark Invest is even more optimistic on Bitcoin’s price prospects. In an April report, the investment manager increased its bull-case Bitcoin price target to as high as $2.4 million by the end of this decade.