{"id":547382,"date":"2023-08-15T19:00:39","date_gmt":"2023-08-15T19:00:39","guid":{"rendered":"https:\/\/wncen.com\/?p=547382"},"modified":"2024-06-11T08:10:40","modified_gmt":"2024-06-11T08:10:40","slug":"bitcoin-price-will-reach-1-million","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-will-reach-1-million\/","title":{"rendered":"Renowned Finance Author Says Bitcoin Price Will Reach $1 Million If This Happens"},"content":{"rendered":"

Bitcoin’s creator, Satoshi Nakamoto, created Bitcoin in response to the 2008 financial crisis as an alternative to government-controlled money. Since then, Bitcoin has gone to spearhead the crypto industry, with many investors calling it digital gold. Now, renowned finance author Robert Kiyosaki has argued that Bitcoin price could reach $100,000 soon and go as high as $1 million.<\/span><\/p>\n

Bold Prediction On Bitcoin<\/h2>\n

Robert Kiyosaki, best known for his bestselling book \u2018Rich Dad Poor Dad,\u2019 is known to make very bullish predictions on the price of Bitcoin. In a recent post on social media platform X, formerly known as Twitter, Kiyosaki tweeted of Bitcoin reaching 100,000 soon, calling it the “people’s gold.” However, a stock and bond market crash could see Bitcoin reach $1 million.<\/span><\/p>\n

Related Reading: US Prosecutors Accuse FTX\u2019s Sam Bankman-Fried Of Using $100M To Curry Political Favors<\/a><\/div>\n

Kiyosaki also shared his predictions on gold and silver, calling them “GOD\u2019S money.” According to the finance educator, gold and silver can reach $75,000 and $60,000 respectively if the world economy crashes.\u00a0<\/span><\/p>\n

\n

BITCOIN to $100k. Saying for years gold&silver GOD\u2019S money. BITCOIN peoples $. Bad news IF stock & bond market crash gold&silver skyrocket. WORSE NEWS IF world economy crashes BC $1 million Gold $ 75K silver to $60k. SAVERS of FAKE US $ F\u2019d. DEBT too high. Mom, Pop & kids in\u2026<\/p>\n

\u2014 Robert Kiyosaki (@theRealKiyosaki) August 14, 2023<\/a><\/p><\/blockquote>\n

He explained that if the economy collapsed, the value of government-issued currencies would drop drastically. As people lose faith in fiat money, many would turn to Bitcoin and precious metals as an alternative store of value. The increased demand, coupled with the limited supply of Bitcoin, would cause the price to skyrocket.<\/span><\/p>\n

Earlier this year, Kiyosaki made a <\/span>similar claim<\/span><\/a> regarding Bitcoin, touting a price of $500,000 for each Bitcoin by 2025. <\/span>Michael Saylor<\/span><\/a>, another big name in the finance sector, predicted a <\/span>similar price<\/span><\/a> of $1 million for BTC in the next few years.<\/span><\/p>\n

What Is The Basis For The $1 Million Bitcoin Price Prediction?<\/h2>\n

Kiyosaki’s recent predictions about the US dollar, in particular, have come on the heels of the BRICS alliance, which is now gaining traction. BRICS, which is an alliance between the emerging economies of Brazil, Russia, India, China, and South Africa, has gained ground in its campaign to support the reduction of transactions in the US dollar and the promotion of trading and settlement in local currencies.\u00a0<\/span><\/p>\n

As a result, many names in finance have seen this as a plan to de-dollarize trades in the BRICS countries, with reports of Saudi Arabia and possibly Mexico and Japan joining them. Reports are also that the BRICS alliance is working on creating a new currency backed by gold to settle global trades.\u00a0<\/span><\/p>\n

Related Reading: BALD Deployer Moves Proceeds Of The Rug From Base To Ethereum<\/a><\/div>\n

According to Kiyosaki, the only saving grace for everyday investors is to get into real gold, silver, and Bitcoin as stores of value. \u201cSAVERS of FAKE US $ F\u2019d,\u201d Kiyosaki tweeted.<\/span><\/p>\n

\n

Giant crash coming. Fake money-aka fist currency to die. BRUCS meeting in S. Africa August 22 to put nail in coffin of fiat\u2026fake money. Get into real gold, silver & Bitcoin asap. Take care. End of fiat (fake) money near.<\/p>\n

\u2014 Robert Kiyosaki (@theRealKiyosaki) July 13, 2023<\/a><\/p><\/blockquote>\n

\"Bitcoin<\/p>\n

BTC price continues to hold $29,000 support | Source: BTCUSD on Tradingview.com\u00a0<\/a><\/pre>\n
Featured image from iStock, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Bitcoin’s creator, Satoshi Nakamoto, created Bitcoin in response to the 2008 financial crisis as an alternative to government-controlled money. Since then, Bitcoin has gone to spearhead the crypto industry, with many investors calling it digital gold. Now, renowned finance author Robert Kiyosaki has argued that Bitcoin price could reach $100,000 soon and go as high as $1 million. Bold Prediction On Bitcoin Robert Kiyosaki, best known for his bestselling book \u2018Rich Dad Poor Dad,\u2019 is known to make very bullish predictions on the price of Bitcoin. In a recent post on social media platform X, formerly known as Twitter, Kiyosaki tweeted of Bitcoin reaching 100,000 soon, calling it the “people’s gold.” However, a stock and bond market crash could see Bitcoin reach $1 million. Related Reading: US Prosecutors Accuse FTX\u2019s Sam Bankman-Fried Of Using $100M To Curry Political Favors Kiyosaki also shared his predictions on gold and silver, calling them “GOD\u2019S money.” According to the finance educator, gold and silver can reach $75,000 and $60,000 respectively if the world economy crashes.\u00a0 BITCOIN to $100k. Saying for years gold&silver GOD\u2019S money. BITCOIN peoples $. Bad news IF stock & bond market crash gold&silver skyrocket. WORSE NEWS IF world economy crashes BC $1 million Gold $ 75K silver to $60k. SAVERS of FAKE US $ F\u2019d. DEBT too high. Mom, Pop & kids in\u2026 \u2014 Robert Kiyosaki (@theRealKiyosaki) August 14, 2023 He explained that if the economy collapsed, the value of government-issued currencies would drop drastically. As people lose faith in fiat money, many would turn to Bitcoin and precious metals as an alternative store of value. The increased demand, coupled with the limited supply of Bitcoin, would cause the price to skyrocket. Earlier this year, Kiyosaki made a similar claim regarding Bitcoin, touting a price of $500,000 for each Bitcoin by 2025. Michael Saylor, another big name in the finance sector, predicted a similar price of $1 million for BTC in the next few years. What Is The Basis For The $1 Million Bitcoin Price Prediction? Kiyosaki’s recent predictions about the US dollar, in particular, have come on the heels of the BRICS alliance, which is now gaining traction. BRICS, which is an alliance between the emerging economies of Brazil, Russia, India, China, and South Africa, has gained ground in its campaign to support the reduction of transactions in the US dollar and the promotion of trading and settlement in local currencies.\u00a0 As a result, many names in finance have seen this as a plan to de-dollarize trades in the BRICS countries, with reports of Saudi Arabia and possibly Mexico and Japan joining them. Reports are also that the BRICS alliance is working on creating a new currency backed by gold to settle global trades.\u00a0 Related Reading: BALD Deployer Moves Proceeds Of The Rug From Base To Ethereum According to Kiyosaki, the only saving grace for everyday investors is to get into real gold, silver, and Bitcoin as stores of value. \u201cSAVERS of FAKE US $ F\u2019d,\u201d Kiyosaki tweeted. Giant crash coming. Fake money-aka fist currency to die. BRUCS meeting in S. Africa August 22 to put nail in coffin of fiat\u2026fake money. Get into real gold, silver & Bitcoin asap. Take care. End of fiat (fake) money near. \u2014 Robert Kiyosaki (@theRealKiyosaki) July 13, 2023 BTC price continues to hold $29,000 support | Source: BTCUSD on Tradingview.com\u00a0 Featured image from iStock, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":547383,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,678,679,1119,1144,78790],"class_list":["post-547382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-prediction","tag-bitcoin-price","tag-btc","tag-btcusd","tag-btcusdt"],"acf":[],"yoast_head":"\nRenowned Finance Author Says Bitcoin Price Will Reach $1 Million If This Happens<\/title>\n<meta name=\"description\" content=\"Now, renowned finance author Robert Kiyosaki has argued that Bitcoin price could 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Renowned Finance Author Says Bitcoin Price Will Reach $1 Million If This Happens","url":"http:\/\/wncen.com\/news\/bitcoin-price-will-reach-1-million\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-price-will-reach-1-million\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-1356848899-1.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-1356848899-1.jpg?fit=1254%2C836"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin prediction","bitcoin price","btc","btcusd","btcusdt"],"dateCreated":"2023-08-15T19:00:39Z","datePublished":"2023-08-15T19:00:39Z","dateModified":"2024-06-11T08:10:40Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Renowned Finance Author Says Bitcoin Price Will Reach $1 Million If This Happens\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-price-will-reach-1-million\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-price-will-reach-1-million\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/iStock-1356848899-1.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/iStock-1356848899-1.jpg?fit=1254%2C836\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin prediction\",\"bitcoin price\",\"btc\",\"btcusd\",\"btcusdt\"],\"dateCreated\":\"2023-08-15T19:00:39Z\",\"datePublished\":\"2023-08-15T19:00:39Z\",\"dateModified\":\"2024-06-11T08:10:40Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-1356848899-1.jpg?fit=1254%2C836","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/547382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=547382"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/547382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/547383"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=547382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=547382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=547382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}