$1 million Bitcoin by 2035? Rich Dad Poor Dad author Robert Kiyosaki's bold prediction draws mixed reactions from crypto experts
Robert Kiyosaki, author of Rich Dad Poor Dad, recently predicted that Bitcoin would soar past $1 million by 2035, alongside gold hitting $30,000 per ounce and silver reaching $3,000 per coin. While many view the forecast as wildly optimistic, some in the crypto space believe it may not be entirely far-fetched.
ADVERTISEMENT In a post on X (formerly Twitter), Kiyosaki warned of a looming financial collapse and urged investors to turn to alternative assets. 'The USA may be heading for a GREATER DEPRESSION,' he wrote, recommending Bitcoin, gold, and silver as safe havens. 'For those who take action today… you may come through this crisis as a very rich person.'
Also Read: Rich Dad Poor Dad author Robert Kiyosaki Prediction: $1M Bitcoin, $30K gold, $3K silver by 2035
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Kiyosaki's prediction sparked debate in the crypto community — can Bitcoin really hit $1 million in the next decade?
Edul Patel, Co-founder and CEO of Mudrex, said Kiyosaki's projection is grounded in Bitcoin's long-term fundamentals. 'Historically, we have seen Bitcoin's returns grow at a yearly average of 3000%,' he noted. 'With its deflationary nature, growing institutional interest, and increased regulatory clarity, Bitcoin reaching $1 million by 2035 is a definite possibility.' Shivam Thakral, CEO of BuyUcoin, said Bitcoin's past performance supports the idea of exponential growth. 'In April 2020, Bitcoin was below $8,000. It has now surged over 1000% and touched an all-time high of $109,000,' he pointed out. 'BTC will hit the $1 million mark, but the timeline will depend on macroeconomic factors.'
ADVERTISEMENT He added that with more Bitcoin ETFs and growing institutional participation, the asset could even surpass gold in value over time.Anish Jain, Founder and CEO of W Chain, described the prediction as 'ambitious but not impossible.' With only 21 million bitcoins ever to be mined and growing demand, Jain believes scarcity will play a key role in driving price appreciation. 'The increasing synergy between decentralised and traditional finance will further solidify Bitcoin's role in the global financial system,' he said.
ADVERTISEMENT Devika Mittal, Regional Head at Ava Labs, said Bitcoin's value will rise as long as there is growing demand and regulatory support. 'A fully decentralized asset like Bitcoin cannot be printed or replicated by central banks, making it more valuable than gold,' she said.Mittal emphasized that a strong regulatory framework is essential for digital assets to thrive. 'Bitcoin and other digital assets will play a pivotal role in enabling the transition from Web2 to Web3.'
ADVERTISEMENT While Robert Kiyosaki's $1 million Bitcoin prediction by 2035 may seem extreme, crypto experts agree that the asset has strong fundamentals and long-term potential. The path to such a valuation, however, hinges on broader adoption, regulatory developments, and the global macroeconomic landscape.For now, it remains a bold forecast but not one that the crypto world is ready to dismiss entirely.
Also Read: Rich Dad Poor Dad author Robert Kiyosaki predicts Bitcoin will double to $200k by 2025
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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