Source: Cointelegraph Original: "{title}"
Financial educator, author of "Rich Dad Poor Dad," and investor Robert Kiyosaki recently predicted that due to the continuous devaluation of the dollar under inflationary monetary policies, the price of Bitcoin (BTC) will reach $1 million by 2035.
Kiyosaki wrote in an X post on April 18: "I firmly believe that by 2035, Bitcoin will exceed $1 million, gold will reach $30,000, and silver will be $3,000 an ounce."
Kiyosaki, who identifies as a precious metals enthusiast, has long maintained that valuable assets like gold, silver, and more recently Bitcoin are key tools in combating inflation and are central to accumulating long-term wealth through economic cycles.
Kiyosaki warned: "By 2025, credit card debt will hit an all-time high, U.S. national debt will also reach an all-time high, unemployment will rise, 401(k) retirement accounts will suffer losses, and pensions are being drained. The U.S. may be heading towards a more severe Great Depression."
Like many supporters of the "sound money" philosophy, Kiyosaki has consistently warned that a financial collapse triggered by expansionary monetary policy and fiscal irresponsibility is imminent. Strong supporters of Bitcoin believe that loose monetary policy will drive Bitcoin prices to seven figures.
Analysts predict Bitcoin will reach $1 million in the 2030s
In May 2024, Twitter co-founder Jack Dorsey predicted that by 2030, the price of one Bitcoin will reach $1 million and may continue to rise.
Trader and investor Michaël van de Poppe stated in November 2024 that Bitcoin could rise to $1 million. However, he noted that this increase is likely to be accompanied by severe inflation and a broader economic collapse.
Blockstream CEO Adam Back stated that if the Trump administration establishes a Bitcoin strategic reserve for the U.S. and begins purchasing Bitcoin on the open market, its price could rise to $1 million each.
On December 10, 2024, Eric Trump delivered a keynote speech at the Bitcoin MENA conference in Abu Dhabi, predicting that due to scarcity, Bitcoin will break through $1 million.
In February 2025, Ark Invest CEO Cathie Wood stated that if demand for Bitcoin continues to grow, it could reach $1.5 million by 2030.
Related: "Cryptocurrency is not communism" — Executives criticize the Bank for International Settlements' views on cryptocurrency.
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