The Rich Dad Radio Show which talks about the good news and bad news about money on YouTube, have made a BTC prediction by 2031, which is shocking.
In the Robert Breedlove interview, talking about BTC Robert Kiyosaki stated, nobody knows where we are going.
Robert Breedlove, host of “what is money” stated it has been an exciting 10 years, but potentially painful for those who were not positioned well. He also stated that it has been transformative. He stated that he has been focusing on Tax Strategies for Investment Partnerships and got involved in crypto assets in 2014 and on how he made it professional in 2017 to further continue his travel in the Bitcoin Rabbit Hole, monitoring history of the government and politics exclusively over the past 4 years.
Robert Breedlove, stated that inflation is the process of stealing of wealth by those who can print money from those who cannot print money.
He rightly pointed to a saying, “Inflation is the surest way to fertilize the rich man’s field with the sweat of the poor man’s brow.”
Rich Dad went ahead stating it has forever been true in history that when bad money enters good money goes on to hiding.
For clarity, Gresham’s law states that if two coins are in circulation whose relative face values differ from their relative bullion content, the ‘dearer’ coin will be extracted from circulation for melting down. He also stated Hitler came in to power because of Gresham’s law. Rich Dad stated, today we are doing the same thing.
Rich Dad was trying to get an answer to those who are trying to save USD from the CPA who has been working with high-networth individuals.
Robert Breedlove approved of the reality of the Gresham’s law.
Rich Dad questioned Robert Breedlove on his prediction for the price of Bitcoin in 2031? Robert Breedlove expressed that by 2031, he expects the USD supply to expand from 20 trillion to 500 trillion. He stated that by 2031, Bitcoin would have continued its growth trajectory and that it would have played out one of these price cycles and possibly break down and get in to a slow grind upwards as people realize it is a game of accumulation. At this point in time, he claimed BTC would have attained 20% of the global purchasing power. So, he states that this would imply Bitcoin’s market cap in 2031 to be about 250 trillion dollars.
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