Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, has once again made headlines with his endorsement of a bold Bitcoin prediction. In a recent social media post, Kiyosaki supported MicroStrategy co-founder Michael Saylor’s forecast that Bitcoin could reach $13 million within the next two decades. Despite Kiyosaki’s earlier comments on pausing Bitcoin purchases once the price hits $100,000, he now believes that Saylor’s long-term prediction could prove accurate.

Kiyosaki’s Endorsement of Saylor’s Vision

On November 19, 2024, Bitcoin hit another significant milestone, surpassing $94,000. In the wake of Bitcoin’s price surge, Kiyosaki reaffirmed his confidence in Saylor’s prediction, stating, “I believe he is right. He is one smart boy.” This remark has stirred up discussions within the crypto community, especially since Kiyosaki’s earlier stance suggested he would stop buying Bitcoin once its price hit $100,000.

Saylor’s prediction, made during a September interview with CNBC, asserts that Bitcoin could eventually reach a staggering $13 million per coin within the next 20 years. This forecast is based on the growing adoption of Bitcoin as a store of value and its limited supply compared to traditional currencies.

A Contradiction or Confirmation?

While Kiyosaki’s recent endorsement of Saylor’s prediction may seem to contradict his previous statements, it highlights his long-term confidence in Bitcoin’s potential. In his recent post, Kiyosaki argued that if Saylor’s prediction holds true, those who buy Bitcoin now stand to make substantial returns. “If Saylor is on target… that means for $9,000 today, you buy 0.01 Bitcoin today… you are a millionaire tomorrow,” Kiyosaki claimed.

While the sentiment was bullish, his math was quickly corrected by some of his followers. The actual cost of buying 0.01 Bitcoin at the current price of $90,000 is $900, not $9,000. One user humorously pointed out that Kiyosaki might have skipped the student loan option when making his calculations, poking fun at the author’s previous advice to buy Bitcoin over traditional education.

A Growing Bitcoin Supporter

Despite the math misstep, Kiyosaki’s message is clear: he believes in Bitcoin’s future. His investment philosophy has evolved over time, and he has become a vocal advocate for cryptocurrencies, especially Bitcoin. Kiyosaki has long warned against relying on traditional financial systems and often advocates for alternative assets like gold, silver, and Bitcoin.

Kiyosaki’s endorsement of Bitcoin is significant given his status as a well-known financial commentator. His endorsement not only supports Saylor’s prediction but also aligns with growing interest in digital assets as a hedge against inflation and traditional market volatility.

Why the $13 Million Prediction Makes Sense

Saylor’s $13 million Bitcoin forecast is based on the idea that Bitcoin’s limited supply and growing demand as an alternative asset will push its value higher over time. Bitcoin’s maximum supply is capped at 21 million coins, a feature that makes it immune to inflationary pressures that affect traditional fiat currencies. As more institutions and individuals adopt Bitcoin, its scarcity could drive up the price.

Furthermore, Bitcoin has already demonstrated its resilience, having survived multiple market cycles and showing consistent long-term growth. The adoption of Bitcoin by large institutional investors, such as MicroStrategy and Tesla, along with its increasing use as a store of value, adds weight to the prediction that Bitcoin could continue to rise in value.

Bitcoin’s Growing Appeal

The growing interest in Bitcoin and other cryptocurrencies has been particularly evident over the last few years. While some investors remain skeptical, the increasing institutional adoption and use cases for Bitcoin suggest that it may continue to rise in value. Countries such as El Salvador have even adopted Bitcoin as legal tender, signaling the cryptocurrency’s growing legitimacy.

Additionally, Bitcoin’s role as a hedge against inflation has become more apparent in recent months, with many investors turning to the digital currency as a way to preserve wealth amid rising inflation rates and currency devaluation.

The Road Ahead

While predicting the future of Bitcoin remains speculative, many industry experts believe that it could continue to see significant price increases in the coming years. Saylor’s bold prediction of $13 million per Bitcoin may seem far-fetched to some, but as more investors turn to Bitcoin for its potential to store value, it may not be as improbable as it seems.

For Kiyosaki, the key to success lies in understanding the potential of Bitcoin and other cryptocurrencies. His evolving stance on Bitcoin reflects the growing recognition of the digital currency’s place in the future of finance. Whether or not Bitcoin hits the $13 million mark remains to be seen, but for now, Kiyosaki and Saylor’s confidence in Bitcoin’s future growth continues to resonate within the cryptocurrency community.

Conclusion

Robert Kiyosaki’s support of Michael Saylor’s $13 million Bitcoin prediction is a clear indication of the growing belief in Bitcoin’s long-term potential. Despite some earlier mixed messages about when he would stop buying Bitcoin, Kiyosaki’s endorsement reinforces the idea that Bitcoin could become an increasingly important asset over time. With Bitcoin already achieving significant milestones in its journey, the future of digital currency looks more promising than ever. Whether or not it reaches $13 million, Bitcoin’s role in the global financial landscape is undeniable.