Bitcoin Rate To Reach $500,000, Robert Kiyosaki Assures
Do you still doubt whether to buy cryptocurrencies or not? Do you like what Robert Kiyosaki writes? If your answer to both questions is positive, then you should hurry to buy a cryptocurrency, say, Bitcoin. The Bitcoin rate should be much higher than what it is now.
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Bitcoin Rate Will Grow A Lot
Kiyosaki thinks that “faith in US dollar, fake money, will be destroyed.” He also called gold and silver “the money of the gods” and the first cryptocurrency “a dollar for the people.”
As a reminder, in November 2022, when Bitcoin’s rate was low, Kiyosaki reaffirmed his commitment to it. In other words, this author believes that Bitcoin will become one of the main currencies in the future.
Moreover, Bitcoin analyst Willy Wu predicts that the number of owners of the flagship cryptocurrency will increase over the next three years. He says that by 2026, more than one billion people will own Bitcoins. As a reference, now, there are more than 300 million people who own the digital gold around the world.
Also Read: To Compensate For Bitcoin Mining Damage, We Need To Plant 431.6 Million New Trees
Willy Wu reminded his followers on Twitter that it took Bitcoin six months to build an audience from its first 1,000 users. It took another five years for this number to grow to 1 million. It took 13 years and 8 months after the formation of the genesis block to reach the current indicators.
When comparing with other tech bigwigs, the audience of PayPal is 430 million people, and Twitter’s is 400 million. The crypto expert also believes that the lion’s share of social network users are bots.
The CEO of the blockchain tech firm Blockstream, Adam Back, said that since 2013, the Bitcoin rate has doubled. So if this trend continues, in about nine years, the price of Bitcoin will reach $10 million by 2032. If so, its market capitalization will reach $200 trillion.
By the way, ChatGPT has predicted the Bitcoin rate to reach $50,000 in the next six months.
Bitcoin shows a minimal 2% increase compared to a day before. The asset is trading at $22,152 with a market capitalization of $427.3 billion.
