'Rich Dad, Poor Dad' author calls for $1 million BTC by 2035

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Coin Telegraph 5d ago

'Rich Dad, Poor Dad' author calls for $1 million BTC by 2035 - Coin Telegraph

Quick Summary:

Blockstream CEO Adam Back said the price of Bitcoin could rise to $1 million per coin if the Trump administration established a Bitcoin strategic reserve for the United States and started buying Bitcoin on the open market.On Dec.10, Eric Trump delivered the keynote speech at the Bitcoin MENA event in Abu Dhabi, United Arab Emirates (UAE), and predicted that Bitcoin would hit $1 million due to its scarcity.

Financial educator, author of Rich Dad, Poor Dad, and investor Robert Kiyosaki recently forecasted a $1 million Bitcoin (BTC) price by 2035 as the US dollar continues to lose value to inflationary monetary policies".

Related: Bitcoin could hit $1M if US buys 1M BTC — Bitcoin Policy InstituteAnalysts eye $1 million BTC in the 2030sIn May 2024, Twitter co-founder Jack Dorsey forecasted that the price of a single BTC would be $1 million by 2030 and could appreciate further.