Bitcoin to $500,000 by 2025 “Thanks” to the Fed- The Cryptonomist
Robert Kiyosakithe author of the famous book “Rich Dad, Poor Dad,” shared in one of his tweets prediction that they see Bitcoin at $500,000 by 2025due to a giant collapse that will put the Fed in trouble.
Robert Kiyosaki’s Bitcoin Prediction: $500,000 by 2025 Due to Fed
Businessman Robert Kiyosaki launched his economic prediction on the social network of crypto lovers, indicating that Bitcoin will be worth $500,000 because of the Federal Reserve (Fed).
Huge crash coming. Depression possible. Fed forced to print billions in fake money. By 2025 gold at $5,000 silver at $500 and Bitcoin at $500,000. Why? Because faith in the American dollar, fake money, will be destroyed. Gold and silver God’s money. Bitcoin people’s $. Have a good time.
— Robert Kiyosaki (@theRealKiyosaki) 13 February 2023
Essentially, Kiyosaki predicts that The Fed will be forced to print trillions of fake dollars to deal with a gigantic coming crash and that this will destroy faith in the US dollar.
To survive over time, those who seek refuge in gold, silver and Bitcoin. It is therefore by 2025, Kiyosaki predicts BTC at $500,000, Gold at $5,000 and Silver at $500.
Kiyosaki’s predictions that have come true
Kiyosaki has also become famous on the globe thanks to the manual “Rich Dad Poor Dad” which has become a bestseller in finance for more than six years in a row.
In this regard, from the moment he decided to enter the crypto world, he has studied the market with his analysis, sharing his predictions before.
The last one was shared in May 2022, then BTC had just touched $29,000. Even at that time, Kiyosaki predicted that the crypto queen would begin its descent, reaching a low around $11,000 to $9,000.
Again, the entrepreneurial economist had cited the behavior of the Fed, which failed to understand the rise in inflation that was already occurring at the time.
In any case, Kiyosaki’s prediction was not entirely wrong. On the contrary, Bitcoin has been falling in price since May 2022, reaching a low of $15,000 in November, just after the collapse of the FTX crypto exchange.
Therefore, it was neither $11,000 nor $9,000, but yes, it predicted drastic drop in BTC’s price from $29,000 to $15,000 occurred.
The latest news about BTC
Recently, Bitcoin has been mentioned in several countries and projects. Among many, that is the case Russia is rumored to be ready for legal use of BTC and mining.
Even Dubai, already pro-bitcoin, seems to have seen the introduction of one new school that will be able to accept BTC and ETH for payment of their fees.
Not only that, known Bitcoin influencers Michael SaylorCEO of MicroStrategy, has launched a online summer internship on open source development on the Bitcoin protocol at his Saylor Academy.
The project is called Saylor Academy’s Summer with Bitcoinand is an initiative of the Constitution Foundation, founded by Michael Saylor in 2008, even before Bitcoin was born