Robert Kiyosaki, the author of Rich Dad Poor Dad, has released a new Bitcoin price forecast. Kiyosaki predicted that Bitcoin will reach $1 million within the next 10 years and warned that the largest financial collapse in US history is imminent.
In a recent interview with London Real TV, Kiyosaki pointed out that the Federal Reserve and Treasury are issuing 'worthless money' to conceal an already crumbling system. He expressed concern that billions of people relying on fiat currency, stocks, and bonds could face a financial catastrophe.
Kiyosaki recommended converting to physical assets and provided the following price forecasts:
- Bitcoin: Reach $1 million within 10 years
- Gold: $30,000 per ounce
- Silver: Triple from the current $35 this year
Meanwhile, the US national debt is at a worrying level. If the tax-spending package supported by the Republican Party passes, it is expected to add $5 trillion to the already massive deficit.
Elon Musk also expressed sympathy with Kiyosaki's warning. Musk, who previously strongly supported Bitcoin, now views the increasing US debt as a serious economic risk signal.
In the cryptocurrency industry, these warnings from Kiyosaki and Musk are creating a significant impact. As many Americans feel something is amiss with the economy, attention is focused on whether Bitcoin can become a safe asset amid a collapsing system.
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