American author and financial educator Robert Kiyosaki has expressed agreement with the $2.3 million per Bitcoin (BTC) prediction made by Cathie Wood's wealth management company Ark Invest earlier this year.
According to his tweet, Mr. Kiyosaki trusts Mr. Wood's opinion and believes in Mr. Wood's predictions because she is wise and BTC could be worth that amount under the right circumstances. It is said that there is
Ark Invest’s $1 million BTC prediction
In February, Ark Invest released a research report explaining the impact of institutional investment and allocation from the global $250 trillion investable asset base on the price of Bitcoin.
The investment manager explained that BTC could reach $120,000 by allocating 1% of the $250 trillion global investable asset base. Similarly, from 2015 to 2023, if the average allocation for the maximum Sharpe ratio was 4.8%, BTC would be worth $550,000, but if the allocation was 19.4%, the cryptocurrency would be It could soar to $2.3 million.
While Kiyosaki agreed with Ark's prediction, he said the company's analysis could be wrong. However, he said the most important question is how many BTC individuals own and what they think about digital assets.
Kiyosaki revealed that if Ark's prediction had come true, he would have bought more. On the other hand, if the asset manager is wrong, I would happily own zero BTC. Whether Ark is right or wrong, the author of Rich Dad Poor Dad argued that more people will no longer own Bitcoin.
Kiyosaki sees Bitcoin at $2.3 million.
Despite this, Kiyosaki also believes that BTC will reach $2.3 million. He said predictions like Wood's come from the courage to make mistakes and learn from them. In that regard, he urged his followers to “live dangerously” and buy at least some BTC, regardless of the manifestation of Ark's predictions. In doing so, they would become more educated, wiser, and wiser.
“School is the only place on earth where “smart'' people gather who don't make mistakes. “In the real world, the richest and happiest people are the ones who make mistakes and learn from their mistakes,” he said.
Meanwhile, Wood is confident that BTC will be worth $1.5 million by 2030. It is now not a question of if BTC will reach $2.3 million, but when.
