Compass Investments
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Robert Kiyosaki: Bitcoin=$13M; crypto insights from TheStreet.
Robert Kiyosaki, author of Rich Dad, Poor Dad, supports Michael Saylor's prediction that bitcoin could hit $13 million per coin on November 20, 2024.
Kiyosaki's post on X (formerly Twitter) in which he wrote, $13 million for bitcoin: ... According to Michael Saylor. I believe he's right. He's smart.
He compared bitcoin's potential to traditional education costs and added: #Bitcoin is worth $90000 today. If Sailor is ....... I think she's ...... and I think she's ....... and if that's the case, at today's value of $9000, ...... will buy 0.01 bitcoin. If you buy 0.01 bitcoin today, ..... tomorrow you will be a billionaire.
His remarks followed a discussion between Seylor and Patrick Bet-David, in which Bet-David questioned the long-term valuation of #MicroStrategy (now renamed Strategies. ) Bet-David's calculations showed that if bitcoin 13 million, MicroStrategy could become a $10 trillion company within 20 years.
Can bitcoin really reach $13 million?
Seiler defended this prediction and explained it with math: $13 million. Multiply that by $90000 and you get a big number, he said on November 19, 2024. He argued that if bitcoin penetration increases from the current 0.1% to 7% worldwide, demand will increase significantly, leading to a sharp rise in prices. Given that bitcoin's fixed supply is 21 million coins, this level of penetration could raise the price to millions per coin.
If bitcoin reaches $13 million, owning 0.01 #BTC , which is now worth $9,000, will become
Bitcoin vs. MBA: Which is more valuable?
Kiyosaki also criticizes student debt, saying that investing in bitcoin may be a smarter financial decision than taking out an MBA loan.
"Of course, it's better than taking out $50,000 in student loans.
Years of studying... Than years of studying for a frivolous MBA.
Let's be smart. .... Buy bitcoin now. I.
Read us at: Compass Investments
#Crypto2024 #MarketInsights
Kiyosaki's post on X (formerly Twitter) in which he wrote, $13 million for bitcoin: ... According to Michael Saylor. I believe he's right. He's smart.
He compared bitcoin's potential to traditional education costs and added: #Bitcoin is worth $90000 today. If Sailor is ....... I think she's ...... and I think she's ....... and if that's the case, at today's value of $9000, ...... will buy 0.01 bitcoin. If you buy 0.01 bitcoin today, ..... tomorrow you will be a billionaire.
His remarks followed a discussion between Seylor and Patrick Bet-David, in which Bet-David questioned the long-term valuation of #MicroStrategy (now renamed Strategies. ) Bet-David's calculations showed that if bitcoin 13 million, MicroStrategy could become a $10 trillion company within 20 years.
Can bitcoin really reach $13 million?
Seiler defended this prediction and explained it with math: $13 million. Multiply that by $90000 and you get a big number, he said on November 19, 2024. He argued that if bitcoin penetration increases from the current 0.1% to 7% worldwide, demand will increase significantly, leading to a sharp rise in prices. Given that bitcoin's fixed supply is 21 million coins, this level of penetration could raise the price to millions per coin.
If bitcoin reaches $13 million, owning 0.01 #BTC , which is now worth $9,000, will become
Bitcoin vs. MBA: Which is more valuable?
Kiyosaki also criticizes student debt, saying that investing in bitcoin may be a smarter financial decision than taking out an MBA loan.
"Of course, it's better than taking out $50,000 in student loans.
Years of studying... Than years of studying for a frivolous MBA.
Let's be smart. .... Buy bitcoin now. I.
Read us at: Compass Investments
#Crypto2024 #MarketInsights
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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