American author and financial educator Robert Kiyosaki has voiced his agreement with a $2.3 million per Bitcoin prediction that Cathie Wood’s asset management firm Ark Invest made earlier this year., Kiyosaki believes Wood’s predictions because he trusts her opinion, she is smart, and BTC has the potential to become worth that amount under the right circumstances.
The invest manager explained that a 1% allocation from the $250 trillion global investable asset base could push BTC to $120,000. In the same vein, a 4.8% average maximum Sharpe ratio allocation from 2015 to 2023 would have placed BTC at $550,000, while a 19.4% allocation could make the cryptocurrency skyrocket to $2.3 million.
While Kiyosaki concurs with Ark’s predictions, he stated that the firm’s analysis could be wrong. However, he said the most important question is how many BTC an individual owns and what they think about the digital asset. If Ark’s predictions come true, Kiyosaki revealed he would wish he had bought more. On the contrary, if the asset manager is wrong, he would be glad to own zero BTC. Whether Ark is right or wrong, the Rich Dad Poor Dad author insisted that more people would own no Bitcoins.Nevertheless, Kiyosaki also thinks BTC would reach $2.3 million. He said predictions like Wood’s come from a place of courage to make mistakes and learn from them.
“School is the only place on earth where “smart” people are people who never make mistakes. In the real world, the richest and happiest people are people who make mistakes and learn from their mistakes,” he stated.that BTC will be worth $1.5 million by 2030. BTC hitting $2.3 million is now a matter of when, not if.AI Will be One of those Areas Where Blockchain has Genuinely Improved: Flare Network’s CEO Hugo Philion One Weekly Email Can Change Your Crypto Life.
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