Rich Dad Poor Dad author Robert Kiyosaki has named the reason why the Bitcoin rate could rise to $500,000 in 2025 and to $1 million by 2030.
The entrepreneur spoke about the book "Money GPT", a pilot copy of which he received from the author Jim Rickards. Rickards is an American lawyer and economist who often discusses international macroeconomic issues, inflation, central bank policy and the impact of political events on the global economy.
The book explains how artificial intelligence (AI)-powered chatbots could change the global financial system and undermine economic stability. Rickards argues that AI will increase national security risks and accelerate financial crises by eliminating human intervention and creating a chaotic financial system. Kiyosaki called the book âthe most important book today.â
"It's scary because AI is going to shake up the world of money. The good news is that if Jim Rickards' predictions about AI are correct, Bitcoin could exceed $500,000 in 2025 and break $1 million by 2030," Kiyosaki said.
Kiyosaki previously predicted an inevitable economic collapse, followed by a significant bull run in the crypto market, during which Bitcoin could easily reach $10 million per coin, while gold and silver could reach $15,000 and $110 per ounce, respectively. The writer believes that this scenario is inevitable due to the decline in people's trust in national currencies.
Kiyosaki recently warned followers that Bitcoin could surge as the US Federal Reserve lowers interest rates, causing investors to move away from âfake assetsâ and into gold, silver, and Bitcoin.
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