According to the Finbold article,
‘Rich Dad’ R. Kiyosaki predicts Bitcoin to $1 million if the economy crashes. This is food for thought for those who are foreseeing the economic crash and are unable to find a safe haven for their investments.
Due to the current economic situation and the BRICS, the crash of the dollar seems obvious. Although it will not happen instantly as the US Government will bail out packages in order to maintain the dollar value, however, the question is for how long?
Some people are of the view that if there is an economic crash, then the stock market and the commodities market will crash and so will the bitcoin price will tremble. This may happen but I think the bitcoin will recover quickly and people will invest in the bitcoin. And who knows bitcoin may not fall at all if all this happens in a slow and steady fashion.
That's right, because influential people in the world and big companies have started to adopt Bitcoin, many Bitcoin holders don't want to sell their Bitcoin because they think Bitcoin is one way to maintain their wealth, especially with the limited supply of Bitcoin, so people are competing to own Bitcoin. Due to the scarcity of Bitcoin, it is very possible for Bitcoin to reach 1 million US dollars, that's my view