Ricardo Salinas, the third-richest person in Mexico 🇲🇽, believes that Bitcoin is becoming a new global reserve asset and will soon surpass gold.
He emphasized that the current price of Bitcoin is around $105,000 per coin, with a maximum supply of 21 million, of which approximately 20 million have already been mined. The total market value of all Bitcoin is now over $2 trillion, while the total value of gold worldwide is about $16 trillion.
Therefore, for Bitcoin to match gold’s role as a store of value, its price would need to increase at least 8 times from the current level. The trend of comparing gold vs. Bitcoin is clearly shifting in favor of Bitcoin, and this becomes very apparent when looking at the long-term chart.
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BTC
103,601.68
-0.99%
$XRP
XRP
2.1311
-1.26%
BNB
644.61
+0%
