Will Bitcoin surpass gold and become the new global reserve asset?
Billionaire Ricardo Salinas – the 3rd richest person at #mexico – has made a noteworthy observation: Bitcoin is gradually replacing gold as the leading store of value globally.
According to him, with the current price around 105,000 USD/BTC, Bitcoin's market capitalization has exceeded 2 trillion dollars, while the total market value of gold remains around 16 trillion dollars. In the context of Bitcoin's supply being limited to 21 million, and nearly 20 million BTC already mined, Salinas believes Bitcoin has a distinct advantage over gold: scarcity, portability, transparency, and decentralization.
To match gold, the price of each #BTC would need to increase at least 8 times, potentially reaching 800,000 USD in the long term. With the continuous development of financial products related to Bitcoin (such as ETFs, investment funds, collateralized assets…), along with a wave of acceptance from wealthy individuals, financial institutions, and even governments, this scenario is no longer far-fetched.
📈 Looking at the long-term chart, Bitcoin's growth trajectory is clearly dominating compared to gold – a signal indicating a shift in how the world perceives and chooses safe assets.
🔐 However, the crypto market still carries risks and high volatility. Investors should equip themselves with knowledge and a clear strategy before participating.