The founder of the Mexican conglomerate Grupo Salinas Ricardo Salinas Pliego made a bold forecast for bitcoin, saying that sooner or later bitcoin will be considered a more valuable asset than gold.

In a recent interview dedicated to fiat money, Salinas suggested that the market capitalization of bitcoin could soon be equal to gold, the capitalization of which now has about $ 22 trillion. According to the billionaire, Bitcoin has a huge potential for growth, and from the current mark of $ 105,000, it is able to grow at least eight times to equalize gold indicators. Then the bitcoin exchange rate would reach approximately $ 1.1 million per coin.

Salinas noted that in 2023 the Bitcoin growth was 156%, and in 2024 – 121%. Unlike the first cryptocurrency, gold showed a modest increase: in 2023 it amounted to 14%, and last year – 26.59%. Bitcoin has a stronger price dynamics in comparison with precious metal, Salinas emphasized. He believes that in the future, bitcoin will become a new reserve asset that can replace traditional fiat currencies and precious metals.

Salinas is estimated at $ 5.8 billion, and the billionaire is increasingly investing in bitcoin. In an interview, Salinas said that he allocated about 70% of his liquid portfolio on Bitcoin. The remaining 30% of the funds the billionaire distributed gold and gold mining companies. He has no promotions or bonds, except for his own enterprises.

Earlier, Salinas called several reasons for the purchase of bitcoin: the possibility of instant purchase and sale of cryptocurrency, as well as protection against growing inflation and falling the cost of state currencies.