CryptoUpdated•Originally published 20 June 2026•Updated 20 June 2026•
1 min read
Ricardo Salinas Renews Bitcoin Bet With Long-Term $1 Million Target
Key Facts
1Billionaire Ricardo Salinas stated that fiat currencies are a fraud and Bitcoin is the best way to preserve wealth.
Ricardo Salinas renewed his bullish Bitcoin stance, criticizing fiat currencies as weak stores of wealth and arguing that BTC could reach $1 million over the long term.
Frame the comment as a high-risk investor opinion, not a guaranteed price forecast, and connect it to prior coverage of his heavy Bitcoin allocation.
Traders should monitor BTC liquidity, ETF flows, and broad central-bank policy rather than dated catalysts that had already passed before publication.