Lightspark CEO and former Meta executive David Marcus said Bitcoin (BTC) is significantly undervalued compared to gold. He said Bitcoin is being positioned as the “internet of money” and its true potential hasn’t yet been realized through price action.
In an interview, Marcus stated that Bitcoin should reach a much higher value if compared to gold:
“If Bitcoin were worth as much as gold, it would be trading at $1.3 million right now. It’s just a matter of time.”
Marcus previously attributed the failure of the Libra project, which he developed within Meta, to regulatory pressure. However, he argued that Bitcoin is different because it has a decentralized structure that is independent of anyone:
“Libra had one leader, one institution, and that made it vulnerable to political pressure. Bitcoin, like the internet, doesn’t belong to anyone. That’s why Bitcoin is the internet of money.”
Marcus also noted that the current Trump administration has a more positive approach towards cryptocurrencies than the previous administration:
“The previous administration put serious barriers to the industry. Things are much better now, as major financial institutions and ETFs are now embracing Bitcoin. There’s no going back.”
Marcus explained that his company, Lightspark, is built on Bitcoin and the Lightning Network, and that the company has Bitcoin liquidity to facilitate transactions. He also explained that they offer Bitcoin-based real-time transactions and stablecoin support through Spark, the company’s new layer.
Marcus said that Bitcoin should be considered not only as an investment tool but also as a global neutral payment network:
“Bitcoin’s potential as a global payments infrastructure hasn’t yet been reflected in its price. We’re still incredibly early for this asset and network.”
*This is not investment advice.