₿ A Mexican billionaire keeps 70% of his portfolio in Bitcoin.
Ricardo Salinas Pliego said that around 70% of his investment portfolio is allocated to Bitcoin.
According to him, fiat currencies will continue to lose purchasing power over time, while Bitcoin has already proven itself to be a stronger store of value than traditional assets such as real estate.
Salinas also said that he once advised his wife to mortgage their house and take out a loan to buy Bitcoin. In his view, people should consider moving part of the capital tied up in housing into BTC.
The billionaire expects Bitcoin to eventually reach $1 million, although he did not provide a timeline.
Ricardo Salinas Pliego said that around 70% of his investment portfolio is allocated to Bitcoin.
According to him, fiat currencies will continue to lose purchasing power over time, while Bitcoin has already proven itself to be a stronger store of value than traditional assets such as real estate.
Salinas also said that he once advised his wife to mortgage their house and take out a loan to buy Bitcoin. In his view, people should consider moving part of the capital tied up in housing into BTC.
The billionaire expects Bitcoin to eventually reach $1 million, although he did not provide a timeline.