This Billionaire Says Bitcoin Is a Better Investment Than Real Estate. Is He Right?

This Billionaire Says Bitcoin Is a Better Investment Than Real Estate. Is He Right?

Key PointsMexican billionaire Ricardo Salinas now holds 70% of his investable portfolio in Bitcoin.According to Salinas, Bitcoin will continue to outperform other asset classes over time.Bitcoin could hit a price of $1 million within the next decade.10 stocks we like better than Bitcoin › There are two types of Bitcoin (CRYPTO: BTC) investors. There are short-term momentum traders who prize Bitcoin's impressive upside potential over brief period…

BITCOIN | Mexican Billionaire Says 70% of Investment Portfolio is Allocated to Bitcoin

Mexican billionaire, Ricardo Salinas, is doubling down on one of the most concentrated cryptocurrency bets among the world’s wealthy, saying roughly 70% of his investment portfolio is allocated to Bitcoin as he argues the digital asset has become a superior long-term store of value compared with real estate. The founder of Grupo Salinas said property has become increasingly burdened by taxes, maintenance costs, and illiquidity, while Bitcoin off…

Ricardo Salinas Says Fiat Is a Fraud, Explains Why Bitcoin Could Hit $1 Million

The post Ricardo Salinas Says Fiat Is a Fraud, Explains Why Bitcoin Could Hit $1 Million appeared first on Coinpedia Fintech News Billionaire investor Ricardo Salinas has shared a bullish outlook on Bitcoin. He argued that the world’s financial...

Billionaire Ricardo Salinas says people should treat Bitcoin like a house, not a trading account.