Mexican billionaire with 70% of his investment portfolio in bitcoin says it's better than real estate (opens original article in a new tab)

Mexican billionaire Ricardo Salinas has allocated 70% of his portfolio to bitcoin, arguing it outperforms real estate and traditional currencies, citing its scarcity and long-term appreciation.

• Mexican billionaire Ricardo Salinas has 70% of his investment portfolio in bitcoin
• Salinas argues bitcoin outperforms real estate since 2016 and compares its value to gold
• Salinas believes fiat currencies lose purchasing power over time and sees bitcoin as a scarce asset