Ricardo Salinas, Mexico's third richest billionaire, has publicly advocated for investing in Bitcoin over real estate. He suggests that homeowners should consider selling their properties or mortgaging them to buy Bitcoin, citing the cryptocurrency's scarcity and deflationary nature as advantages compared to real estate, which involves taxes and maintenance costs. Salinas emphasized that while more homes can be built, more Bitcoin cannot be created, framing Bitcoin as a superior investment. Additionally, he warned that embracing Bitcoin is crucial to avoid economic decline similar to Venezuela's. His advice to "buy a lot of Bitcoin and do not sell" underscores his strong endorsement of the cryptocurrency as a form of financial freedom. Separately, the author of "Rich Dad, Poor Dad" expressed a willingness to buy Bitcoin if its price crashes, indicating continued interest from prominent financial figures.
JUST IN: Rich Dad, Poor Dad author says if price #Bitcoin crashes, “I will be buying.” 🙌 https://t.co/UVudoWyWbh
UPDATE🚨 MEXICO'S THIRD WEALTHIEST TYCOON WARNS: EMBRACE BITCOIN OR RISK YOUR NATION TURNING INTO VENEZUELA! https://t.co/Tc0botc5bJ
JUST IN: MEXICO'S 3rd RICHEST MAN SAYS PEOPLE NEED #BITCOIN TO AVOID BECOMING LIKE VENEZUELA BTC IS FREEDOM MONEY 🧡 https://t.co/xipE9BuWPA