Outperforming Buffett! Mexican Billionaire Invests 70% of Wealth All in Bitcoin, Calls Fiat Currency 'Garbage'
Recently, the crypto world was shaken by a bombshell! Mexico’s third richest man, Ricardo Salinas Pliego, has bet nearly 70% of his personal assets (over $10 billion) entirely on BTC! Not only that, he openly stated on social media: "Fiat currency is government-printed garbage, Bitcoin is the real gold!"
Why does this Latin American tycoon dare to be so bold? Here are his three main investment logics
1. Fiat will eventually go to zero:
"Pesos, dollars, euros... they are just pieces of paper crazily printed by central banks!" Salinas said. Bitcoin's total supply is capped at 21 million coins, making it the only solution against inflation. "Scarcity is where value lies, and code is the new order."
2. Buying Bitcoin is buying freedom
As a super-rich individual, he understands the constraints of traditional finance on wealth. Bitcoin's decentralized and censorship-resistant nature is his ultimate weapon against power and monetary abuse. "My money only listens to the code!"
3. Cost below $10,000, early investment saw a thousand-fold profit
He is not only an old player in BTC but his bank, Banco Azteca, is also planning to become the first bank in Latin America to support BTC trading! He has already completed a closed-loop layout of "payment + assets," far beyond what ordinary retail investors can compare.
Take a look at his asset distribution
Bitcoin BTC: 70% "The only asset worth holding long-term! Equity/Real estate 25% "Can still run, but can't outrun inflation.
Cash/Fiat: 5% "Garbage that must be kept.
Global whales have started hoarding
MicroStrategy: Holds 214,000 BTC, CEO claims: "Sell BTC? Unless I find something harder!"
Salvadoran President Bukele: The country invests in BTC as a national strategy.
Wall Street giants: BlackRock, Fidelity, and other ETF giants are frantically raising funds, with over $500 million inflow in a single day!
"Don't wait until central banks turn your money into worthless paper before you think of Bitcoin." Ricardo Salinas Pliego
When a billionaire with a net worth of $16.8 billion abandons fiat currency, the national team hoards coins, and capital giants enter the market collectively... are you still hesitating to get on board?
In this era, there is no middle option. Either get on board or be crushed by the times.
