Mexican Billionaire Ricardo Salinas Remains Bullish on Bitcoin

Mexican billionaire Ricardo Salinas has reaffirmed his stance on bitcoin, despite its recent decline in value. In a social media post, he encouraged his followers to take advantage of the current low price and invest in the cryptocurrency.

Salinas has been a long-time advocate for bitcoin, viewing it as a means of protecting against inflation and maintaining purchasing power. He has stated that 70% of his liquid assets are linked to bitcoin, with the remaining 30% held in gold and shares of gold mining companies.

The billionaire's comments follow a period of significant decline in the value of bitcoin, which has fallen to around $66,000. However, Salinas remains confident in the cryptocurrency's potential and is urging others to invest.