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Salinas Pliego: Sell Your Real Estate and Buy Bitcoin

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by Giorgi Kostiuk

11 hours ago


Recent statements by Mexican billionaire Ricardo Salinas Pliego advocating for selling real estate to invest in Bitcoin have sparked considerable resonance in the investment community.

Ricardo Salinas Pliego's Position

Ricardo Salinas Pliego, chairman of Grupo Salinas, advised people to sell their homes and invest in Bitcoin. He claims that real estate is no longer a reliable asset, especially in times of economic instability.

Advantages of Bitcoin

Salinas emphasizes that Bitcoin is capped at 21 million coins and possesses deflationary properties, making it a safer investment compared to real estate. He also points out that traditional currencies are losing value due to inflation.

Reactions to the Statement

His call has sparked active discussions, especially in Latin America, where economic instability drives people to consider alternative assets. Some experts caution that real estate still offers tangible value and steady rental income.

Ricardo Salinas Pliego's statement to sell real estate and buy Bitcoin highlights the changing role of cryptocurrencies in global finance and the growing interest in them as a hedge against inflation.

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