Author: Kurumi, Crypto City
Mexican Billionaire Bets Big on Bitcoin as a Hedge Against Inflation
Despite Bitcoin’s decline, Mexico’s third-richest person, Ricardo Salinas Pliego, remains bullish. On February 23, he posted that investing in Bitcoin can protect assets from inflation and urged investors to buy quickly when prices drop.
Last year, Ricardo shifted up to 70% of his portfolio into Bitcoin-related assets, with the remaining 30% invested in gold and gold mining stocks, completely exiting traditional stocks and bonds.
He predicts that if Bitcoin can store value as effectively as gold, its price could increase at least eightfold. Most people are constrained by government systems, and he views Bitcoin as a symbol of personal freedom, expressing distrust in fiat currencies and the overly risky banking system.
Rich Dad Warns of Stock Market Crash, Adds to Bitcoin Holdings
Robert Kiyosaki, author of Rich Dad Poor Dad, also has confidence in Bitcoin. On February 17, he warned that the biggest stock market crash in history is imminent, claiming that this market correction will bring enormous wealth to prepared investors.
Kiyosaki has long recommended Bitcoin, gold, and silver as hedges against inflation. During market downturns, he continues to buy more, revealing he purchased Bitcoin again when it was at $67,000.
He remains steadfast in his distrust of fiat currencies, believing that the US’s rising debt and the Federal Reserve’s massive money printing will lead to the collapse of the dollar. This is why he insists on increasing holdings of physical gold, silver, and cryptocurrencies.
I Am Warning You: In Rich Dad’s Prophecy published in 2013, I warned of the biggest stock market crash in history still to come.
That giant crash is now imminent.
The good news is those of you who followed my Rich Dad’s warning and prepared… the upcoming crash will make you richer…
— Robert Kiyosaki (@theRealKiyosaki) February 17, 2026
Has Bitcoin’s Buying Opportunity Emerged After Major Drop?
Bitcoin’s scarcity is a key reason these two billionaires are optimistic about its long-term prospects. Kiyosaki emphasizes that Bitcoin’s maximum supply is 21 million coins, and once all are mined, its value could surpass gold.
Currently, over 19.99 million Bitcoins have been mined, but complete mining is expected to take over 100 years.
Recently, the crypto market has faced downward pressure. After reaching an all-time high of about $126,000 in October last year, Bitcoin has fallen sharply. Its recent price has stabilized between $63,000 and $68,000, representing a roughly 50% decline from the peak.
Market investors believe Bitcoin’s decline is mainly due to weakness in US tech stocks, liquidations, and outflows from spot ETFs. Nonetheless, both Kiyosaki and Ricardo see this market crash as an excellent opportunity to acquire quality assets.
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