Key facts
- Billionaire Ricardo Salinas advocates for Bitcoin as a long-term store of value.
- He compares Bitcoin to real estate.
- Salinas advises purchasing Bitcoin and holding it without frequent monitoring.
Billionaire Ricardo Salinas has suggested that individuals should approach Bitcoin as a long-term investment, drawing a parallel to owning property. He recommended purchasing Bitcoin and holding it without the impulse to constantly check its price, likening it to an asset like a house that is acquired for its enduring value rather than for short-term trading gains.