Mexican Billionaire Backs Bitcoin: A Fortress Against Inflation

Despite Bitcoin’s recent downturn, Mexican business magnate Ricardo Salinas Pliego, ranked as the nation’s third-wealthiest individual, remains steadfastly bullish on the digital asset. On February 23rd, Salinas took to social media, asserting that Bitcoin serves as an essential hedge against inflationary pressures and urged investors to capitalize on the current price dip.

Salinas’s conviction is evident in his portfolio allocation. Last year, he dramatically rebalanced his investments, dedicating a remarkable 70% to Bitcoin-related assets. The remaining 30% was channeled into gold and gold mining stocks, marking a complete divestment from traditional equity and bond markets.

His long-term vision for Bitcoin is ambitious: **Salinas anticipates an eightfold price increase if Bitcoin achieves parity with gold as a store of value.** He views Bitcoin not merely as an investment but as a potent symbol of individual liberty, a necessary counter to what he perceives as overly risky banking systems and the inherent flaws of fiat currencies.

“Rich Dad” Author Predicts Crash, Doubles Down on Bitcoin

Echoing Salinas’s confidence, Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” has also voiced his unwavering belief in Bitcoin. On February 17th, Kiyosaki issued a stark warning, predicting the impending arrival of “the biggest stock market crash in history.” Yet, he framed this impending market correction as an unprecedented opportunity for astute investors to amass substantial wealth.

Kiyosaki has been a long-time advocate for Bitcoin, gold, and silver as crucial tools for hedging against inflation and economic instability. True to his convictions, he revealed that he continued to accumulate Bitcoin during the recent market downturn, specifically making a purchase when its price was around $67,000.

His skepticism towards fiat currencies remains central to his investment philosophy. Kiyosaki contends that the escalating U.S. national debt and the Federal Reserve’s aggressive money printing policies are inevitably paving the way for a collapse of the U.S. dollar. This deep-seated distrust is the driving force behind his consistent strategy of expanding his holdings in physical gold, silver, and cryptocurrencies.

I Am Warning You: In Rich Dad’s Prophecy published 2013 I warned of the biggest stock market crash in history still coming.

That giant crash is now imminent.

The good news is those of you who followed my rich dad’s warning and prepared….the coming crash will make you richer…

— Robert Kiyosaki (@theRealKiyosaki) February 17, 2026

Is Bitcoin’s Recent Dip the Ultimate Buying Opportunity?

A cornerstone of both billionaires’ long-term bullish outlook on Bitcoin is its inherent scarcity. Kiyosaki frequently highlights Bitcoin’s fixed supply cap of 21 million coins, positing that its value could eventually surpass gold once all are mined. With over 19.99 million Bitcoins already in circulation, the remaining extraction is projected to take more than a century.

The cryptocurrency market has recently experienced significant downward pressure. After reaching previous highs, Bitcoin has undergone a notable correction, with its price currently consolidating in the $63,000 to $68,000 range. This period of consolidation follows a substantial pullback from its peak levels.

Market analysts attribute this downturn to several factors, including a weakening in U.S. tech stocks, significant liquidation events, and outflows from spot Bitcoin ETFs. However, for seasoned investors like Kiyosaki and Salinas, these market corrections are not causes for concern but rather golden opportunities. They firmly believe that periods of market turbulence and price drops are precisely when superior assets should be acquired.