Crypto
Mexican billionaire says bitcoin will hit $1 million but timing unknown
Mexican billionaire Ricardo Salinas says he has allocated about 70 percent of his personal investment portfolio to bitcoin, up from about 10 percent in October 2020. He says bitcoin is superior to fiat currency and the gold standard because it is harder to seize and can be transferred instantly worldwide. He says he expects bitcoin to reach $1 million, though he does not know when.
