There is a Mexican tycoon worth 5 billion USD who did something that makes ordinary people’s scalps tingle.

His name is Ricardo Salinas Pliego, one of the top ten richest people in Mexico, a die-hard Bitcoin believer.
How die-hard? He had his wife mortgage their house to buy Bitcoin.
Not just a small investment, but mortgaging the house itself.
And he publicly encourages everyone to do the same—convert the net value of their house into BTC.
What’s even more extreme is yet to come.
In 2021, he wanted to invest 400 million USD, but didn’t have enough cash, so he mortgaged 416 million USD worth of stocks to borrow 150 million USD—
The lender was a scammer, a "CEO" who sat on a yacht talking business in a video, but was actually someone with a forgery record.
A big shot advocating for everyone to mortgage their houses to buy crypto, but he himself mortgaged his wealth and leveraged himself, only to get scammed.
Given his scale, this amount might be just a drop in the bucket; he was scammed and lost, yet he remains the richest person.
But the problem is, whenever stories of these "big shots mortgaging everything to go all-in" spread, it’s never the big shot at the top who’s most highlighted, but ordinary people who watch the excitement and also want to mortgage something to take a shot.
Coupled with recent news that BTC can now be used as collateral to buy a house, the idea of "everyone exchanging their houses for crypto" sounds really exciting.
But you have to remember one thing:
When the richest person goes all-in and gets scammed, he’s still the richest;
When you go all-in, your house might really disappear.
The same action, in front of different wealth levels, is two completely different games.