Mexican Billionaire Says It Again: Buy Bitcoin Today — And Thank Him Later?
Recently, Mexican billionaire Ricardo Salinas Pliego recommended investors to purchase bitcoin “immediately.” He asserted that bitcoin is the “new gold” and that the United States is increasingly becoming like an “irresponsible third world country.” Strong words for someone who knows the business. Pliego, who ranks third in Mexico’s list of tycoons, is a vocal supporter […]
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Mexican billionaire Ricardo Salinas Pliego said he is working with his bank, Banco Azteca, to be the first in Mexico to accept bitcoin.
Mexico’s second-richest person Ricardo Salinas Pliego confirms that 10% of his liquid portfolio is invested in bitcoin. The billionaire says the top crypto protects the wealth of private citizens from getting expropriated. Pliego advises his followers that might want to follow his in footsteps to study and understand bitcoin. He also recommends one book, “The Bitcoin Standard,” as one ideal learning tool for learners. A Case For Bitcoin in a Portfolio With an estimated net worth of $11.9 billion, Pliego joins the growing list of millionaires, billionaires, and....
Mexican billionaire Ricardo Salinas Pliego has advised investors to put their money into bitcoin. Salinas who is the third richest man in Mexico advised this due to the rate at which the Fed is printing dollars. Inflation rates have soared in the past year and are expected to continue doing so. The billionaire advises putting […]
The third-richest billionaire in Mexico, Ricardo Salinas Pliego, has shared his experience of living through hyperinflation. He warned that the U.S. and several other civilized countries are “going exactly the same route” his country went through in the 1980s.
Mexican Billionaire Warns About Inflation
Mexico’s third-richest billionaire, Ricardo Salinas Pliego, gave some advice Thursday regarding inflation, hyperinflation, bitcoin, and fiat currencies at the Bitcoin 2022 conference in Miami, Florida.
Salinas is the founder and chairman of Grupo....
Bitreserve has included two new currency accounts pegged at Mexican peso and Indian rupee respectively. With this, people will now be able to transfer and convert bitcoin to pesos and rupees without being affected by bitcoin exchange rate volatility. By adding Indian rupee and Mexican peso, Bitreserve has gained access to a huge chunk of low value- high volume international remittance stream originating from the low income Mexican and Indian emigrant workforce who send money back to their families on a regular basis. With the addition of Bitrupee (BitINR) and Bitpeso (BitMXN), Bitreserve....