Mexico’s second-richest man invests 10% of his liquid portfolio in Bitcoin
The 166th wealthiest person in the world has revealed that he has invested in Bitcoin. Ricardo Salinas Pliego, the second-wealthiest man in Mexico, has revealed that 10% of his “liquid portfolio” is invested in Bitcoin (BTC).The billionaire shared a video captured in “a Latin country” depicting banks throwing out garbage bags filled with paper money into a dumpster. He asserted that “paper money is worth nothing,” adding: “That is why it is always good to diversify our investment portfolio.”The video appears to show bags of Venezuelan bolivars being thrown out, including 10,000 bolivar....
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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....
Billionaire founder of Grupo Salinas, Ricardo Salinas Pliego said: "Bitcoin protects the citizen from government expropriation."
Ricardo Salinas Pliego breaks down his Bitcoin investment thesis. Ricardo Salinas Pliego, chairman at conglomerate Grupo Salinas and Mexico’s second richest man, has revealed to Cointelegraph in an interview that he bought his first Bitcoin in 2013, when it was worth around $200. That, according to the billionaire, was his “best investment ever”. After holding it all the way until its 2017 highs, he sold all his positions at $17,000 and bought it again later at a cheaper price. “We always return to the scene of the crime”, he joked. Now Salinas holds around 10% of his liquid portfolio in....
Ricardo Salinas Pliego, Mexico’s third-richest man and founder of Grupo Salinas, sees bitcoin as an asset with extraordinary properties, describing the cryptocurrency as “gold for the modern world.” He recommends bitcoin, thinks that fiat money is a fraud and the idea of the U.S. dollar being a hard currency is a joke. Mexico’s Third-Richest Man Sees Bitcoin as Asset With ‘Extraordinary Properties’ Ricardo Salinas Pliego talked about bitcoin and fiat money in an interview with José Rodríguez, published last week. He explained that he....
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....