Mexican Billionaire Says Bitcoin Is A Better Option Than Fiat Money
Bitcoin is a better option than fiat money, said Mexico’s third richest man, Ricardo Salinas, in an interview. Bitcoin, Salinas said, is unseizable and can be transferred instantly worldwide, contrary to fiat and the gold standard.Bitcoin is a better option than fiat money, said Mexico’s third richest man, Ricardo Salinas, in an interview. Bitcoin, Salinas said, is unseizable and can be transferred instantly worldwide, contrary to fiat and the gold standard.“The gold standard has always been subject to governmental intervention,” Salinas said. “And fiat allows you to finance....
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Mexican billionaire Ricardo Salinas Pliego has always been a big proponent of bitcoin. The billionaire has numerous times told investors to invest in bitcoin over fiat given the potential of the former and how it can serve as an inflation hedge. He has once again openly shown support for the digital asset in a Christmas video where he has advised investors to steer clear of fiat and invest their money in bitcoin. Dishing Out Bitcoin Advice For The Holidays In the video posted on his Twitter account with almost 1 million followers, the billionaire gave out some important life and investing....
Mexican billionaire Ricardo Salinas Pliego said he is working with his bank, Banco Azteca, to be the first in Mexico to accept bitcoin.
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 […]
According to a Bloomberg report published on March 4, Mexican billionaire Ricardo Salinas has up to 70% exposure to Bitcoin (BTC) and related investments. The Bloomberg Billionaires Index estimates Salinas’ current net worth at approximately $5.8 billion. Salinas’ High Bitcoin Exposure BTC continues to attract high-net-worth investors, with Mexican business tycoon Ricardo Salinas emerging as […]
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 […]