Mexico's second most rich man invests 10% in Bitcoin
The second richest man in Mexico, Ricardo Salinas Pliego, is the latest billionaire to talk about his position in cryptocurrency. In a tweet recently posted, he revealed that he holds 10% of his net portfolio in assets and indicated his followers a book on Bitcoin.
Hoy les recomiendo EL PATRÓN BITCOIN, este libro es el mejor y más importante para entender #Bitcoin.
— Ricardo Salinas Pliego (@RicardoBSalinas) November 17, 2020
El Bitcoin protege al ciudadano de la expropiación gubernamental.
Muchas personas me preguntan si tengo bitcoins, SÍ. Tengo el 10% de mi portafolio líquido invertido en el 😌💵 pic.twitter.com/6LtFVCXvuA
https://twitter.com/RicardoBSalinas/status/1328850136290775041
Ricardo is the founder of Grupo Salinas, a company founded in 2001 with interests in consumer electronics, sports and television networks. According to Forbes magazine, his fortune is approximately $ 11.7 billion.
The sentiment is similar to what we are increasingly see being said in the four corners of the world: it is necessary to maintain Bitcoin as a protection against the incessant printing of money and the increase in inflation that may come in the coming years.
These concerns are not exaggerated and have already been brought up first hand here on CapBlog! Countries like Venezuela, Argentina, Iran, and a few others are currently suffering from rampant inflation and the absolute devaluation of their fiat currencies, while those who have relied on Bitcoin's deflationary nature are seeing their assets surpass the $ 18,000 mark.