Invest in Bitcoin, Stay Away From Dollars, Euros – Featured Bitcoin News
Mexico’s third-richest billionaire has suggested folks to keep away from fiat currencies, just like the greenback and euro, and put money into bitcoin. Calling fiat “fake money made of paper and lies,” he careworn that “central banks are printing more money than ever before.”
Ricardo Salinas Pliego Recommends Investing in Bitcoin, Says Avoid Fiat Money
Mexico’s third-richest billionaire, Ricardo Salinas Pliego, gave some recommendation Friday in a video he posted on Twitter to want his followers completely happy holidays. Salinas is the founder and chairman of Grupo Salinas, a gaggle of firms with pursuits in telecommunications, media, monetary companies, and retail shops. According to Forbes’ listing of billionaires, his internet value is presently $13 billion.
One of the three items of recommendation he gave issues bitcoin and central banks. The billionaire stated:
Stay away from fiat cash. The greenback, the euro, the yen, or the peso — they’re all the identical story. It’s faux cash made from paper and lies. The central banks are printing extra money than ever earlier than. Invest in bitcoin.
This was not the primary time Salinas has suggested folks to purchase bitcoin. In November, the billionaire tweeted “Buy bitcoin right now” citing that the U.S. is “looking more and more like any other irresponsible third world country.” He additionally posted a chart exhibiting what he described as “the scale of fake money creation.”
In June, he introduced plans for his financial institution to just accept BTC. “I recommend the use of bitcoin, and me and my bank are working to be the first bank in Mexico to accept bitcoin,” he tweeted. He additionally believes that “Bitcoin is the new gold,” noting that it’s “much more portable.”
In December, Salinas introduced that his retail chain, Grupo Elektra, a number one retailer in Latin America, has began accepting bitcoin.
Do you agree with Mexico’s third-richest billionaire about fiat cash and bitcoin? Let us know within the feedback part beneath.
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