Invest in Bitcoin, stay away from the US dollar and the euro – Featured Bitcoin news

Invest in Bitcoin, stay away from the US dollar and the euro – Featured Bitcoin news

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Mexico’s third-richest billionaire advises people to stay away from fiat currencies such as the U.S. dollar and euro and invest in Bitcoin. He called legal tender “counterfeit money made of paper and lies” and emphasized that “the central bank prints more money than ever before.”

Ricardo Salinas Pliego recommends investing in Bitcoin, saying to avoid using fiat currencies

Mexico’s third richest billionaire Ricardo Salinas Pliego (Ricardo Salinas Pliego) made some suggestions in a video posted on Twitter on Friday, wishing his followers a happy holiday. Salinas is the founder and chairman of Grupo Salinas, a company interested in telecommunications, media, financial services, and retail stores. According to Forbes’ list of billionaires, his current net worth is 13 billion U.S. dollars.

One of his three recommendations involves Bitcoin and the central bank. The billionaire said:

Stay away from legal tender. Dollars, euros, yen or pesos-they are all the same story. This is fake money and lies made of paper. The central bank prints more currency than ever before. Invest in Bitcoin.

This is not the first time Salinas has advised people to buy Bitcoin. In November, the billionaire wrote on Twitter:Buy bitcoins now“Quoting the United States “looks more and more like any other irresponsible third world country.” He also posted an article chart It showed what he called “the scale of counterfeit currency.”

In June, he announced plans for his bank to accept Bitcoin“I recommend using Bitcoin. My bank and I are working hard to become the first bank in Mexico to accept Bitcoin,” he wrote on Twitter. He also believes that “Bitcoin is the new gold” and points out that it is “more portable.”

In December, Salinas announced his retail chain, Erica GroupLeading retailers in Latin America have begun accepting Bitcoin.

Do you agree with the views of the third largest billionaire in Mexico regarding fiat currency and Bitcoin? Please let us know in the comments section below.

Kevin Helms

As a student of Austrian economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects, and the intersection of economics and cryptography.




Image Source: Shutterstock, Pixabay, Wikimedia Commons

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