Mexico’s Third Richest Billionaire Says Buy Bitcoin, Forget About Selling, You’ll Thank Me Later

2 years ago

Mexico's Third Richest Billionaire Says Buy Bitcoin, Forget About Selling, You'll Thank Me Later

The third-richest billionaire successful Mexico, Ricardo Salinas Pliego, advises to bargain bitcoin, support buying portion the terms is inactive low, and clasp the crypto without reasoning of selling. “Trust me, you’re going to convey maine later,” helium affirmed.

Billionaire Ricardo Salinas Pliego’s Bitcoin Advice

Mexico’s third-richest billionaire, Ricardo Salinas Pliego, gave immoderate proposal Saturday astir investing successful bitcoin.

Salinas is the laminitis and president of Grupo Salinas, a radical of companies with interests successful telecommunications, media, fiscal services, and retail stores. According to Forbes’ database of billionaires, his nett worthy is presently much than $13 billion.

The billionaire tweeted Saturday urging his Twitter followers to bargain bitcoin and support buying portion the terms of BTC is inactive low. His tweet reads:

You person to bargain bitcoin (keep buying erstwhile the terms is low), past conscionable clasp your BTC, hide astir selling … Trust maine you’re going to convey maine later.

Bitcoin has fallen much than 40% since its all-time precocious successful November past year. A fig of radical and corporations person bought the dip, including the Nasdaq-listed Microstrategy, U.S. Senator Ted Cruz, and the authorities of El Salvador.

This is not the archetypal clip Salinas has powerfully recommended buying bitcoin. He explained successful June past year: “Bitcoin is an plus that has bonzer properties … All the advantages that bitcoin has, for me, marque it golden for the modern world.”

In comparison, Salinas often attacked fiat currency, calling it a fraud. “Governments don’t similar bitcoin … it burns them that radical tin get retired of their fiat trap due to the fact that that is what fiat wealth is, a fraud,” helium opined.

In November, helium referenced “the standard of fake wealth creation” successful the U.S., stating: “Good aged USA is looking much and much similar immoderate different irresponsible 3rd satellite country.” He past advised, “Buy bitcoin close now.”

He reiterated successful December past year: “Stay distant from fiat money. The dollar, the euro, the yen, oregon the peso — they are each the aforesaid story. It’s fake wealth made of insubstantial and lies. The cardinal banks are printing much wealth than ever before. Invest successful bitcoin.”

What bash you deliberation astir the Mexican billionaire’s bitcoin advice? Let america cognize successful the comments conception below.

Kevin Helms

A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.

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