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Mexico’s Third Richest Man Advises Purchase Bitcoin Now — Says US Wanting More and more Like Third World Nation – Economics Bitcoin Information

Mexico’s third-richest billionaire, Ricardo Salinas Pliego, has suggested buyers to “buy bitcoin right now.” He defined that the U.S. is “looking more and more like any other irresponsible third world country.”

Ricardo Salinas Pliego on US Financial system and Bitcoin

Mexican billionaire Ricardo Salinas Pliego commented on the U.S. economic system and bitcoin Wednesday. He’s the founder and chairman of Grupo Salinas, a gaggle of firms with pursuits in telecommunications, media, monetary providers, and retail shops. In response to Forbes’ record of billionaires, his web price is at present $14.2 billion.

Salinas tweeted a weekly chart of the full worth of the Federal Reserve’s property (much less eliminations from consolidation), which was up to date on Nov. 18. It exhibits whole property of greater than 8.67 trillion {dollars}. The billionaire tweeted:

Good outdated USA is trying an increasing number of like some other irresponsible third world nation…wow…have a look at the dimensions of pretend cash creation. Purchase bitcoin proper now.

Mexico's Third Richest Man Advises Buy Bitcoin Now — Says US Looking Increasingly Like Third World Country
The chart Ricardo Salinas Pliego posted. Supply: Board of Governors of the Federal Reserve System.

The Mexican billionaire has been pro-bitcoin for fairly a while. In November final yr, he revealed that 10% of his liquid portfolio was in bitcoin.

In June, he introduced plans for his financial institution to simply accept bitcoin. “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.

With reference to bitcoin vs. gold, he advisable placing cash in bitcoin. “Bitcoin is the new gold,” he stated in June, including that it’s “much more portable.” He famous that transporting bitcoin “is so much easier” than having gold bars in your pockets.

In August, the third-richest man in Mexico tweeted:

I believe bitcoin has an incredible future and it’ll change the world…. we’ll see.

What do you concentrate on the feedback by Mexican billionaire Ricardo Salinas Pliego? Tell us within the feedback part under.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

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