Ricardo Salinas Pliego criticized fiat money.
BTC trades at a high of $50,000.
This year, Bitcoin was supported by some of the richest people in the world. Large investments were made by individuals such as Ray Dalio and Elon Musk who supported the cryptocurrency asset. Ricardo Salinas Pliego of Mexico, one of the most wealthy people in Mexico, added another BTC believer to the list.
Grupo Salinas’ Chairman and Founder expressed concern about rising inflation and central bank money printing. According to estimates, Salinas Pliego’s total wealth is currently around $13 billion..
Avoid fiat money. It doesn’t matter if it’s the Euro, the Dollar, or the Yen. It is all the same. It’s fake money made from paper lies. The central banks are now producing more money than ever before. “Invest in Bitcoin,” said a Mexican billionaire.
Salinas shared with his 1,000,000 followers via Twitter that he holds Bitcoin. Salinas has expressed support for new technologies in the past, such as blockchain and DLT. According to Salinas, fiat money is losing credibility.