Mexico’s third-richest billionaire, Ricardo Salinas Pliego, has advised investors to “buy bitcoin right now.” He explained that the U.S. is “looking more and more like any other irresponsible third world country.” Microbt Whatsminer M21s 50T/52T For Sale
Ricardo Salinas Pliego on US Economy and Bitcoin
Mexican billionaire Ricardo Salinas Pliego commented on the U.S. economy and bitcoin Wednesday. He is the founder and chairman of Grupo Salinas, a group of companies with interests in telecommunications, media, financial services, and retail stores. According to Forbes’ list of billionaires, his net worth is currently $14.2 billion.
Salinas tweeted a weekly chart of the total value of the Federal Reserve’s assets (less eliminations from consolidation), which was updated on Nov. 18. It shows total assets of more than 8.67 trillion dollars. The billionaire tweeted:
Good old USA is looking more and more like any other irresponsible third world country…wow…look at the scale of fake money creation. Buy bitcoin right now. Microbt Whatsminer M21s 50T/52T For Sale
In June, he announced plans for his bank to 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. Microbt Whatsminer M21s 50T/52T For Sale
On the subject of bitcoin vs. gold, he recommended putting money in bitcoin. “Bitcoin is the new gold,” he said in June, adding that it is “much more portable.” He noted that transporting bitcoin “is so much easier” than having gold bars in your pockets.
In August, the third-richest man in Mexico tweeted: