¡The Bitcoin Revolution! It has now been several years since Ricardo Salinas Pliegothe founder of the Mexican business conglomerate Grupo Salinasbecame a strong supporter of Bitcoin (BTC). In a recent interview, the multi-billionaire insisted on the importance that the king of cryptos has, in his eyes, for overcome inflation and economic crises.
Ricardo Salinas loves Bitcoin as much as he hates fiat currencies
The successful entrepreneur Ricardo Salinas is the type to walk his talk. Because if he already strongly encourages Bitcoin with his voice, he also contributes to its development and adoption. Thus, last June, its large media and telecommunications group announced to its customers the possibility of pay their bills via Bitcoin’s Lightning Network.
It will therefore not surprise anyone to learn that Ricardo Salinas has, once again, plebiscite the invention of Satoshi Nakamoto during a recent interview with Bitcoin Magazine. But before that, the criticizes very sharply the inflationary currencies of States (or even outright hyperinflationary in Latin America) :
“The first thing is for people to realize that they are being scammed, that they are being robbed by these government crooks (sic). That’s what they are, fraudsters. They commit fraud and they stand there and say they’re doing monetary policy. The People must understand how this system works, so that they can then defend themselves against it. »
Ricardo Salinas
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The king of cryptos as a store of value shinier than gold?
This is where comes in Bitcoin in the reflection of Ricardo Salinas. In the form of advice that they formulate, the multi-billionaire recommends (in very summary) to sell the bonds state, and buy bitcoins like protection against inflation.
“What are your options for preserving your money? You can invest in stocks [d’entreprises], but which tend to be overvalued, and which are pushed in a certain way for certain people to benefit from. Or, God forbid, you can buy government bonds, which is the stupidest thing in the world. Or you can buy assets like gold or Bitcoin. And I think this is where Bitcoin will shine (…). »
Ricardo Salinas
Then, Ricardo Salinas once again insisted on the importance of individual education to the basics of economics, and how to protect their heritage against depreciation constant fiat currencies. Taking the example of his own family, where the billionaire explains that he has a lot of difficulty realize the real value digital assets to his father, he says he observes a generational dividewhere older generations have more difficulty understanding the very concept of cryptocurrencies.
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