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Mexico’s Third Richest Billionaire Will Let His Bank Accept Bitcoin

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The second richest man in Mexico invests 10% of his liquidity portfolio in Bitcoin

Ricardo Salinas Pliego, the second richest man in Mexico, has simply revealed that he’s planning to make his financial institution the primary to just accept Bitcoin (BTC) in Mexico.

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Ricardo Salinas Pliego is the founder and chairman of Grupo Salinas, a conglomerate with stakes in telecommunications, retail, monetary providers and media… According to Forbes, his web price is 15 $0.8 billion, making Salinas the third richest particular person in Mexico and 166th on the earth.

Although the value of Bitcoin has dropped considerably on June 22, billionaire Salinas continues to be very optimistic about the way forward for the world’s largest cryptocurrency. In addition, he additionally revealed on Twitter that he’s working to make his financial institution Banco Azteca turn into the primary financial institution in Mexico to just accept Bitcoin.

In a tweet in response to MircroStrategy’s CEO Michael Saylor, billionaire Salinas mentioned:

“Me and my bank (Banco Azteca) are working to become the first bank in Mexico to accept Bitcoin.”

If you’re hoping to protect your wealth for a technology, @RicardoBSalinas suggests you to put money into #bitcoin. The technique is straightforward – select the very best high quality asset you’ll find and #hodl. https://t.co/ScRubzNBuR

— Michael Saylor (@michael_saylor) June 27, 2021

Earlier, Saylor commented on a video that includes Salinas shared on Twitter by Anthony Pompliano, a widely known investor who can be a giant supporter of BTC.

In the video, Salinas explains that witnessing hyperinflation first-hand was the rationale he invested in Bitcoin and led to the conclusion that “fiat money is a scam.”

Mr. Salinas has been a Bitcoin supporter because the starting of 2021, collaborating in all types of “trends” on Twitter, from updating #Bitcoins within the description, to altering his profile image to a laser eye form till the top BTC reached a worth of 100,000 USD.

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