Mexican billionaire says ‘buy Bitcoin’ in new year message

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Mexico’s third-richest individual despatched out a heart-warming new 12 months message to Bitcoin (BTC) fanatics on Christmas eve. Ricardo Salinas Pliego beneficial shifting away from fiat cash and shopping for bitcoin in a two-minute festive video. 

He provides three items of recommendation to his 957,200 followers on Twitter as a part of his Christmas and New 12 months message earlier than asking his followers to retweet and share:

“Keep away from fiat cash. Whether or not it’s the Greenback, the Euro, or the Yen –it’s all the identical. It’s pretend cash product of paper lies. Central banks are producing greater than ever.”

He pauses earlier than pointing to the digicam to say, “Put money into Bitcoin!”

Stood in entrance of a golden Christmas tree, the opposite two “presents” of recommendation Salinas left his followers had been to let go of jealousy and to imagine in oneself, notably when pursuing freedom and innovation.

It’s no shock that Salinas admonishes investing in BTC. As a outstanding Bitcoin evangelist since 2013, his Twitter bio describes himself merely as a “Mexican businessman and Bitcoin holder.”

Salinas goals to make Mexico’s second-largest retail financial institution Banco Azteca the primary lender within the nation to do business in BTC. Nonetheless, Salinas, chairman of the financial institution’s dad or mum firm, Grupo Salinas, was left disillusioned in June this 12 months.

In response to his bold plans, Mexico’s central financial institution stated that cryptocurrencies like bitcoin usually are not authorized tender and are prohibited from use within the nation’s monetary system. In September this 12 months, the governor of the Financial institution of Mexico, Alejandro Díaz de León, dismissed BTC as a reliable legal tender, citing value volatility as a significant roadblock towards full-fledged adoption.

Associated: ‘Absolutely right’ to think of Bitcoin as the new gold — Mexico’s 3rd richest man

It’s unlikely to discourage Salinas. He has been orange-pilling Mexico’s 128 million people since the summer and in an interview with Cointelegraph in January this year, he shared his conviction for BTC as a non-confiscatable asset.

Within the interview, he additionally declared that he first purchased BTC at $500 in 2013 through Grayscale, saying that by 2018 it was one among his “greatest investments ever.” He has additionally tweeted in favor of Bitcoin remittances, tapping into a possible $40 billion marketplace for Mexicans sending cross-border funds to america.