Mexican billionaire says ‘buy Bitcoin’ in New Year message

Mexico’s third-richest individual despatched out a heart-warming New Year message to Bitcoin (BTC) fanatics on Christmas Eve. Ricardo Salinas Pliego really helpful transferring 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 Year message earlier than asking his followers to retweet and share:

“Steer away from fiat cash. Whether it’s the Dollar, the Euro, or the Yen –it’s all the identical. It’s pretend cash fabricated from paper lies. Central banks are producing greater than ever.”

He pauses earlier than pointing to the digicam to say, “Invest in Bitcoin!”

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

It’s no shock that Salinas promotes investing in BTC. As a distinguished 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 in the nation to do business in BTC. However, Salinas, chairman of the financial institution’s father or mother firm, Grupo Salinas, was left upset in June this yr.

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

Related: ‘Absolutely proper’ to think about Bitcoin as the brand new gold — Mexico’s third richest man

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

In the interview, he additionally declared that he first purchased BTC at $500 in 2013 by means of Grayscale, saying that by 2018, it had been certainly one of his “finest investments ever.” He has additionally tweeted in favor of Bitcoin remittances, which could possibly be a possible $40-billion marketplace for Mexicans sending cross-border funds to the United States.