The second richest man in Mexico invests 10% of his net worth in Bitcoin
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Answer The second richest man in Mexico invests 10% of his net worth in Bitcoin
Bitcoin continues to attract various investors, whether individual or institutional, from different parts of the world.
recently appeared journalist report It is reported that Mr. Ricardo Salinas Bligo, the second richest man in Mexico has jumped into investing in Bitcoin.
In a tweet to Bligo published today, he revealed that 10% of his net worth is allocated to Bitcoin and urged followers to buy a Bitcoin-focused book.
Bligo is the founder of Grupo Salinas, a company founded in 2001 with interests in consumer electronics, sports and television networks.
Bligo’s fortune is more than $11.7 billion, according to a Forbes report published earlier this year, but Bligo indicated on Twitter that his fortune is estimated at $13.8 billion.
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13.8 BD
– Ricardo Salinas Bligo (@RicardoBSalinas) November 18, 2020
By a simple mathematical equation, we find that “Bligo” allocated about one billion dollars to Bitcoin.
It should be noted that Bligo did not ask people to blindly jump into Bitcoin without basic education about what it does and how Bitcoin would be better than the current financial system.
Where his tweet came with the meaning:
Today I recommend Bitcoin, and I recommend the book “EL PATRÓN BITCOIN” as this book is the best and most important for understanding Bitcoin.
Today I recommend Bitcoin Pattern, this book is the best and most important to understand # bitcoin.
Bitcoin protects citizens from government confiscation.
A lot of people ask me if I have bitcoins, yes. I have 10% of my liquid portfolio invested in 😌💵 pic.twitter.com/6LtFVCXvuA
– Ricardo Salinas Bligo (@RicardoBSalinas) November 17, 2020
He said in another tweet:
Bitcoin protects citizens from government confiscation.
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The observer for the investment of “Ricardo Salinas Bligo” finds that it is the result of a conviction held by most prominent investors and technology companies around the world that they keep Bitcoin as a hedge against the continuous printing of money, to artificially save the economy, but in fact it increases and inflation rises in the coming years.
These concerns are not exaggerated, as Bligo cited what happened with Venezuela, Zimbabwe and a few other countries that are currently suffering from the specter of rampant inflation and the absolute devaluation of their paper currencies.
At the time of writing this article, Bitcoin has crossed $18,000 a price we haven’t seen since 2018.
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