
Mexican Billionaire: BTC is a Reliable Hedge Against Inflation
According to a recent interview with Bitcoin Magazine, Mexican billionaire Ricardo Salinas Pliego, founder of the Grupo Salinas group of companies, discussed his views on BTC.
He stated that Bitcoin is a reliable way to protect against inflation since the government cannot manipulate its value.
Salinas Pliego further pointed out the global issue of rising inflation taxes, which essentially takes away people’s savings without their consent.
He noted that this is especially concerning for those who rely on their pensions.
The billionaire also emphasized the importance of people understanding that the government is deceiving and robbing them, in order to achieve mass adoption of Bitcoin in Mexico.
He believes that realizing the implications of currency debasement can help individuals avoid falling victim to rising taxes and debt.