Mexican billionaire Ricardo Salinas Plego has recommended staying away from fiat money and buying Bitcoin (BTC).
Mexico's third richest person said in a celebratory video message: Stay away from paper money, whether it's dollars, euros or yen, they are all the same.. it's fake money made From paper lies, central banks are producing more than ever.
According to Cowen Telegraph, Salinas gave advice to his 957,200 followers on Twitter, as part of his Christmas and New Year's message before asking his followers to retweet And share.
It is no surprise that Salinas is promoting investing in Bitcoin. As a prominent Bitcoin evangelist since 2013, he describes himself in his Twitter bio simply as a Mexican businessman and Bitcoin owner.
Salinas aims to make Mexico's second largest retail bank, Banco Azteca, the first lender in the country to do business in bitcoin. But the chairman of the bank's parent company, Grupo Salinas, was disappointed in June of this year.
In response to its ambitious plans, Mexico's central bank has stated that digital currencies such as Bitcoin are not legal tender and are prohibited from being used in the country's financial system.