Bitcoin News and Finance
Mexico’s Third-Wealthiest Individual Adds Bitcoin to His Twitter Bio Skip to main content

Mexico’s Third-Wealthiest Individual Adds Bitcoin to His Twitter Bio

Mexico's Third-Wealthiest Individual Adds Bitcoin to His Twitter Bio

Just recently the Mexican billionaire, Ricardo Salinas Pliego, joined Elon Musk and a number of high-profile people, by adding the bitcoin hashtag to his Twitter bio. Salinas is one of Mexico’s wealthiest individuals with a fortune of around $13.2 billion and 10% of the entrepreneur’s liquid portfolio is in bitcoin.

Grupo Salinas Chairman Joins the Bitcoin Bio Twitter Trend

Ricardo Salinas Pliego is the third-wealthiest individual in the nation-state of Mexico and back in 2013, he purchased BTC for $200. At the time he claimed, it was the “best investment ever.”

“I want to sit around for another five or ten years”, he said during the interview in December 2020. Moreover, the Mexican billionaire recently told the public that 10% of his liquid portfolio is in bitcoin (BTC). Salinas is also vocal about his love for bitcoin on Twitter and once tweeted that “[bitcoin] is inflationary expropriation.

Mexico's Third-Wealthiest Individual Adds Bitcoin to His Twitter Bio

Now the chairman at conglomerate Grupo Salinas has put the bitcoin hashtag on his Twitter bio, following the line-up of luminaries and celebrities contributing to this trend. Elon Musk recently added the bitcoin hashtag to his bio and the price of BTC spiked a few percentages.

Since then, a whole slew of well known individuals have continued to add the bitcoin hashtag to their Twitter bios to show support for the leading cryptocurrency. The popular Carolina Panthers offensive tackle, Russell Okung, persuaded many celebrities to jump onboard.

“Everyone put #Bitcoin in your bio,” Okung tweeted. “Plant the flag to declare you’re ready for the future.

‘Inflationary Expropriation’

When Salinas was interviewed and said bitcoin was one of the best investments ever, he also talked about a few South American countries facing economic turmoil. “What’s happening in Venezuela, in Argentina where fiat money is collapsing has become a scandal. It really opens your eyes to the problem of fiat cash,” the Grupo Salinas executive explained at the time.

Of course, when Salinas mentioned bitcoin on social media, a few individuals called Salinas’ recent commentary an “irresponsible comment.”

The bitcoin hashtag in his bio, on the other hand, is a statement he can make without much commentary. So far, thanks to Elon Musk and the NFL player Russell Okung, a great number of people are adding the hashtag including Reddit co-founder Alexis Ohanian, spiritual guru Sofia Hayat, and Skybridge Capital’s Anthony Scaramucci.

After the Mexican billionaire Ricardo Salinas Pliego joined the growing trend, he was welcomed with open arms.

What do you think about Ricardo Salinas Pliego putting the bitcoin hashtag in his Twitter bio? Let us know what you think about this subject in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r
Post a Comment
Read more
Blogarama - Blog Directory