Mexican billionaire Ricardo Salinas: "Bitcoin will protect people from state robbery" – Bits Media

Mexican billionaire and chairman Grupo Salinas Ricardo Salinas called Bitcoin a way to protect against inflation tax, Since the government is not able to depreciate the first cryptocurrency.

Ricardo salinas (Ricardo Salinas) stated, that bitcoin can affect The economy of Mexico. According to the billionaire, Not only in Latin America, but throughout the world there is an increase in inflation tax, which is paid by the population due to the fall of the purchasing power of money. It means, that savings of people are selected from them without their knowledge and permission, Salinas was indignant.

“Bitcoin is resistant to taxes and can easily fit into hyperinflation economies, characteristic of Latin America. Bitcoin - reliable inflation protection, because it cannot be depreciated ", - added a billionaire.

When he was asked a question, What should happen in Mexico for the mass introduction of bitcoin, Salinas answered: “People must realize, that the government deceives them ". The billionaire was not afraid to compare the authorities with scammers, Whose credit-money policy robs people.

As for the spotal ETF on bitcoin, Salinas is sure, that with the help of this product it will be easier for people to invest in bitcoin. It is for this reason that the US Securities and Exchange Commission (SEC) not in a hurry to approve them.

"Bitcoin will protect the people from" managers ", so -called cave people from the government. They are not so stupid, And they are not going to give their power, to confiscate the wealth of people, Therefore, the people must take this power from them ", - said Salinas.

Last year, Salinas told, what 60% its liquid portfolio is bitcoin. IN 2021 year, the billionaire called the public to buy bitcoin and stay away from fiat money.