Salinas Pliego reveals what Bitcoin’s assignment is in its portfolio

  • “You have to love Bitcoin out of necessity, not only for the price,” says the businessman.

  • For Salinas, CBDC are programmable money in the hands of the scammer state.

The Mexican tycoon Ricardo Salinas Pliego, the third richest man in Mexico, announced that in his investment strategy he has allocated 70% of his portfolio to Bitcoin (BTC).

This includes participations in Bitcoin mining companies that are quoted in the stock market and Strategy, a company whose treasury is based on BTC and is the one that has acquired the most digital asset.

“I am happy with my investment portfolio,” affirmed In an interview, highlighting that his approach focuses on assets that he considers resistant to state manipulation.

The remaining 30% of its portfolio is distributed in physical gold and a select group of five or six mining companies of this metal, moving away from traditional bonds and actions.

The businessman argues that Bitcoin is a necessity, beyond its price. “You have to love Bitcoin out of necessity, not only for the price,” he said. For Salinas, the currency represents a protection against the loss of value of the Fíat currencies, which, according to him, have demonstrated a disastrous history.

Ricardo Salinas interview.
Ricardo Salinas bets on Bitcoin and believes that he will overcome gold as investment in a short time. Fountain: YouTube-Kitco News.

“The US dollar, which is supposed to be the strongest currency, lost 99% of its value in the last 40 years. All Fíat currencies end in tears for their holders,” he said.

Bitcoin, a long -term bet in a volatile market

In spite of the recent volatility in the price of Bitcoin, influenced by the conflict between Israel and Iran, as cryptootics reported, Salinas maintains its confidence. The digital currency, which exceeds $ 100,000, faced corrections in the market, but the businessman does not flinch.

“We have been increasing our Bitcoin holdings considerably this week. I will not be waiting for the perfect moment to enter. I only know what will happen on the road and I do not want to miss that,” he explained.

Salinas acknowledges that markets are unpredictable on a day -to -day basis, but insists on looking in the long term. “There is not a single explanation for corrections in the price of Bitcoin. There are many things, feelings, etc.,” he said.

Its strategy is not based on specular with daily movements, but in the conviction that Bitcoin is emerging as the new global reserve asset, surpassing gold. “I was an impertinent of gold, but I discovered that Bitcoin is a better business. Michael Saylor has done a great job explaining why this digital capital has absolute liquidity, mobility and divisibility,” he said.

Criticism of CBDC and Fíat System

The entrepreneur spares in criticism of the FÍAT coins and, especially, towards the CBDC or digital currencies of Central Bank.

“The CBDC are the most diabolical invention in history. The Fíat is bad, but these digital Central Coins are worse. It is programmable money in the hands of fraudsters, capable of turning on or off your purchasing power to its will.”

Ricardo Salinas Pliego, Mexican businessman.

According to Salinas, The Fíat system benefits governments and who are in powerwhile common citizens lose their savings for devaluation.

“The money you earn with your hard work can be withdrawn from your control by a bureaucrat at the Central Bank. You have to be crazy to accept that,” he added.

The boom of Bitcoin ETFs and associated risks

Salinas also highlighted the impact of Bitcoin ETFs, such as the Ishares Bitcoin Trust (Ibit), the largest background in the world and in which he revealed that he has a substantial position.

These instruments have facilitated the entry of institutional investors to the Bitcoin market by offering great liquidity.

However, he warns of his risks: “They are vulnerable to the expropriation of the government, which could claim the BTC held by the ETF custodians.”

Despite these concerns, Consider that Bitcoin is consolidating as the basis of a parallel monetary systeman asset that challenges state control and promises to redefine the global financial panorama.

Salinas Pliego’s strategy reflects a disruptive vision that combines a strong commitment to Bitcoin with a frontal rejection of the Fíat system and CBDC. Your message is clear: in a digitalized world, Bitcoin is not only an investment, but a necessity to protect wealth Faced with a financial system that, in his words, is designed to benefit the powerful.

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