• Thu. Mar 28th, 2024

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

Feb 16, 2021

3rd richest man from Mexico, Ricardo Salinas Pliego, also inculcated the Bitcoin hashtag in his Twitter profile. Pliego has now joined the club of billionaires who have also added Bitcoin hashtags in their Twitter profiles.

Ricardo Benjamin Salinas Pliegois one of those Mexican businessmen whose role in the telecommunication sector stands out as the most influential. He founded a group of globally renowned companies known as “Grupo Salinas” which covered the financial, media, and telecom industries. He is also known to be 3rd richest as well as most influential people within Mexico. His current net worth exceeds US$ 13.6 Billion.

Pliego has recently edited his Twitter profile to add Bitcoin hashtag after Tesla’s CEO, Elon Musk, having done the same few days back.

He is also known as big-time supporter of Bitcoin and has invested in Bitcoin on several occasions. The initial investment, as informed by Pliego, was done in 2013 when he bought Bitcoins for an amount of US$ 200/- per coin. When he acquired Bitcoins at the relevant time, he specifically stated that this was his ever best investment venture.

Recently, the Mexican Billionaire was recording an interview in which he said that he’d like to hold onto his Bitcoin for at least 5 to 10 more years. He said that he is not in any hurry to dispose off his crypto assets which he had acquired for such a meager amount than that of today. He however told that 10% of his entire portfolio is comprised of Bitcoins. This means that under billionaire’s possession, there are at least US$ 1.2 Billion worth of Bitcoins.

Pliego is also best known for being an advocate of Bitcoin since long and never backs down, supporting it at any occasion.

A newest trend is going on these days wherein known celebrities and prominent global entrepreneurs have been adding Bitcoin hashtag at their Twitter profiles. Most noticeable entrepreneur who was seen following the trend was the CEO of Tesla, Elon Musk. Now, the Chairman of Grupo Salinas too has added a Bitcoin hashtag to his Twitter account as well.

When the Mexican billionaire added Bitcoin to his Twitter account, an apparent surge occurred to Bitcoin and its value spiked instantaneously. After him, many individuals from Mexico as well as from the rest of the world are also adopting the trend.

Russell Okung, famous American football player, has also urged entrepreneurs and other key Bitcoiners to show their solidarity and support to Bitcoin. He has requested all of them to add their Bitcoin hashtags to their Twitter accounts.

During the interview, Pliego also pointed out that in countries such as Argentina and Venezuela, their national currencies are deteriorating. It is essential to become a part of an alternate system to avoid unwarranted circumstances born out of fiat currencies’ collapse.

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