Mexican Billionaire Ricardo Salinas Doubles Down on Bitcoin, Advises Using It as Inflation Hedge. Ricardo Salinas, the third wealthiest man in Mexico, has recently doubled down on his proposal to use Bitcoin as a reserve asset. On social media, Salinas defended the role of Bitcoin as an inflation hedge, commenting on a post that presented inflation as a hidden tax on fiat money and advised his followers to purchase it. More and more wealthy people are taking notice of bitcoin’s properties as a store of value compared to fiat currencies. Ricardo Salinas, a Mexican with a fortune of over $10 billion, has advised his followers to purchase bitcoin to battle inflation, a problem that majorly affects Latam countries like Argentina and Venezuela, and African countries like Zimbabwe.
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 Mexican billionaire Ricardo Salinas has recently reiterated his support for Bitcoin and advised using it as an inflation hedge. Salinas, the third wealthiest man in Mexico and the honorary chairman of TV Azteca, has been vocal about his belief in Bitcoin's role as a reserve asset and a protector of individual wealth . He has recommended purchasing Bitcoin and taking advantage of its constant appreciation in value . Salinas has also revealed that 60% of his liquid investment portfolio is in Bit