In its participation yesterday (7) in the conference Bitcoin 2022the Mexican billionaire Ricardo Salinas Pliego stated that most of its net portfolio has exposure to bitcoin (BTC).
“I definitely don’t own any securities” and, in a liquid portfolio, “I have 60% in bitcoin and bitcoin equities, and 40% in oil, gas and gold mining equities,” the billionaire said at the panel where participated in the conference.
According to Business Insider, Salinas Pliego runs the TV network TV Azteca and retailer Grupo Elektra.
The Mexican billionaire’s net worth was valued at $12.9 billion in the recent ranking of billionaires published by Forbes. Last year, Salinas Pliego was the third richest person in Mexico.
Bitcoin X Bonds
Before commenting on his net portfolio, the Mexican billionaire made negative comments about government bonds.
The remarks made by Salinas Pliego take place shortly after public bonds increased in sales, after the Federal Reserve (the US Central Bank) and other Central Banks have raised interest rates and tightened monetary policies to try to contain inflation.
“Investing in government bonds is a terrible investment,” said Salinas Pliego. “It wouldn’t come close to a title. It’s just the worst thing. The best thing is, you get your $100 back. That’s the best thing that can happen,” he added.
According to Decrypt, Salinas Pliego is not the only Mexican who expressed excitement about cryptocurrency at the conference. Pro-bitcoin Mexican senator Indira Kempis said at the event that she will propose to make bitcoin a legal tender in the country.
Source: Moneytimes
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