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Latin American leaders favorable to the acceptance of bitcoins are not counted with dozens. However, interest in crypto-shad is beginning to be stored in certain influential circles. Salvador opened the way and took weight like Mexican billionaire Ricardo Salinas. His journey, from skepticism to unrestrained enthusiasm for BTC, speaks of the development of the market crypto and its perspective in Mexico.
Ricardo Salinas: Assumed Beto Betting Bitcoin
Bitcoin News: The founder of Grupo Salinas is not in half of the measures. After the purchase its first bitcoins for $ 200He gradually increased his exposure to Crypto-Shad. Today, 70 % of its BTC investment portfolio compared to 10 % in 2020.
Claims to be “all in” and do not hold that 30 % of their assets in gold and gold mines.
Why such a madness? Salinas considers bitcoins to be the most durable asset in the world, even overcoming rare yellow metal. Insists on the idea that BTC with a limited offer is not subject to inflationUnlike gold, which increases by 3 % per year by mining.
His recommendation to investors is clear:
” Buy everything you can, and above all never sell ».
In addition, the Mexican billionaire is not on his first blow in space BTC. He has been trying since 2021 Make Banco Azteca by the first Mexican Bite Bank for Bitcoins integration. However, regulators follow and its project encounters obstacles.
Recent son Plan to eliminate the Grupo Elektra He suggests to prepare poker to bypass these brakes.
Accepting BTC in Mexico: Revolution in March?
If the Mexican government remains unwilling, Bitcoin is gradually necessary in the everyday life of many inhabitants.
Tristan, a Canadian digital nomad living in Mexico, perfectly illustrates this trend.
- They pay for their tickets and furniture BTC;
- Converts its bitcoins to pesos via ATM codes;
- He participates in Bitcoin’s meetings in Queretaro and Mexico;
- It uses Azteco vouchers to manage their expenditure.
Like him, more and more merchants and entrepreneurs bet on crypto Avoid the complexity of the Mexican banking system. Bitcoin, a country that is largely based on cash, offers a practical and fast alternative for everyday transactions.
But the question remains: How far will this adoption go? Will the control brakes slow down this dynamics or will Mexico finally watch the Salvador route?
Bitcoins gain credibility in political and financial circles. There are discussions to see if Mexico could follow the Salvador step. The debate is opened by the characters like Ricardo Salinas, the idea of a prolonged acceptance of BTC could get a good dynamics.
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Blockchain and crypto revolution! And the day when the impacts will be felt on the most vulnerable economy of this world, I would say against all the promises that I was there for something
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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.