{"id":222028,"date":"2026-09-02T19:26:10","date_gmt":"2026-09-02T19:26:10","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=222028"},"modified":"2026-09-02T19:26:10","modified_gmt":"2026-09-02T19:26:10","slug":"mexican-billionaire-ricardo-salinas-tells-people-to-escape-fiat-inflation-with-bitcoin","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=222028","title":{"rendered":"Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin<\/a><\/p>\n

<\/div>\n

Mexican billionaire Ricardo Salinas is at it again.\u00a0<\/p>\n

This time, the third richest man in Mexico told<\/a> his followers that \u201cfiat inflation is a hidden tax,\u201d and the way to hedge against it was to buy bitcoin.\u00a0<\/p>\n

Salinas, the former chairman of home appliance and electronics retailer Grupo Elektra and Banco Azteca founder, told his followers to opt out and start protecting their savings.\u00a0<\/p>\n

\n

When you work, you trade your time (your life) for money. But when governments create money at will and dilute its value, they steal the time you sacrificed to earn it.<\/p>\n

Fiat inflation is a hidden tax. Don\u2019t be fooled: learn, protect your savings, and defend your freedom, buy\u2026 pic.twitter.com\/1l8ZtoFCaA<\/a><\/p>\n

\u2014 Don Ricardo Salinas Pliego (@RicardoBSalinas) August 31, 2026<\/a>\n<\/p><\/div>\n

\u201cBitcoin changes one fundamental rule: no one can print more just because they want to,\u201d Salinas said in a video on X on Monday.\u00a0<\/p>\n

\u201cWhile you have to work to earn more money, the system can simply create more of it. Don\u2019t be fooled: learn, protect your savings, and defend your freedom, buy bitcoin and hold it.\u201d\u00a0<\/p>\n

It\u2019s not the first time Salinas has told his followers to be aware of government monetary policy.\u00a0<\/p>\n

The billionaire posts on X almost daily to millions of followers, and criticizing central bank money creation is one of his recurring themes, appearing in tweets, interviews, conference keynotes, and video messages.\u00a0<\/p>\n

In recent years, the entrepreneur has stepped up his criticisms of governments \u2014 and his praises of bitcoin. Earlier this year admitted<\/a> he had increased his allocation in the asset from 10% to 70% of his portfolio.\u00a0<\/p>\n

Salinas\u2019 bitcoin enthusiasm all stems from central bank monetary policy. Speaking at Bitcoin 2022, Salinas described traditional money as \u201cthe fiat fraud.\u201d<\/p>\n

\u201cWhat they are doing is printing money out of thin air, and then making fake purchases,\u201d he said<\/a> of the Federal Reserve.\u00a0<\/p>\n

The business magnate has also talked about his success in \u201corange pilling\u201d his friends and family.\u00a0<\/p>\n

\u201cI convinced my wife to mortgage the house that she has and take a loan to buy bitcoin,\u201d he once boasted<\/a> in an interview.\u00a0<\/p>\n

This post Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin Mexican billionaire Ricardo Salinas is at it again.\u00a0 This time, the third richest man in Mexico told his followers that \u201cfiat inflation is a hidden tax,\u201d and the way to hedge against it was to buy bitcoin.\u00a0 Salinas, the former chairman […]<\/p>\n","protected":false},"author":0,"featured_media":222029,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-222028","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/222028"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=222028"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/222028\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/222029"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=222028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=222028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=222028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}