• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Bitcoin
  • Ethereum
  • Litecoin
  • Ripple
  • Blockchain
  • Guides
  • Mining

Bitcoin News Feeds

Bitcoin Club

Mexican billionaire Ricardo Salinas Pliego adds #Bitcoin to his Twitter bio


Mexican billionaire Ricardo Salinas Pliego took a leaf from Elon Musk’s playbook and added the Bitcoin hashtag to his Twitter bio. His profile now reads “Mexican businessman #Bitcoin.”

Pliego adds Bitcoin to Twitter profile
Source: Ricard Salinas Pliego Twitter

Pliego revealed last year he holds 10 percent of his liquid assets in the leading cryptocurrency. Around this time, he posted a video showing piles of Venezuelan bolivars thrown in the trash with the caption, “This is inflationary expropriation!”

Para iniciar con el #Bitcoin, les comparto un video tomado en un país latino donde los bancos tiran el dinero a la basura (el papel moneda no vale nada) es por eso que siempre es bueno diversificar nuestro portafolio de inversiones ?.

Esto es la expropiación inflacionaria! ??‍♂️ pic.twitter.com/ahblQW6AhO

— Ricardo Salinas Pliego (@RicardoBSalinas) November 17, 2020

Bitcoin continues to gather steam

This year has seen a flood of high profile figures come forward in support of the number one cryptocurrency. While Musk is arguably the most recognized figure to do so, a slew of others has also joined in.

Carolina Panthers offensive tackle Russell Okung went full Bitcoin at the end of January with a tweet stream commenting on the benefits of holding it. He also added Bitcoin to his Twitter bio and called on his followers to do the same.

Everyone, put #Bitcoin in your bio.

Plant the flag to declare you’re ready for the future.

Send me a screenshot so I know it’s real.

— russ (@RussellOkung) January 29, 2021

Several celebrities followed suit; this includes singer-songwriter Joy Villa, YouTuber Mr. Beast, spiritual guru Sofia Hayat, Reddit co-founder Alexis Ohanian, and many others.

But Mexico’s third-richest person has now belatedly joined in with the movement. Ricardo Salinas Pliego is ranked 171st richest in the world by Forbes. He has an estimated net worth of $13.7 billion.

Pliego is the Founder and Chairman of corporate conglomerate Grupo Salinas. The group’s interests cover telecommunications, media, financial services, and retail.

Even despite his vast fortune, Pliego has demonstrated his concerns over the pursuit of reckless monetary policy.

Musk in hot water with SEC over tweets

Tesla announced last week the purchase of $1.5 billion worth of Bitcoin. In the run-up preceding the announcement, the Tesla CEO was active on Twitter posting about Dogecoin and Bitcoin.

One such incident, in which he added #Bitcoin to his Twitter bio, resulted in a near $8k upswing in price. The “Elon candle,” as it is known, drew criticism from several observers, including Nouriel Roubini, who accused Musk of market manipulation.

Doug Davison, a former Branch Chief at the SEC, also believes Musk’s actions warrant action from the SEC.

“It would not be surprising—given the focus on the chief executive’s tweets, bitcoin pricing and recent dramatic market moves—for the SEC to ask questions about the facts and circumstances here.”

Musk is no stranger to SEC sanctions. They previously sued him over his tweets on taking Tesla private, which they said violated securities law.

He has since removed any mention of Bitcoin from his Twitter profile.

Like what you see? Subscribe for daily updates.





Source link

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Recent Posts

  • Kaspa (KAS) Has Tied with Ethereum Classic (ETC) Among HiveOS Miners March 16, 2023
  • New lolMiner 1.70 and BzMiner v13.4.0 Bring More NEXA Performance Improvements March 9, 2023
  • SRBMiner-MULTI v2.2.0 Released with Dynex Mining Support for AMD, Nvidia and Intel GPUs March 8, 2023
  • Better Mining Efficiency of ZIL with ASICs and Old Low-VRAM GPUs on Ezil.me March 7, 2023
  • Now You Can Mine KASPA (KAS) on f2pool With 500K KAS Contest for Miners March 2, 2023

Ethereum

Avast Acquires Self-Sovereign Identity Firm Evernym for Undisclosed Amount

December 10, 2021 By Leave a Comment

Bybit

This mobile gaming platform is launching a charity eSports tournament

December 10, 2021 By Leave a Comment

Bitcoin Falls Below $49K as Trading Volume Weakens, Altcoins See Red

December 10, 2021 By Leave a Comment

Advertisement

Put your ad code in here!

Tags

ADA Bank Binance Bitcoin Bitcoins Blockchain BNB BTC Cardano Coinbase Crypto Data DeFi Digital DOGE Dogecoin Dot ETH Ether Ethereum Exchange Finance Firm fund High Investors Launch Launches Market metaverse Million Mining Network NFT NFTs Platform Price Raises report support Token Top Traders Trading XRP

Footer

Legal Pages

  • Privacy Policy
  • Disclaimer

Recent Posts

  • Kaspa (KAS) Has Tied with Ethereum Classic (ETC) Among HiveOS Miners
  • New lolMiner 1.70 and BzMiner v13.4.0 Bring More NEXA Performance Improvements
  • SRBMiner-MULTI v2.2.0 Released with Dynex Mining Support for AMD, Nvidia and Intel GPUs
  • Better Mining Efficiency of ZIL with ASICs and Old Low-VRAM GPUs on Ezil.me
  • Now You Can Mine KASPA (KAS) on f2pool With 500K KAS Contest for Miners

Tag cloud

ADA Bank Binance Bitcoin Bitcoins Blockchain BNB BTC Cardano Coinbase Crypto Data DeFi Digital DOGE Dogecoin Dot ETH Ether Ethereum Exchange Finance Firm fund High Investors Launch Launches Market metaverse Million Mining Network NFT NFTs Platform Price Raises report support Token Top Traders Trading XRP

Copyright © 2023