
newsJun 17, 202644:03pending
Why Billionaire Ricardo Salinas Keeps Turning Cash Into Bitcoin
About this episode
Ricardo Salinas calls fiat a "fraud." And, will he run for office in Mexico?
Ricardo Salinas, founder and president of Grupo Salinas, joins CoinDesk's Jennifer Sanasie and Ollie Acuna for a wide-ranging conversation on Bitcoin, fiat debasement, and the future of Mexico. Plus, insights into U.S.–Mexico remittances and his potential 2030 run for presidency.
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Timecodes:
00:00 Ricardo Salinas Joins CoinDesk
00:50 Money Talk at the Family Table
02:11 Discovering Bitcoin in 2013
03:52 Does Bitcoin Beat Gold and Silver?
06:11 Stablecoins Are the Same as Bank Deposits
07:37 The Gold Bugs in the Salinas Family
11:17 No AI Bubble: Why Salinas Stays Out
12:54 The MicroStrategy STRC Recommendation
15:02 Inside the $500M Weekly Remittance Business
21:12 Mexico's 'Violent' Anti-Crypto Stance
24:53 The Mexican Government's Narco Problem
27:32 Salinas's 2030 Presidential Run?
30:21 The Anchorage Digital Stablecoin Partnership
34:46 Salinas's Bitcoin Price Outlook
40:19 Why Salinas Advised His Wife to Mortgage her Home for Bitcoin
41:55 A Message to Mexico
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