Mexican

🇲🇽 #Mexican Billionaire Ricardo Salinas Pliego Increases His #bitcoin Holdings — Source

⏺ Bitcoin now reportedly makes up around 70% of his investment #Portfolio .

⏺Salinas describes $BTC as a hedge against #Inflation and fiat devaluation, pointing out that the US dollar has lost nearly 90% of its purchasing power over the past 40 years.

⏺ In his book, he argues that Bitcoin represents the end of the fiat money era and sees it as a fundamental shift in how value is stored and protected.
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💥 The US-China trade tensions are escalating, and it's getting real! China's 100% tariffs on select Canadian imports and Trump's tariffs on #Mexican and #Canadian goods are making waves in the global economy.

#Crypto market can experience Increased volatility, potential downturn, but also opportunities for strategic #investors to accumulate assets at lower prices.