Banco Azteca to be the first in Mexico to accept Bitcoin


The billionaire claims that cryptocurrency is the new gold, but much more portable

Mexican billionaire Ricardo Salinas Pliego backed the use of Bitcoin and said his bank is on track to accept the cryptocurrency.

“Of course, I recommend the use of Bitcoin, and my bank and I are working to be the first bank in Mexico to accept Bitcoin, if you need more details or information, follow me on my Twitter account,” micro strategy billionaire founder Michael Saylor said on the social network.

Saylor cited a video in which Mexico’s third wealthiest man and owner of Banco Azteca said cryptocurrency should be in the wallet of all investors and attacked Fiat coins (fiat coins and notes that are declared legal by a government, such as the peso or the dollar) calling them “fraud” and “stinky.”

The Bitcoin promoter said last year that he has 10% of his liquid wallet invested in the cryptocurrency.

Salinas Pliego ¿Qué piensa sobre el bitcoin en Banco Azteca? | La Verdad  Noticias

The Mexican tycoon’s fortune, which includes stakes in retail, banking and broadcasting businesses, has risen $2,800 billion this year to $15,800 billion dollars, according to Bloomberg’s Billionaires Index.

Bitcoin rose as much as 7.3% on Sunday to $33,578 in New York transactions and has fallen from a high of $63,410 in April.

Much of the decline is attributed to stocks outside of China, where a crackdown on such assets begins to reshape the industry by seeking a ban on cryptocurrency services.


Mexico Daily Post