The Bitcoin Standard: A Book that Shaped a Billionaire’s Investment Strategy
Ricardo Salinas Pliego, the Mexican billionaire and founder of Grupo Salinas, recently revealed his investment portfolio, which is heavily focused on Bitcoin (BTC) and related companies. In an interview with Natalie Brunell, Salinas credited Saifedean Ammous’s book, “The Bitcoin Standard,” for his understanding of the advantages of decentralized finance (DeFi) and Bitcoin over traditional financial systems.
Understanding Money and Bitcoin
Salinas praised Ammous for compiling the history of money, its abuse by governments and financial institutions, and how Bitcoin provides a solution to these issues. He described the book as a “Bible” and mentioned that he recommends it alongside other influential works on his social media platforms.
A Recommended Investment Strategy
By investing in Bitcoin, MicroStrategy, Bitcoin mining companies, oil enterprises, and gold miners, Salinas positions himself to benefit from the growth of the cryptocurrency industry. His endorsement of “The Bitcoin Standard” highlights the increasing interest of billionaires in Bitcoin and its potential to revolutionize the financial world.
Hot Take: Ricardo Salinas Pliego’s Bitcoin Focus Reflects Growing Billionaire Interest in Crypto
Ricardo Salinas Pliego’s investment portfolio, which heavily features Bitcoin and related companies, showcases the growing interest of billionaires in the cryptocurrency industry. By crediting Saifedean Ammous’s book, “The Bitcoin Standard,” for his understanding of Bitcoin’s advantages, Salinas highlights the educational resources available to those interested in the decentralized finance (DeFi) space. As more billionaires publicly embrace Bitcoin, it further solidifies the legitimacy and potential of cryptocurrencies in the mainstream financial world.
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