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‘Buy Bitcoin, as the US threatens to become a third world country’

So much money is being printed by the US that it could become a third world country, so buy Bitcoin. According to a wealthy investor.

Mexico’s third-richest billionaire, Ricardo Salinas Pliego, has advised investors to “buy Bitcoin now.” He explained that the US is “more and more like any other irresponsible third world country”. Clear language!

Buy Bitcoin Now that the US Is a Third World Country

Mexican billionaire Ricardo Salinas Pliego commented on the US economy and Bitcoin on Wednesday. He is the founder and chairman of Grupo Salinas, a group of companies with multiple interests in different companies in a variety of sectors. Think of telecommunications, media, financial services and shops. According to Forbes’ list of billionaires, his net worth is currently $14.2 billion. The man has also been a big supporter of Bitcoin for a long time, it should not surprise you.

Salinas tweeted a weekly chart of the total value of the Federal Reserve’s assets that was updated Nov. 18. It shows the total assets of more than $8.67 trillion. The billionaire tweeted: The good old US is looking more and more like any other irresponsible third world country… wow… look at the scale of fake money creation. Buy Bitcoin now.

fake money

Governments can print as much money as they want. The downside is that it can be worth less. And the United States prints quite a bit of money. Which could cause a new crisis. The Mexican billionaire has been pro-Bitcoin for quite some time. In November last year, he revealed that 10% of his liquid portfolio was in this digital currency.

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