Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin

Bitcoin Magazine Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin Mexican billionaire Ricardo Salinas is at it again.  This time, the third richest man in Mexico told his followers that “fiat inflation is a hidden tax,” and the way to hedge against it was to buy bitcoin.  Salinas, the former chairman of home appliance and electronics retailer Grupo Elektra and Banco Azteca founder, told his followers to opt out and start protecting their savings.  When you work, you trade your time (your life) for money.

But when governments create money at will and dilute its value, they steal the time you sacrificed to earn it.Fiat inflation is a hidden tax.

Don’t be fooled: learn, protect your savings, and defend your freedom, buy… pic.twitter.com/1l8ZtoFCaA— Don Ricardo Salinas Pliego (@RicardoBSalinas) August 31, 2026 “Bitcoin changes one fundamental rule: no one can print more just because they want to,” Salinas said in a video on X on Monday.  “While you have to work to earn more money, the system can simply create more of it.

Don’t be fooled: learn, protect your savings, and defend your freedom, buy bitcoin and hold it.”  It’s not the first time Salinas has told his followers to be aware of government monetary policy.  The billionaire posts on X almost daily to millions of followers,...