Latin American leaders favorable to the adoption of Bitcoin are not counted by dozens. However, the interest in crypto-shad begins to impose itself in certain influential circles. The Salvador has opened the way, and figures of weight, like the Mexican billionaire Ricardo Salinas, take over. His journey, from skepticism to unbridled enthusiasm for the BTC, speaks volumes about the evolution of the crypto market and its perspectives in Mexico.
Ricardo Salinas: an assumed bet on bitcoin
Bitcoin news: the founder of Grupo Salinas is not in half measures. After buying its first Bitcoins at 200 dollarshe gradually increased his exposure to crypto-shad. Today, 70 % of its investment portfolio is in BTCagainst 10 % in 2020.
He claims to be “all in” and does not keep that 30 % of its assets in gold and gold mines.
Why such a craze? Salinas considers Bitcoin as the most resistant asset in the world, even surpassing the precious yellow metal. He insists on the idea that the BTC, with its limited supply, does not undergo inflationunlike gold which increases by 3 % per year via mining extraction.
His recommendation to investors is clear:
“” Buy everything you can and above all, never sell ».
Besides, the Mexican billionaire is not at his first blow in the BTC universe. He has been trying since 2021 to Make Banco Azteca the first Mexican bank to integrate bitcoin. But the regulators watch, and his project encounter obstacles.
Recent Son Grupo Elektra Delisting Plan suggests that he prepares a poker to bypass these brakes.
The adoption of the BTC in Mexico: a revolution in the march?
If the Mexican government remains reluctant, Bitcoin is gradually essential in the daily life of many inhabitants.
Tristan, a Canadian digital nomad living in Mexico, perfectly illustrates this trend.
- He pays for his plane tickets and his BTC furniture;
- He converts his bitcoins to pesos via ATM codes;
- He participates in Bitcoin meetups in Querétaro and Mexico;
- He uses Vouchers Azteco to manage his expenses.
Like him, more and more traders and entrepreneurs bet on the crypto to Avoid the complexity of the Mexican banking system. The country being largely based on cash, Bitcoin offers a practical and rapid alternative for daily transactions.
But the question remains: how far will this adoption go? Will the regulatory brakes slow down this dynamic or will Mexico eventually follow the Salvador route?
In political and financial circles, Bitcoin gains credibility. Discussions are underway to see if Mexico could follow the Salvador's step. The debate is launched, and with figures like Ricardo Salinas, the idea of an extended adoption of the BTC could well gain momentum.
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