• Sat. Jul 13th, 2024

Billionaire Ricardo Salinas Pliego Supports El Salvador’s Bitcoin Agenda

Hassan Mehmood

ByHassan Mehmood

Apr 10, 2022

Ricardo Salinas Pliego is considered the third richest person coming from Mexico. Recently, Pliego had a meeting with the President of El Salvador, Nayib Bukele. The visit aimed to show support for the country that has been struggling with its Bitcoin transition. He was accompanied by Max Keiser, the famed financial reporter and TV personality.

According to the media coverage, to show his gratitude and enthusiasm, Bukele also gifted Pliego one Bitcoin. The president of Salvador proceeded to discuss the matter in detail with issues related to the legislative challenges that the country was facing regarding Bitcoin adoption. Bukele also presented the idea that with the assistance of the Bitcoin Securities legislature, the country can become the epicentre of Bitcoin trade around the globe.

Max Keiser also Extends his Support to El Salvador

Preceding the event, Keiser posted updates on his Twitter timeline about his opinion on El Salvador Bitcoin adoption. He claimed in his latest tweets that the decision of Bukele add Bitcoin as a legal tender is a move that has introduced him to the biggest and most successful business personalities. It is also worth noting that Keiser has added the map of Salvador to his Twitter handle.

On the other hand, his profile picture is the classic laser eyes avatar that most Bitcoin bulls have done. Meanwhile, the interest of Pliego in Bitcoin is connected to his multinational retailer business called Grupo Elektra. The retail stores of Elektra are also present in the United States and have started to accept Bitcoins as payments since last year.

Pliego has expressed his support for top coin several times. He has also claimed that 10% of his investment portfolio is based on Bitcoin. Another person to visit El Salvador is Binance exchange CEO CZ. On the other hand, there are several Central American organizations showing interest in Salvador for future investment, according to the local media outlet El Diario.

Binance’s CEO also shared similar plans with Bukele. The media outlets reported that CZ discussed various topics, including Bitcoin-backed investment ventures. Meanwhile, the country has decided to postpone the launch of the Bitcoin bond owing to the current geopolitical situation in Europe.

Hassan Mehmood

Hassan Mehmood

Hassan Mehmood, a valued writer at Big Trends Signals, uses his profound online trading expertise to produce in-depth guides and unbiased reviews, enabling traders to navigate digital marketplaces efficiently.

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