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Why Mexico’s second-richest man invested in Bitcoin | Interview with Ricardo Salinas Pliego

Published on 27 Dec 2020 / In Crypto

0:00 Intro
1:03 When was the first time you heard about Bitcoin?
2:56 What Bitcoin characteristic captured your attention first?
4:04 What limitations do you see in Bitcoin as a means of payment?
5:16 Do you see remittances as a promising use case for Bitcoin?
6:41 Have you ever lost faith in Bitcoin?
7:55 How did you react to the Bitcoin's price crash in 2018?
9:06 What is the rationale behind your liquid portfolio construction?
10:40 Are you going to increase your Bitcoin position any time soon?
10:53 Has Bitcoin's outstanding performance this year compensated for your companies' losses?
11:48 What is the reason for Bitcoin's popularity in Latin America?
13:17 Will the US dollar face a debasement any time soon?
14:43 What is the most common perception of Bitcoin among Latin American entrepreneurs?
15:29 What is your favorite argument when defending Bitcoin from criticism?
17:35 Are large volumes of illicit crypto preventing Bitcoin from becoming a legitimate asset in Latin America?
20:31 Outro

Mexico’s second wealthiest man, Ricardo Salinas Pliego, explains the rationale behind his bullishness on Bitcoin and discusses the growing importance of digital gold in Latin American economies.

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