During the Bitcoin Conference 2022 in Miami, Florida, Cointelegraph met with Ricardo Salinas, founder and president of Grupo Salinas, in an exclusive interview. As one of the first Bitcoin (BTC) adopter, since his $200 days, Salinas has experienced the ups and downs of the market firsthand and learned a thing or two along the way.
Salinas began the day as a panelist on the main stage of the Miami Beach Convention Center among billionaires Orlando Bravo, Marcelo Claure and Dan Tapiero. In a discussion titled "Bitcoin Billionaire Capital Allocators," Salinas revealed that 60% of his portfolio is in Bitcoin, while the other 40% is a mix of oil and gas investments.
That same day, April 7, the conference attendee, Mexican Senator Indira Kempis, announced that Bill to make Bitcoin legal tender in Mexico. Mexico would follow El Salvador, Roatรกn, Honduras and Madeira, Portugal if it complies with the legislation. When asked what he thought about this, Salinas said "it's going to be an uphill battle" to make it happen because his country "unfortunately" has a mindset that's too attached to its control over fiat money, or whatever he called "fiduciary fraud". "
โCentral bank powers and finance ministry hate Bitcoin for the freedom it represents and it is a direct threat to their monopoly money.โ
As the founder of Mexican bank Banco Azteca, Salinas admits he is part of a troubled system and reveals that he would love for his bank to have access to bitcoin payments, deposits and loans. In the meantime, however, as the owner of the Elektra Group supermarket chain, he is currently working to enable retailers to accept Bitcoin payments for all items.
Related: Lightning to hit Shopify merchants with the addition of BTC payments
While sitting down with Cointelegraph, he said that bitcoiners are still a small percentage of the total population and that there is still a long way to go before there is universal adoption. He also reminded viewers that regardless of an investor's age, the most important quality any investor can have is curiosity and open-mindedness to continually learn.
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