Mexico’s 2nd richest man splurges 10% of his wealth on BTC

Pliego, who is the second richest man in Mexico, has just spent 10% of his liquid portfolio on Bitcoin, sending an unambiguous sign to other potential investors.

The businessman released a video in which he put forward several points, including his opinion that paper money was worth nothing.

Diversification should be essential to achieve wellbeing, wealth and comfort. Pliego went further to stipulate that Bitcoin was a way for citizens to protect themselves from what he described as the “exploitation of governments.”

He went on to recommend a book known as “The Bitcoin Pattern” which dives deeper into the issue. Understandably, the community has reacted quite well to the news that one of the wealthiest men in the world has unloaded a whole lot of his mainstream assets and converted them into Bitcoin.

The rest of Pliego's portfolio is currently invested in precious metal miners. He also owns telecommunications companies and media outlets.

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Written by Alex

Reporter

Alex is a well-rounded crypto writer who focuses on general market and legal developments. His main interest lies in how crypto gaming can become a more permanent part of the gaming landscape and how blockchain holds benefits to players they are not even aware of.

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