Richest Man in Mexico Updates his Twitter Bio to Include Bitcoin

[Baofeng]

"The third wealthiest man in Mexico, Ricardo Salinas Pliego, has updated his Twitter biography to include Bitcoin. This move has picked up a trend among high ranking investors in the cryptocurrency, including BTC whales such as Michael Saylor and  Anthony Scaramucci."

Who do you think will be following in their footsteps? Will these steps promote mass adoption? Your thought?!

Well this is the trend really, those rich billionaires are going into bitcoin because they know they can make more money, simply as that. They look at it as more of an investment instrument, so I would say welcoming news just like Elon Musk's enormous $1.5 billion investment.

We don't know who are going to follow in their footsteps, maybe majority of them are already in the bitcoin ecosystem since 2018's bear market.

[enhu]

Billionaires are now up to pump Bitcoin.  After the Gamestop, I think its really going to make rich guys try to move into Bitcoin because there is more money to gain. They try the Doge and they will keep coming out. Good for Salinas. There were people we didn't know they were actually Bitcoin early adoptor like Salinas, he isn't new to Bitcoin since he had also invested in BTC since 2013.

Is anyone also excited to see whether Warren Buffet admits to investing in BTC and also add BTC to his twitter Bio?

[Sithara007]

Is anyone also excited to see whether Warren Buffet admits to investing in BTC and also add BTC to his twitter Bio?

It is really irritating to see this old fart mentioned around here so often. No one cares about Warren Buffet, and his time's up. He made some decent investments during 1980s and 1990s and that is it. He is not compatible with the 21st century. The old grumpy man has an aversion to new technology, which was out in the open after his outburst against cryptocurrency. He needs to be ignored and forgotten. Tell me a single achievement from this guy during the last two decades. And I don't know why the users here give so much importance to him.

We are doing a great disservice to the cryptocurrency sector, by providing publicity to those who are hostile to Bitcoin such as Buffet.

[iv4n]

When the richest do it, the ones behind follow! Isn't that a joke!? After Elon we have a trend, and maybe now we can understand why after Elon actions we saw the price rise, his friends are following him!

Is he the richest man now with the recent Bitcoin rise? Pretty sure he was 2nd richest man a few months ago.

He said Bitcoin was the best Investment he has ever made.

This is a good one! If he invested enough, if he decided to risk a bit more of his wealth, I can bet he is first now, but only if he did it like that... If he bought just a little portion than I doubt he is first, and I am sure he is regretting he didn't invest more!

Anyway good trend for all of us... now we can just think where will be the top of this rise, how high they can push the price!?

[bryant.coleman]

When the richest do it, the ones behind follow! Isn't that a joke!? After Elon we have a trend, and maybe now we can understand why after Elon actions we saw the price rise, his friends are following him!

They maybe trying to pump Bitcoin. For those who are having huge Bitcoin holdings, increased exchange rates mean more profits. Elon has clarified that he doesn't own any significant amount of BTC, but that is not the case with Ricardo Salinas Pliego. He will benefit, in case the Bitcoin prices go up. The same goes for us, cryptocurrency users as well. We all benefit when the prices go up.

[Wind_FURY]

Before Michael Saylor, Elon Musk, and the Mexican, it was Steve Bannon.

It wasn’t as hyped as Saylor and Elon, but I believe Steve’s conception of Bitcoin would be the most respected by the community.

https://www.investopedia.com/news/steve-bannon-buying-bitcoin/

Bannon refers to bitcoin as “disruptive populism”. “It takes control back from central authorities. “It’s revolutionary,” he says. He also rails against central banks who “debase your currency” and refers to US citizens as “slaves to debt.”

[bosede1]

I know for sure that this will have a positive effect on the adoption of several people especially some of their acquaintances and followers and also a neutral person. This will attract many new investors into the crypto market and world.

[Red Pie]

It has become the trend of recent times.  When Elon Musk wrote bitcoin to his profile information in the same way, there was a serious increase.  The fact that such rich people also support bitcoin can cause very good days to begin.

[peter0425]

If i'm not mistaken this Man has has been posted here some time last year about investing part of His wealth inside bitcoin, i just cant remember it right.

I know for sure that this will have a positive effect on the adoption of several people especially some of their acquaintances and followers and also a neutral person. This will attract many new investors into the crypto market and world.

actually adoption has already happening and those richest man are only going with the flow because they don't wanna be late for the ride .

[masterrex]

"The third wealthiest man in Mexico, Ricardo Salinas Pliego, has updated his Twitter biography to include Bitcoin. This move has picked up a trend among high ranking investors in the cryptocurrency, including BTC whales such as Michael Saylor and  Anthony Scaramucci."

Who do you think will be following in their footsteps? Will these steps promote mass adoption? Your thought?!

_{Source
https://mycryptoparadise.com/third-richest-man-in-mexico-updates-his-twitter-bio-to-include-bitcoin/}

Well, I believe it can influence because those people are very rich a Multi-Billionaires like Elon Musk Ricardo Salinas Pliego is also a Billionaire that's why many people know them because they are super rich I'm sure many are trying to copy their strategy on how to become a Billionaire and every important detail regarding investment from them will be surely picked by the people who knows them. Just my opinion.  

[SquallLeonhart]

He’s a wealthy man and he’s definitely an influencer, so for sure there will be people who will follow his footsteps to start investing in Bitcoin because he mentioned. That’s going to help in the adoption.

The more there are influencers and celebrities that are steady talking about crypto and promoting it to their followers, there will be lots of people who will be picking interest and investing their money and that’s how adoption works, it doesn’t come out of no way, you first have to see someone talk about it and then you will start developing interest.

[Renampun]

It has become the trend of recent times.  When Elon Musk wrote bitcoin to his profile information in the same way, there was a serious increase.  The fact that such rich people also support bitcoin can cause very good days to begin.

*just wait for the celebrities to do the same on their Twitter bio...
the power of those who influence was immense in manipulating the minds of citizens. more and more days they will definitely continue to increase. Bitcoin will be the most in-demand.

[vaultman]

Apparently he already managed to buy bitcoins and now any bitcoin advertising will go into his hands. Obviously, the value of bitcoin will definitely reach up to 50 thousand dollars, and if we take into account such PR, then we can confidently assume that if famous personalities and institutional investors continue to talk about bitcoin and invest their funds in it, then the value of bitcoin will reach 100 thousand dollars already this year.

[imstillthebest]

richest man or third rich man in mexico  . which is correct between the two ? you cant be the richest if you are ranked 3rd but richest are ranked 1st . dont know if this came first before elon musk added btc to his twitter bio or this came second but both of them are rich individuals , the next would be folling their footspteps are also millionare and are a popular personality because there are millionaires that arent famous . they hide themselve because they are humble or scared to get robbed .

[CarnagexD]

The free publicity is good and all but I'm kinda not biying the fact that a lot of corporations, and basically wealthy and influential personalities who are buying bitcoin and crypto now. Sure it is good for the economy of bitcoin and promotes adoption and acceptance pf the public, but the more people whaling on bitcoins the less power us small-time investors will have over them. In the end, capitalism will take over once again.

[Pamadar]

The free publicity is good and all but I'm kinda not biying the fact that a lot of corporations, and basically wealthy and influential personalities who are buying bitcoin and crypto now. Sure it is good for the economy of bitcoin and promotes adoption and acceptance pf the public, but the more people whaling on bitcoins the less power us small-time investors will have over them. In the end, capitalism will take over once again.

Reality that we can't deny, those whales seen the potential of this industry where traders and investors are actives.

They can bring big amount of capital to make sure that they are not left behind from this golden opportunities that they've got, end point
those rich and wealthy people always dominates any venue that's related to money making industry. Ride and go with the flow instead of trying to avoid them to jump up.

[Japinat]

"The third wealthiest man in Mexico, Ricardo Salinas Pliego, has updated his Twitter biography to include Bitcoin. This move has picked up a trend among high ranking investors in the cryptocurrency, including BTC whales such as Michael Saylor and  Anthony Scaramucci."

Who do you think will be following in their footsteps? Will these steps promote mass adoption? Your thought?!

_{Source
https://mycryptoparadise.com/third-richest-man-in-mexico-updates-his-twitter-bio-to-include-bitcoin/}

I think they are in crypto already since the last Bullrun, they just come out because Elon Musk triggered for them to publicize their names. TBH, they are not familiar to me, maybe I've heard their names before in the news.

Social media is now a medium of success and huge adoption of crypto. They are now used for more market exposure and advertisement.

[AmoreJaz]

The free publicity is good and all but I'm kinda not biying the fact that a lot of corporations, and basically wealthy and influential personalities who are buying bitcoin and crypto now. Sure it is good for the economy of bitcoin and promotes adoption and acceptance pf the public, but the more people whaling on bitcoins the less power us small-time investors will have over them. In the end, capitalism will take over once again.

Reality that we can't deny, those whales seen the potential of this industry where traders and investors are actives.

They can bring big amount of capital to make sure that they are not left behind from this golden opportunities that they've got, end point
those rich and wealthy people always dominates any venue that's related to money making industry. Ride and go with the flow instead of trying to avoid them to jump up.

expect things like this. riding the bandwagon. if nothing else, this is good for crypto community. but hopefully it will not give disappointment to new users who more then likely have high expectations.
this is where these noobs making a mistake. a lot of them thought that crypto is the way to get rich, but they are wrong. theres more than meets the eyes here. hope they will find their ways before experiencing their screw ups one after another and blame crypto for their losses

[hulla]

The trend now is tweet about bitcoin and expect a rally, Elon Musk is doing it successfully and the market is responding to all of his tweets but what about the influence power of the richest man in Mexico, the market went down today may be because of the power of the tweet .

It all good now that the whales are creating a different type of hype in the market using the power of social because there was once a moment where nothing of the mogul and celebrities will publicly make an announcement about cryptocurrency.
Having said that, the reason why Elon is doing the hype successful is because of his new rank in the world and a lot of people will want to earn through his knowledge/statement.

[hatshepsut93]

Will these steps promote mass adoption? Your thought?!

This is mass adoption. Billionaires, institutions, companies are a part of the mass too. We are witnessing the beginning of the official adoption phase, and after that, maybe years later, Bitcoin will be an established asset just like precious metal, and more of the general population will invest in it, because even now a lot of people only view it as a risky speculative investment.

Mass adoption for payments is not possible until Lightning Network is ready and price is stable.