Mexican billionaire changes Twitter bio to Bitcoin

[bbc.reporter]

This appears that Michael Saylor and Elon Musk were only the beginning. I never gave much consideration to the prediction of $100k, I am a realist. However, with more billionaires pumping this, I might need to adjust my imagination on where the present bull market might end hehe.



Mexico’s second wealthiest man, Ricardo Salinas Pliego, has just changed his Twitter biography to Bitcoin. He joins the ranks of many rich folks who brandish their allegiance to BTC with pride in their bios, including MicroStrategy’s Michael Saylor, Skybridge’s Anthony Scaramucci, and, for a brief spell, the world’s richest man, Elon Musk.

Salinas is the founder and chairman of Grupo Salinas, a Mexican media and retail conglomerate comprising TV Elektra, the country’s second-largest broadcaster, and Grupo Elektra, a home appliance and electronics retailer.

Read in full https://decrypt.co/56900/mexicos-second-wealthiest-man-changes-twitter-bio-to-bitcoin

[Tstar]

That cool! While he doesn't have the charisma or the followers base of Musk to make the same impact, every 'converted' soul counts Especially when it's a billionaire soul with many rich friends.

[ice098]

It's quite funny that people in the social media makes their bio like #bitcoin, they are now influenced people to buy bitcoin and people will believe of course because they have the name and the credibility but it will only lead to Fomo in which people need to learn that all trades may be dump or pump in an instant without prior notice, they need to learn that crypto is volatile as well, most of them I think will buy bitcoin but they didn't research nor aware its volatility and its market condition in the past few years, I'm not against these people but they should tweet that people need to #dyor before investing. I hope that there's a #dyor next to #bitcoin. I really love bitcoin and crypto too.

[Vaskiy]

The richest person of the world has made the change to his bio, and now its the richest person of Mexico. The market is getting completely into the hands of rich ones, because they're the one who are able to make large scale investments at this high price point. With small investors and hodlers it is a fearful time period, because how long the market gets pumped and should they get the return at the shortest.

What is said in the OP is true. With more and more number of well known rich people getting into cryptocurrency market will surely cause high rise and makes reaching $100k an easy thing than decline.

[MinoRaiola]

How many people can these people reach in the next few years and be convinced by BTC? Compared to the real life mainstream, people like to smile at people when they talk about bitcoin, blockchain and crypto currencies. It's a little different in social media and which stars (multipliers or media stars) are joining this trend and how it is developing is very positive after current events.
According to Twitter, +330 million people actively use the short message service every month, i.e. a large community.

[Yamifoud]

I have read another thread similar to this...
https://bitcointalk.org/index.php?topic=5315800.0

Anyway,
What happens these days is a big surprise that this Billionaire showed to the social media and support crypto. Don't tell me that they are now investing Bitcoin as their additional investment or they are also accumulation Bitcoin for future use.
And if this will fuel more to the hypes, then I'm gonna be thinking that $100k is really to be achievable.

Let's see what will happen next but that seems interesting as more powerful and influential people come to crypto now.

[bbc.reporter]

@Yamifoud. The billionaires who are shilling Bitcoin might also be similar to the ordinary investors in this forum. They buy bitcoin quietly then shill it to make the price pump hehehe. Is it not what we do?

[Janation]

Now they are flocking to Bitcoin.

While most of these billionaires and millionaires in the past question the decentralization and the anonimity of Bitcoin, now they are a proud investor. Some are still holding their past belief while others are secretly investing. If they believe at it earlier, we are racing now to $150K, for sure.

[ice18]

Latest celebrities that I saw on twitter shilling bitcoin is Lindsay Lohan and also the vlogger Mr Beast (@MrBeastYT) who has both million of followers also have a Bitcoin bio, the popularity of bitcoin is truly inevitable and you are right OP looks like this is only the beginning more CEOs, celebrities and millionaires will join the club for sure.      

[ubercool]

I can indeed say that I had predicted this. When Slayer openly supported Bitcoin, no one came forward, but now the World's Richest Man is brandishing it, all of these Billionaires are coming out. We all know that most of these Billionaires have already bought crypto and do not openly say it because of the government's or the SEC's fear. This is still the beginning; many of them will come out when big companies start accepting crypto as payment, and the crypto race will begin.

[bbc.reporter]

Now they are flocking to Bitcoin.

While most of these billionaires and millionaires in the past question the decentralization and the anonimity of Bitcoin, now they are a proud investor. Some are still holding their past belief while others are secretly investing. If they believe at it earlier, we are racing now to $150K, for sure.

What do you reckon turned them into billionaires and millionaires? They take a risk and gamble hehehe. They will always flock wherever they can take advantage of the situation to make money. This bull market today is that situation.

[Lorence.xD]

Latest celebrities that I saw on twitter shilling bitcoin is Lindsay Lohan and also the vlogger Mr Beast (@MrBeastYT) who has both million of followers also have a Bitcoin bio, the popularity of bitcoin is truly inevitable and you are right OP looks like this is only the beginning more CEOs, celebrities and millionaires will join the club for sure.      

If Mr. Beast is on board then chances are a lot of people are going to follow that footsteps, he is an influential content creator in the platform. I think that it will only rise in popularity because a lot of people are finding alternatives to aid their financial situation and I think that with more millennial celebrities shilling for bitcoin, I think that an unprecedented growth is going to happen.

[davis196]

Meh,he just changed his Twitter BIO with a Bitcoin hashtag.
That doesn't mean anything.Did he actually bought any Bitcoins?
Is there any proof that he bought BTC?
It's good news that billionaires are getting more into Bitcoin,but I assume that this guy is just slightly interested in Bitcoin.He might buy or he might not buy BTC in the future.
I wish more ordinary people join the Bitcoin army,not just a bunch of billionaires and corporations.

[maydna]

I guess he wants to be the next Elon Musk who add bitcoin to his bio

But that will positively affect his friends who see that, and maybe that can attract people around him to search for the bitcoin news. If that happens, it can help bitcoin be known in his country or city to make bitcoin more popular in his country. But we don't know if he buys bitcoin or not or only wants to make sensation because of what Elon Musks did yesterday.

[DapanasFruit]

And it would be much better if he can confirm his involvement with Bitcoin or maybe even just a plan for his conglomerate to buy millions of  dollar worth of Bitcoin for holding, just like what Tesla did. I am sure that more and more rich and money personalities will be coming out to support Bitcoin either in just talk and importantly by doing the talk. Will this be the start of a different type of FOMO affecting the rich and famous...well in the past there was that rush of celebrities expressing support for cryptocurrency but this time around a different category of supporters is sprouting out and these people really have the real financial muscle, big influence and can easily get the attention of the media.

[Janation]

Now they are flocking to Bitcoin.

While most of these billionaires and millionaires in the past question the decentralization and the anonimity of Bitcoin, now they are a proud investor. Some are still holding their past belief while others are secretly investing. If they believe at it earlier, we are racing now to $150K, for sure.

What do you reckon turned them into billionaires and millionaires? They take a risk and gamble hehehe. They will always flock wherever they can take advantage of the situation to make money. This bull market today is that situation.

I do know their nature.

But it is just annoying how most of them don't even want to be a part of Bitcoin. That it is just a "scam", "a bubble that would pop in the near future" as they say it, and now they will be eating all of their words.

[UserU]

I do know their nature.

But it is just annoying how most of them don't even want to be a part of Bitcoin. That it is just a "scam", "a bubble that would pop in the near future" as they say it, and now they will be eating all of their words.

#mcafeeeatinghisowndick

Well, it's all about joining the hype train. Before that, nobody batted an eyelid about Bitcoin before it broke 10K. Now most of them see it as an express money-making machine.

Then one day we'll see Warren entering.

[Obito]

I guess he wants to be the next Elon Musk who add bitcoin to his bio

But that will positively affect his friends who see that, and maybe that can attract people around him to search for the bitcoin news. If that happens, it can help bitcoin be known in his country or city to make bitcoin more popular in his country. But we don't know if he buys bitcoin or not or only wants to make sensation because of what Elon Musks did yesterday.

Every prominent person who will put bitcoin on his or her bio will influence bitcoin prices no matter what. The only problem is whether that prominent person is either siding with bitcoin or not that will make the difference. This declarations of prominent people online will guarantee recognition among the people that they influence, hope that most recognition that bitcoin will receive would be positive.

[buwaytress]

The richest man where I come from isn't exactly the best sort of person you'd want to be friends with, neither most of the richest people in the parts of the world where I'm from.

So it's not like it'd be good for Bitcoin to have them as spokespersons. Just saying.

[VanDeinsberg12]

It seems rich people really riding the cryptocurrencies train right now being influenced by Elon Musk many of them also following to promote cryptocurrencies.
As long as it gives proper exposure then it's fine I guess. But I really wonder if these billionaire really put some investment into cryptocurrencies and not just very small portion of it.
If they go as far as having twitter bio changed to #bitcoin then I assume they know about cryptocurrencies atleast not only at the surface.