Mexican billionaire Ricardo Salinas urges followers to buy Bitcoin to ward off fiat inflation
Mexican billionaire Ricardo Salinas urges his followers to buy Bitcoin as a means to ward off fiat inflation. It is reported that his current allocation of Bitcoin in his portfolio has reached 70%.
Points:
Salinas pointed out that fiat inflation is like an implicit tax that continues to erode the real value of wages and savings.
He called on his followers to buy and hold Bitcoin because the supply of Bitcoin cannot be increased at will.
At the beginning of 2026, Salinas revealed that Bitcoin's share of its investment portfolio has increased from 10% to 70%.
Bitcoin inflation warning
On August 31, Salinas told millions of followers on social media that "fiat inflation is an implicit tax" and pointed out that additional currency issuance would reduce the value of wages and savings. Later, he advised people to buy and hold Bitcoin.
In the accompanying video, Salinas said that unlike government-issued currencies, Bitcoin prevents authorities or institutions from issuing additional monetary units at will. "No one can print more money just because they want it," Salinas said.
Salinas served as chairman of Grupo Elektra and founder of Banco Azteca. Criticizing the central bank's policies has become a common theme in his public appearances. This view runs through his interviews, speeches and social media posts.
Transformation of Salinas Portfolio
The Mexican businessman linked his Bitcoin holdings directly to his belief that monetary expansion erodes purchasing power over time. His personal asset allocation is also clearly shifting in this direction. [TAG
In early 2026, Salinas said he had increased bitcoin from 10% to 70% of his portfolio, significantly increasing his exposure to the cryptocurrency. The disclosure provides more context for his recent comments, as he has linked his personal investment strategy to the monetary arguments he espouses.
At the 2022 Bitcoin Conference, Salinas called traditional government currencies a "fiat scam" and criticized the Federal Reserve for "printing money out of thin air and making false purchases."
He also revealed that he had persuaded his wife to mortgage the property to buy Bitcoin.
For years, Salinas has advocated the same stance, citing inflation and central bank policies as the main basis for his support for Bitcoin. His increase in Bitcoin allocation from 10% to 70% in 2026 is one of the most obvious upgrades to his long-standing public stance on monetary policy issues in recent years.

Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC