Mexican Billionaire, Who Set Up One of the Nation's Top Banks, Called Dollar-Like Fiat Money The 'Biggest Fraud' And Sees Bitcoin As The Only Escape

Group 1 - Mexican business tycoon Ricardo Salinas Pliego expresses strong belief in Bitcoin while criticizing fiat currencies as a "fraud" [2][4] - Salinas argues that money deposited in banks is not safe, as it is often loaned out rather than kept in reserve [3][5] - He emphasizes the importance of financial freedom and control through Bitcoin, suggesting that many are trapped in a "matrix" of government control [3][4] Group 2 - Salinas holds 80% of his wealth in Bitcoin, with a net worth exceeding $5 billion, and has minimal exposure to stocks [5] - He began investing in Bitcoin when it was around $200 and made significant profits, selling it for approximately $17,000 [5]