{"id":4654,"date":"2021-06-27T21:07:39","date_gmt":"2021-06-27T20:07:39","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=4654"},"modified":"2021-06-27T21:07:46","modified_gmt":"2021-06-27T20:07:46","slug":"bitcoin-is-apparently-mexicos-third-richest-mans-gold","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bitcoin-is-apparently-mexicos-third-richest-mans-gold\/","title":{"rendered":"Bitcoin Is Apparently Mexico’s Third Richest Man’s Gold"},"content":{"rendered":"\n
Ricardo Salinas Pliego boosts his bet on Bitcoin <\/a>(BTC) as gold and the US currency come under fire.<\/h5>\n\n\n\n
\"Bitcoin<\/figure>\n\n\n\n

Pliego, Mexico's third-richest man\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, considers Bitcoin (BTC) to be the “new gold.” He\u00a0\u00a0revealed in a tweet on June 27 that he prefers Bitcoin to fiat currency or gold as an investment.<\/p>\n\n\n\n

Pliego emphasizes the advantages of Bitcoin<\/h2>\n\n\n\n

Pliego, who is already well-known as a  Bitcoin zealot, has remained firm in his beliefs, bolstering South America's burgeoning interest in the world's largest cryptocurrency.<\/p>\n\n\n\n

“That\u2019s totally right, Bitcoin is the new gold, but too much more portable, transport Bitcoin is so much easier than having your in pockets gold bars \u2026 and i know that I\u2019m going to be attacked by gold lovers,” he responded to a tweet by MicroStrategy CEO, Michael Saylor.<\/p>\n\n\n\n

Saylor had pointed to a previous video interview with Pliego in which he stated that when it comes to wealth preservation, Bitcoin <\/a>clearly outperforms the US dollar.<\/p>\n\n\n\n

\"\"
XAU\/BTC 1-day candle chart. Source: TradingView
<\/figcaption><\/figure>\n\n\n\n

Pliego has expressed his admiration for Bitcoin on various occasions and across multiple media, including in a special interview with Cointelegraph at the beginning of the year.<\/p>\n\n\n\n

He drew a blank when asked by a Twitter user how Mexico could follow El Salvador in making it legal tender.<\/p>\n\n\n\n

“No idea,” he replied.<\/p>\n\n\n\n

“Most of the Bitcoin<\/a> buyers who bought the last dip below $30K will not buy the next,” he claimed in one of two tweets on Friday.<\/p>\n\n\n\n

“The main buyers will be those who took profits on the bounce. Therefore the next dip will not enjoy nearly as much support. New buyers will likely show up at $20K, but fewer than did at $30K.”<\/p>\n\n\n\n

Analysts have admitted that a drop below $20,000 or possibly lower is a conceivable. After a fresh check this weekend, though, BTC\/USD maintained $30,000 support.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Ricardo Salinas Pliego boosts his bet on Bitcoin (BTC) as gold and the US currency come under fire. Pliego, Mexico’s third-richest man , considers Bitcoin (BTC) to be the “new gold.” He\u00a0\u00a0revealed in a tweet on June 27 that he prefers Bitcoin to fiat currency or gold as an investment. Pliego emphasizes the advantages of […]<\/p>\n","protected":false},"author":13,"featured_media":4655,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83,21],"tags":[152,260],"class_list":["post-4654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","category-news","tag-bitcoin","tag-gold"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/06\/image-64.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/4654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=4654"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/4654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/4655"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=4654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=4654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=4654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}