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Ricardo Salinas backs Bitcoin, calls fiat inflation an "hidden tax"
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News EditorAccording to Bitcoin Magazine, Mexican billionaire Ricardo Salinas publicly voiced support for Bitcoin and said it changed a basic rule: no one can print more money just because they want to. He also described fiat-currency inflation as a "hidden tax" and urged people to learn about Bitcoin, buy it and hold it to protect savings and defend freedom. The report also said Salinas is currently under tax-fraud investigation in Mexico and the United States.
According to Bitcoin Magazine, Mexican billionaire Ricardo Salinas has publicly voiced support for Bitcoin.
Salinas said Bitcoin changed a basic rule: no one can print more money just because they want to. He also described fiat-currency inflation as a "hidden tax" and urged people to learn about the topic, buy Bitcoin and hold it to protect savings and defend freedom.
The report also said Salinas is currently under tax-fraud investigation in Mexico and the United States.
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