Making Bitcoin legal tender is Mexico will be 'an uphill battle,' says Ricardo Salinas

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Making Bitcoin legal tender is Mexico will be 'an uphill battle,' says Ricardo Salinas
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Watch Cointelegraph's interview with RicardoBSalinas at the TheBitcoinConf as he discusses his love for Bitcoin. (Reporting via Ornella_Hdz)

During the Bitcoin 2022 Conference in Miami, Florida, Cointelegraph caught up with Ricardo Salinas, the founder and chairman at Grupo Salinas, in an exclusive sit-down interview. As an early Bitcoin adopter, since its $200 days, Salinas has experienced first-hand the highs and lows of the market, and learned a thing or two along the way.

Salinas started off the day as a panelist at the main stage of the Miami Beach Convention Center among fellow billionaires Orlando Bravo, Marcelo Claure and Dan Tapiero. In a discussion titled"Bitcoin Billionaire Capital Allocators," Salinas disclosed that 60% of his portfolio is in Bitcoin, while the other 40% is a mix of oil and gas investments.That same day, April 7, fellow conference attendee Mexican senator Indira Kempis announced that she.

"The powers at the central bank and ministry of finance hate Bitcoin because of the freedom it represents and it's a direct threat to their monopoly money." As the founder of the Mexican bank, Banco Azteca, Salinas admits he's part of a problematic system and reveals that he'd love for his bank to have access to bitcoin payments, deposits and lending. In the meantime, however, as the owner of the Elektra Group supermarket chain, he is currently working on enabling the retailers to accept Bitcoin payments for all items.

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