lui Ricardo Salinas Bitcoin Masterclass, Partea 1: Fiat Fraud – cu Keiser și Herbert

By Bitcoinist - acum 2 ani - Timp de citire: 4 minute

lui Ricardo Salinas Bitcoin Masterclass, Partea 1: Fiat Fraud – cu Keiser și Herbert

By now, Mexican billionaire Ricardo Salinas is a bitcoin staple. His keynote at the Bitcoin Conferință 2022 era vorba în oraș și faptul că he has 10% of his assets in bitcoin nu poate fi ignorat. La urma urmei, el este a treia cea mai bogată persoană din Mexic, astfel că 10% reprezintă probabil o sumă nelegiuită. Și astăzi, vom diseca acest interviu lui Ricardo Salinas de Max Keizer și Stacy Herbert din avionul său privat.

Așa e, Keizer și Herbert au transformat călătoria cu avionul care a culminat cu această vizită în El Salvador into content. This interview is so full of jewels that we’re going to have to break it into parts. Consider the following article a companion piece to the video, which you should definitely watch. We are going to focus on Bitcoin and the current financial system, but the three characters discuss other topics like Ricardo Salina’s social media presence, Venice, and the meaning of the word “pendejo.”

Ricardo Salina’s Bitcoin Poveste

How did a born-with-a-silver-spoon Mexican entrepreneur discover bitcoin? “My father and I have always been very conscious about how the monetary debasement was going on,” starts Ricardo Salinas, after confessing both of them were “gold bugs.” During the interview, Salinas doesn’t utter one bad word about gold, which he doesn’t consider bitcoin’s competition. On the other hand, he always refers to the current system as “The fiat fraud.”

Ricardo Salinas first bought bitcoin as a trade, and suddenly realized it was even better than gold because of its inherent characteristics:

Finite issue Self custody Unseizable

Still, Salinas considers bitcoin “an asset that you can trade. It’s an asset, just like an Apple stock or a gold bar.” Later on, though, when comparing bitcoin to gold Salinas says that bitcoin is  “a better asset because it can be more secure, it can be more portable (…) it’s more divisible, verifiable. It’s just a better asset in many ways.”

And he’s right, bitcoin is an asset. Nevertheless, it’s also so much more.

Graficul prețurilor BTC pentru 05/05/2022 pe Bittrex | Sursa: BTC / USD pe TradingView.com

Salinas despre El Salvador și sistemul Fiat

That private jet is heading to El Salvador, where Ricardo Salinas met with President Bukele. About their Bitcoin Law, he says, “to stop being a colony, it takes more than just issuing your own currency or having solid currency.” However, he also sees the possible disadvantages, “it’s not easy to just be sovereign, meaning cutting ties. It’s not good for anyone to cut ties.”

El día de hoy, am primit în casa presidencial El Presidente de El Salvador @naybbukele, leve a regalar “El primer mapa de Mexico” și un balero și recibí de su parte un #Bitcoin en moneda. Multe mulțumiri Presidente pentru timp și pentru primirea grată. Es un gusto!!! pic.twitter.com/E1BE6S7sAY

- Ricardo Salinas Pliego (@RicardoBSalinas) Martie 25, 2022

In general, Salinas has a slightly apocalyptic view of what’s happening. He thinks that bitcoin is “not good for the people in power. And they’re not giving up their power lightly.” However, that doesn’t mean he’s in favor of the fiat fraud. Not in the slightest. “The fiat system has allowed the big state to exist, and that means two things. It means the war state, the national security state, and on the other hand, it means the welfare state. So I call it the welfare-warfare state. That is what fiat has allowed to happen.”

Despre proprietate și bani digitali

“Making payments in a digital way is absolutely the future,” Salinas says. His bank, the Banco Azteca, hasn’t merged with the bitcoin network because of regulatory constraints. Speaking about confiscation, Herbert brings how the US froze the Russian reserves, Salinas puts forth the example of the Canadian truckers’ frozen donations and states, “everything you have in fiat doesn’t really belong to you.”

When Keiser brings up the possibility of bitcoin changing the current system for the better, Salinas is not as hopeful. “The majority of the people are having a good life by living at the expense of another minority,” he says, bringing the budgets of the Military-Industrial Complex and the Welfare State as examples. The “fiat fraud is what facilitates the current day slavery,” Ricardo Salinas states.

What’s the solution, though? You guessed it. “I love Bitcoin because it puts everyone on an equal base in terms of purchasing power, and it gives no unfair advantage,” he says.”We need an environment of freedom which permits, and encourages, and applauds innovation.” That gives rise to a cycle, “people copy innovation and make it better. Competition.” However, we don’t have that because we don’t have freedom.

That’s it for this first part. Tune in tomorrow for the second edition of this companion piece to the “Mexican Billionaire Ricardo Salinas: Private Jet Bitcoin Interview w/ Max Keiser & Stacy Herbert” video. Before we go, Bitcoinist leaves you with this Ricardo Salinas jewel for you to reflect on: “To be able to see the truth is liberating. Even if the truth is not what you want.”

Imagine prezentată: captură de ecran Ricardo Salinas din videoclip | Diagrame după TradingView

Sursă originală: Bitcoineste