I sounds great on paper but you gotta have context about the people involved in this case
RSP is looking for ways to give the middle finger to AMLO, Mexico's current president, and find ways to offshore his taxes plus money laundering. Last year he got under huge pressure to pay an outstanding debt to the Mexican Treasury, and hes the kind of guy who's really to hold a grudge.
Topic: The First Bank In Mexico Is About to Start Accepting Bitcoin - page 3. (Read 513 times)
Ricardo Salinas Pliego, the third richest man in Mexico, said that he hopes his bank will become the first bank in Mexico to accept Bitcoin. We heard that many banks have begun to use cryptocurrencies, especially BTC. The main difference from this case is that Ricardo Salinas Pliego actually believes that BTC is a real gold equivalent, while fiat currency is actually a fraud. He said that the most significant feature of BTC is that it has a total supply, which cannot be said for any legal currency.
What do you think? Is there a real difference? Will it be a successful project?
What do you think? Is there a real difference? Will it be a successful project?
I saw this news also on Twitter and it's really shocking...
as a businessman engaged in banking, he will really change the way of thinking about Bitcoin in Mexico. people will feel safe with Bitcoin and will surely create mass adoption there.
That's a great news for bitcoin as we all know that most of the countries are against of bitcoin because it's threat to their system but there are some people who are in support of bitcoin which is very good for the future of bitcoin.
After the statement that they are eyeing Bitcoin/crypto, Mexico's central bank was quick to counter, telling "The country's financial institutions are not authorized to carry out and offer to the public operations with virtual assets such as Bitcoin" and that those who do will face "applicable sanctions."
All this is a war of words and it's not yet easy to predict what's going to happen next. For now, the central bank seems to have got a small victory, at least by slowing down the adoption there.
Full story: https://www.btctimes.com/news/Mexico-central-bank-blocks-ricardo-salinas-bitcoin-plans
All this is a war of words and it's not yet easy to predict what's going to happen next. For now, the central bank seems to have got a small victory, at least by slowing down the adoption there.
Full story: https://www.btctimes.com/news/Mexico-central-bank-blocks-ricardo-salinas-bitcoin-plans
I hope that they will give the people the freedom to have the keys for their own wallets when they try to invest or buy bitcoin in their bank kind of like a safekeeper because I think that's what's missing from other banks who do this I am happy for the announcement but if this is a not your keys, not your coins thing, I don't think I will be that amused.
Ricardo Salinas Pliego, the third richest man in Mexico, said that he hopes his bank will become the first bank in Mexico to accept Bitcoin. We heard that many banks have begun to use cryptocurrencies, especially BTC. The main difference from this case is that Ricardo Salinas Pliego actually believes that BTC is a real gold equivalent, while fiat currency is actually a fraud. He said that the most significant feature of BTC is that it has a total supply, which cannot be said for any legal currency.
What do you think? Is there a real difference? Will it be a successful project?
What do you think? Is there a real difference? Will it be a successful project?
If he has that kind of perspective, then he can try to pursue it even though he starting this kind of this alone without any other bank in Mexico will follow him. of course, it will gonna be a tough thing to do especially for those people who don't really know much more about cryptocurrency. When he wants to do this, he also needs to save some budget to educate the people about it since no one will care unless they know the value of it.
The news is good, as is all news of this style. Although in my case I would not deposit Bitcoin in a bank, you know, not your keys...
I wonder if banks accepting Bitcoin deposits are going to give any advantage, interest or anything. Banks that allow you to leave gold in a safe deposit box charge you for it but in return they give you more security than if you keep it at home. As for depositing Bitcoin, I don't see any advantage.
Just the question I'd wanted to ask. When he said, “Accepting Bitcoin” I wouldn't suppose he meant depositing Bitcoin because that's a no no. I want to believe he ment that the bank will start accepting Bitcoin transactions through the bank's like we know some government around the world did ban all Banking transactions the has to do with cryptocurrencies so this might be that such kind of transactions are now going to be accepted by the Bank plus maybe the bank wants to get into Bitcoin investment as one of their assets too. I wonder if banks accepting Bitcoin deposits are going to give any advantage, interest or anything. Banks that allow you to leave gold in a safe deposit box charge you for it but in return they give you more security than if you keep it at home. As for depositing Bitcoin, I don't see any advantage.
The news is good, as is all news of this style. Although in my case I would not deposit Bitcoin in a bank, you know, not your keys...
I wonder if banks accepting Bitcoin deposits are going to give any advantage, interest or anything. Banks that allow you to leave gold in a safe deposit box charge you for it but in return they give you more security than if you keep it at home. As for depositing Bitcoin, I don't see any advantage.
I wonder if banks accepting Bitcoin deposits are going to give any advantage, interest or anything. Banks that allow you to leave gold in a safe deposit box charge you for it but in return they give you more security than if you keep it at home. As for depositing Bitcoin, I don't see any advantage.
They are probably just considering BTC as one of the currencies to be used. It's just that they just "now" realized its actual value, knowing that many countries are just printing money out of thin air and not thinking about the economic impacts that it could cause. With BTC, it's the objective standard that nobody can control anymore to affect everyone. It's just the influencers that could manipulate the price are the ones to look out for, but it's okay if you believe in the coin.
I'm rooting for it to be implemented with their system to be even more good news with BTC, and that could be the catalyst towards the price rise.
I'm rooting for it to be implemented with their system to be even more good news with BTC, and that could be the catalyst towards the price rise.
Yes it’s very good news for Bitcoin these little victories build into big victories HODL.
Ricardo Salinas Pliego, the third richest man in Mexico, said that he hopes his bank will become the first bank in Mexico to accept Bitcoin. We heard that many banks have begun to use cryptocurrencies, especially BTC. The main difference from this case is that Ricardo Salinas Pliego actually believes that BTC is a real gold equivalent, while fiat currency is actually a fraud. He said that the most significant feature of BTC is that it has a total supply, which cannot be said for any legal currency.
What do you think? Is there a real difference? Will it be a successful project?
What do you think? Is there a real difference? Will it be a successful project?
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