Ricardo Salinas: Mexican Billionaire on Bitcoin, Building Wealth, Capitalism and Legacy
Natalie Brunell Natalie Brunell
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 Published On Sep 7, 2023

Ricardo Salinas Pliego is the Mexican billionaire founder and chairman of Grupo Salinas, a conglomerate that includes TV Azteca, Grupo Elektra, Mazatlán F.C., Telecosmo, and Italika.

In this episode we discuss:
-Ricardo's origin story and career path
-Discovering Bitcoin and the best trade of his life
-Going from gold bug to Bitcoin maxi
-Capitalism vs crony capitalism
-Fixing the money to fix society
-Grayscale and spot Bitcoin ETFs
-Freedom vs. Control
-Education and Universita de la Libertad
-Legacy and meaning of life

Follow Ricardo on X https://x.com/RicardoBSalinas

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🗒️ IN THIS EPISODE:

00:00 Intro
00:48 Unruly kid growing up
01:35 "I was always poor. I hate that feeling."
02:23 Building wealth working for family's company
04:35 Seeing the fiat system as a fraud
05:42 Discovering Bitcoin
07:54 Grayscale (GBTC)
09:01 "Bitcoin has a problem, which is custody."
10:52 Bitcoin Amsterdam, Fold app & debit card promos
12:01 Should I trust BlackRock with Bitcoin?
15:01 Working class has been robbed
15:39 Saifedean Ammous "The Fiat Standard"
16:33 Freedom vs. slavery
17:44 "I don't care about my reputation. I know what I am."
19:12 Is Bitcoin standard realistic?
20:12 Defining capitalism
22:55 Saifedean Ammous "The Bitcoin Standard"
23:47 Wealth "is not something to be ashamed of"
26:59 Coinkite ColdCard wallet, CrowdHealth, Orange Pill App promos
28:49 Inflation and deflation fear
30:08 "The vast majority of people are good people."
31:25 Will fixing monetary system reduce crime?
33:07 "Inequality is inherent to the human being."
35:59 Billionaires like Elon Musk
38:53 "How do I get out of paycheck to paycheck?"
40:12 Universidad de la Libertad
41:12 Ricardo Salinas legacy
42:35 Will the world be better for Ricardo's children and grandchildren?

💡 OTHER RESOURCES

Natalie’s website https://talkingbitcoin.com/
Ricardo's blog https://www.ricardosalinas.com/

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Producer: Aron Bender   / aron-bender  

DISCLAIMER This show is for entertainment purposes only and does not give financial advice. #bitcoin #cryptocurrency #money

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