Mexican Billionaire Ricardo Salinas Urges Bitcoin as a Hedge Against Fiat Inflation

Mexican business magnate Ricardo Salinas is again urging people to turn to Bitcoin as a way to protect themselves from inflation affecting fiat currencies. In comments reported by Bitcoin Magazine on September 2, 2026, Salinas described the fiat monetary system as a “fiat fraud” and encouraged individuals to escape its effects through Bitcoin. The remarks continue Salinas’s public advocacy for the cryptocurrency and his criticism of government-issued money. The report did not provide details of any new Bitcoin purchase, price target, policy announcement or market reaction. Bitcoin is the primary crypto asset linked to the report.