Banco Azteca bank to be the first to adopt Bitcoin in Latin America

[MarkRoberts]

Banco Azteca, a Mexican bank, plans to become one of the first banks in Mexico to adopt Bitcoin. Owner of the bank, Ricardo Salinas, Mexico’s third-richest person, announced the plan in a series of tweets on Sunday in which he called Bitcoin the new gold.

Ricardo Salinas is a Bitcoin supporter (BTC) whose belief that Bitcoin is a legitimate store of value and a better alternative to fiat currencies has fueled his determination to make Banco Azteca the first bank in Mexico to adopt Bitcoin. Salinas announced on Twitter in reaction to Anthony Pompliano and MicroStrategy CEO Michael Saylor’s previous remarks on Bitcoin.

According to a translated version of Salinas’ remarks given in an interview, Bitcoin is a valuable asset for a rising number of business investors due to its limited quantity of 21 million coins. According to Salinas, this programmed characteristic distinguishes Bitcoin from fiat currencies, which he refers to as fake. When asked what asset he could HODL for 30 years, Salinas selected Bitcoin.



Source: [url] https://mycryptoparadise.com/banco-azteca-bank-to-be-the-first-adopt-bitcoin-in-latin-america/[/url]