# Why Billionaire Ricardo Salinas Keeps Turning Cash Into Bitcoin

Page: https://stenobird.com/podcast/coindesk-podcast-network-334494/why-billionaire-ricardo-salinas-keeps-turning-cash-into-bitcoin
Text version: https://stenobird.com/podcast/coindesk-podcast-network-334494/why-billionaire-ricardo-salinas-keeps-turning-cash-into-bitcoin.md
Podcast: [CoinDesk Podcast Network](https://stenobird.com/podcast/coindesk-podcast-network-334494)
Published: 2026-06-17T13:00:00+00:00
Episode link: https://traffic.megaphone.fm/CDI6563250286.mp3
Audio file: https://traffic.megaphone.fm/CDI6563250286.mp3
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JSON: https://stenobird.com/v1/public/podcasts/coindesk-podcast-network-334494/episodes/why-billionaire-ricardo-salinas-keeps-turning-cash-into-bitcoin
Duration seconds: 2643

## Resource

Ricardo Salinas calls fiat a "fraud." And, will he run for office in Mexico? Ricardo Salinas, founder and president of Grupo Salinas, joins CoinDesk's Jennifer Sanasie and Ollie Acuna for a wide-ranging conversation on Bitcoin, fiat debasement, and the future of Mexico. Plus, insights into U.S.–Mexico remittances and his potential 2030 run for presidency. - Timecodes: 00:00 Ricardo Salinas Joins CoinDesk 00:50 Money Talk at the Family Table 02:11 Discovering Bitcoin in 2013 03:52 Does Bitcoin Beat Gold and Silver? 06:11 Stablecoins Are the Same as Bank Deposits 07:37 The Gold Bugs in the Salinas Family 11:17 No AI Bubble: Why Salinas Stays Out 12:54 The MicroStrategy STRC Recommendation 15:02 Inside the $500M Weekly Remittance Business 21:12 Mexico's 'Violent' Anti-Crypto Stance 24:53 The Mexican Government's Narco Problem 27:32 Salinas's 2030 Presidential Run? 30:21 The Anchorage Digital Stablecoin Partnership 34:46 Salinas's Bitcoin Price Outlook 40:19 Why Salinas Advised His Wife to Mortgage her Home for Bitcoin 41:55 A Message to Mexico

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## Transcript

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