Post
Topic
Board Bitcoin Discussion
Re: Mexico's third richest person: 10% of assets are Bitcoin
by
Yogee
on 24/06/2021, 17:08:00 UTC
...
Because Bitcoin can protect citizens’ property from being confiscated, it is safest for him to invest 10% of his existing assets in Bitcoin.
We are talking about Mexico. Does the Government apprehend rich people under their jurisdiction?

It also doesn't mean it's already safe from seizure when he invested his fiat to BTC. That's still possible if he used custodial services or kept it on non-custodial wallets, or centralized exchanges.