Bitcoin Advice from Mexican Billionaire, Musk’s Clash with Nakamoto, and Other Highlights — Weekly Recap

Mexican billionaire Ricardo Salinas Pliego recently advised his followers to invest in Bitcoin as a hedge against fiat currency devaluation. 

This recommendation came amid reports of the Nigerian naira’s decline against a satoshi. Prompting Salinas Pliego to advocate for Bitcoin adoption. Additionally, developments such as Elon Musk potentially being surpassed by Bitcoin’s mysterious creator.

Satoshi Nakamoto, and controversies like Nigerian artist Davido’s alleged involvement in a meme coin scam, as well as Russian companies turning to cryptocurrencies like USDT to navigate potential sanctions, reflect the evolving landscape of digital currencies and their impact on global financial systems.

Clever Robot News Desk 10^th June 2024