Meta’s AI Shopping Push Grows as Agentic Commerce Remains Below 1% 
Elon Musk’s Boring Company Raises $3 Billion at $23 Billion Valuation 
Asian Currencies Steady as Yen Holds Firm, Oil Tops $100 
U.S. Accuses Chinese AI Firms of Extracting Model Capabilities 
Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise 
TetherMax Expands into Asian Market Following Rebranding, Names Actor Yun Siyun as Brand Ambassador 
Samsung, Qualcomm 2nm Chip Deal Delayed Over Pricing 
Fitch Eyes Japan Budget for Fiscal Discipline 
Gold Prices Steady as Hot PPI Boosts Fed Rate Hike Bets 
Zara Owner Inditex Sales Rise 9% in August 
UK Businesses Urge Government to Cut Electricity Levies 
Iraq Seeks 6 Million Bpd OPEC+ Oil Quota 
Add as a preferred source on Google
Mexico’s third-richest billionaire Ricardo Salinas Pliego advised people via aTwitter video to stay away from fiat currencies, like the dollar and euro, and invest in bitcoin.
Salinas, whose net worth is $13 billion, called fiat “fake money made of paper and lies” while noting that central banks are printing more money than ever before.”
Salinas is the founder and chairman of Grupo Salinas, a group of companies with interests in telecommunications, media, financial services, and retail stores.
One of the three pieces of advice he gave concerns bitcoin and central banks. The billionaire said:
In June, Salinas announced plans for his bank to be the first in Mexico to accept bitcoin.
He also believes that “Bitcoin is the new gold,” noting that it is “much more portable.”
In December, Salinas announced that his retail chain, Grupo Elektra, a leading retailer in Latin America, has started accepting bitcoin.
