Bitcoiner dismantles the myth of the Mexican peso against inflation

In Mexico, where the stability of the peso is often a topic of debate, a bitcoiner made a comparison between the performance of the Mexican peso (MXN) and bitcoin (BTC) over the last eight years. He argues that the peso has lost purchasing power while the pioneering digital currency has multiplied its value.

Maciej Cepnik uses a tool from the Aureo platform that reveals a 28% loss in purchasing power of the peso since 2018. Based on this, adjust the figure to around 45% of accumulated inflationarguing that the official index of the Bank of Mexico (Banxico) underestimates costs such as housing and real living expenses.

In the same period (8 years), bitcoin generated a profit of 866%. If you had converted 100,000 pesos 8 years ago to bitcoin, today you would have almost a million in value. Furthermore, 28% represents the loss of purchasing power, not accumulated inflation, which is around 45%. This means that the purchasing power of the peso has fallen by almost a third in less than a decade.

Maciej Cepnik, bitcoiner and co-founder of the Aureo exchange platform in Mexico.

Data from the Bank of Mexico show average annual inflation of 4-5% in recent years. However, Cepnik points out that These official figures do not fully include increases in items such as housing and other essential costs.

It is true that bitcoin has experienced a significant increase in its price over the years, making it one of the assets with the highest historical performance over long periods. However, the calculations presented by the bitcoiner contain slight errors that are worth clarifying for a more accurate view. In January 2018, bitcoin was trading at approximately $17,000 at the beginning of January and closed the month (January 31, 2018) at around $10,000.

Therefore, the percentage growth of the bitcoin price from 2018 to January 30, 2026, measured in Mexican pesos, it is approximately 750% (that is, the price has multiplied by about 8 times in nominal terms in MXN).

This, taking into account that currently (January 2026), bitcoin is around 83,000 dollars (approximately 1.5 million pesos). An investment of 100,000 pesos in bitcoin in 2018 would have grown to around 1,000,000 pesos today, aligned with the 866% return figure cited by the bitcoiner.

Beyond the numbers, Cepnik presents bitcoin as a “savings technology” and a new form of money. Responding to a user who jokingly regretted having “missed the boat” on bitcoin, Cepnik emphasized:

There is no next train for bitcoin. Of course, there are investments that could bring higher returns, but they are only investments and ephemeral. Bitcoin is savings technology and a new form of money, the goal is to accumulate as much as possible throughout your life by buying little by little.

Maciej Cepnik, bitcoiner residing in Mexico.

This perspective from Cepnik highlights the method of gradual accumulation (DCA or Dollar-Cost Averaging) and the long-term vision promoted by many enthusiasts of the currency created by Satoshi Nakamoto.

The discussion promoted by Cepnik occurs at a time of growing adoption and interest in bitcoin in Mexico and throughout Latin America. The volatility of the peso at times and the constant search for mechanisms to preserving capital value are key factors driving many towards digital assetsas demonstrated by the recent participation of some 350 people from Latin America in a Diploma on BTC.

Cepnik, recognized for his participation in international conferences such as Bitcoin Amsterdam and for his local activism, emphasizes the importance of personal research before any investment or applying the progressive accumulation strategy.

This exchange reflects a broader trend in Mexico and Latin America, where bitcoin is increasingly seen as a store of value against persistent inflation in fiat currencies. The Mexican peso maintains relative stability compared to episodes of hyperinflation in other countries in the region.