Billionaire Ricardo Salinas Pliego considers bitcoin the best asset

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In his view, cryptocurrencies are not subject to controls and prohibitions by the authorities

Billionaire Ricardo Salinas Pliego considers bitcoin the best asset

07.02.2022 - 09:15

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What’s new? One of Mexico’s richest men, Ricardo Salinas Pliego, gave an interview for the Bitcoin Magazine channel. One of the billionaire’s main talking points was the statement that bitcoin is superior to fiat cryptocurrencies.

The full version of the interview on Youtube

What arguments did Pliego make? The entrepreneur believes that decentralized bitcoin is poorly controlled and prohibited by the authorities. In addition, the asset can be easily moved around the world, transferring value directly between users without intermediaries. As for traditional assets such as gold or fiat currencies, they can be seized by the authorities.

The billionaire also emphasized that the limited issuance makes bitcoin a deflationary asset, allowing it to be used as a means of preserving value over the long term.

Author:

Editorial GetBlock Magazine

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