Mexican billionaire Ricardo Salinas Pliego has revealed that he likes Bitcoin better than fiat, gold and silver.
Ricardo further explained that fiat is a fraud and every investor should have Bitcoin in their portfolio.
Ricardo Salinas Pliego, the third-wealthiest person in Mexico has revealed that he has been studying Bitcoin and he likens it to every other asset available. The businessman whose net worth surpasses $13 billion believes that Bitcoin offers unmatched characteristics that guarantee its success as a store of value in the future.
In an interview, Piliego explained that Bitcoin’s finite supply of 21 million was key. This means no more will be produced guaranteeing it does not depreciate. The billionaire further noted that this is something he could not get from other coins like Ethereum.
Beyond having a finite supply, he praised Bitcoin because it had international value and is traded with enormous liquidity at a global level. This is enough reason to have it on every i
