“Bitcoin is better than fiat money,” says Mexican billionaire

Ricardo Salinas, Mexico's third richest person, has long been a Bitcoin advocate. Now the Mexican has commented on Bitcoin again.

Bitcoin is a better option than fiat money, Salinas told Bitcoin Magazine in an interview .

“The gold standard has always been vulnerable to government interference and manipulation… it is not in government interests to make it easy for people to use Bitcoin,” Salinas continued.

However, the Mexican warned that Bitcoin is not a vehicle for quick profits. Rather, Bitcoin is a long-term investment.

Ricardo Salina 's net worth is estimated at $13.1 billion by Forbes .

He is the founder and chairman of Grupo Salinas , active in the telecommunications, financial services, media and retail sectors.

The retailer Grupo Elektra , a subsidiary of the Salinas empire, announced in September 2021 that it would accept Bitcoin as a payment method in the future.

With his positive attitude towards Bitcoin, the Mexican joins a number of other billionaires such as Jack Dorsey, Elon Musk and Michael Saylor.

Salinas has been enthusiastic about Bitcoin several times in the past .

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