Mexican billionaire Ricardo Salinas Pliego publicly endorses Bitcoin (BTC) and privacy tokens; He criticized Ethereum (ETH) and Dogecoin (DOGE). Salinas, who has been very influential with his series of activities in the country, announced that his bank Banco Azteca will be the first bank in the country to accept BTC if he so wishes. He also stated that they are “very important” for several altcoins.
Bitcoin comments from Salinas
Salinas was on the agenda last year when he announced his personal Bitcoin investment and then advised his followers on Twitter to invest in BTC. He has since become one of the country’s foremost Bitcoin bulls and has been on Twitter with his support for BTC. It is even thought to have sparked a new trend among tech-loving youth in the Latin American region.
Salinas is known for being close to the Mexican government. Last year, he was one of a small group of Mexican business people invited to an official visit by Former US President Donald Trump. Banco Azteca’s remarks about accepting BTC came while he was praising BTC and belittling a bunch of altcoins. Part of a video interview Salinas gave earlier this month was shared by Bitcoin bulls such as MicroStrategy’s CEO Michael Saylor and prominent BTC investor Anthony Pompliano.
“We are working to bring crypto assets to our customers at Banco Azteca and continue to promote freedom,” Salinas tweeted. He also said, “Me and my bank are working to be the first bank in Mexico to accept BTC.”
“These altcoin projects have distinct advantages”
Despite his nice comments on BTC, Salinas said that Ethereum does not have a limited supply. Meanwhile, the billionaireCryptocoin. com, while criticizing Dogecoin as “shitcoin”; He said that privacy-focused altcoins Monero (XMR) and Zcash (ZEC) have a distinct advantage over BTC.
“One of the risks of Bitcoin is that governments do not like the cool asset as it allows users to avoid fiat fraud,” said Salinas, adding that the additional measure provided by privacy-focused tokens “has become very important.” Besides that, he continued to disdain DOGE. To a Dogecoin-savvy follower, “You will be poor. Good luck,” he replied.
Disclaimer: Cryptocoin. The articles and articles on com do not constitute investment advice. Cryptocoin. com does not recommend buying or selling any cryptocurrencies or digital assets or Cryptocoins. com is not an investment advisor. Hence Cryptocoin. com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Cryptocoin. Citing the news content of com and quoting by giving a link Cryptokoin. com’s permission. No content on the site can be copied, reproduced or published on any platform without permission. Cryptocoin. Legal action will be taken against those who use code, design, text, graphics and all other content of com in violation of intellectual property law and relevant legislation. .