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Mexico’s third richest person with a net worth of up to $15.6 billion, Ricardo Salinas Pliego, founder of Grupo Salinas, is unimpressed when it comes to Dogecoin and fiat, and even underestimates these assets. But Ricardo Salinas Pliego is an ardent Bitcoin supporter.

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Source: Ricardo Salinas Pliego/Twitter

Mexico’s third richest man despises Dogecoin (DOGE): You will be poor!

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In a recent tweet, Ricardo Salinas Pliego quoted an angry Dogecoin holder as “you will be poor,” a popular slogan used by Bitcoiners to mock altcoins and non-cryptocurrencies. In a recent interview, Ricardo Salinas Pliego described fiat money as a scam. He revealed that 10% of his huge net worth in 2020 is in cryptocurrencies.

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Ricardo Salinas Pliego believes that the largest cryptocurrency should have a place in every investor’s portfolio. Bitcoin is definitely the new gold for Ricardo Salinas Pliego… This is the story of 2020, in a recent statement Ricardo Salinas Pliego confirmed his claims that he is proposing Bitcoin as an investment instead of fiat currencies or gold. Ricardo Salinas Pliego said:

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That’s totally true, Bitcoin is the new gold, but much more portable, Bitcoin is much easier to carry in your pocket than your gold bars… And I know I will be attacked by gold lovers.

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Ricardo Salinas Pliego: Bitcoin is better than gold! But I don’t believe in ETH and altcoins

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Ricardo Salinas Pliego said that when it comes to protecting wealth, Bitcoin easily beats the US dollar. The billionaire believes that Bitcoin is better than gold because of its portability and limited supply. Speaking of Ethereum, Ricardo Salinas Pliego claimed that he cannot trust cryptocurrencies without limited supply:

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Limited supply of Bitcoin, 21 million, that’s the key to everything. That’s what I said about Ethereum. Unless they have a limited supply, I don’t believe them at all. As far as I know they are releasing more and your asset is depreciating.

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Ricardo Salinas Pliego’s bank will accept Bitcoin

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Moreover, the Mexican billionaire said that Banco Azteca, the bank he founded in October 2002, plans to accept Bitcoin. Mexico City-based Banco Azteca is a bank operating in Mexico, Panama, Guatemala, Honduras, Peru and El Salvador. Its parent company is Grupo Elektra, a subsidiary of Grupo Salinas. It is one of Mexico’s largest banks, with over 16 million savings accounts and over 18 million loan accounts.

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Ricardo Salinas Pliego plans to hold the leading cryptocurrency for over three decades. And finally, a short time ago, Ricardo Salinas Pliego tweeted again about Bitcoin. This time around, Ricardo Salinas Pliego said that Bitcoin is “a good way to diversify your investment portfolio” and believes that to fight it “any investor should start working on cryptocurrencies and their future.”Cryptocoin. com, as we previously reported, for more BTC news“This Metric in Bitcoin is at Historic Lows! What Does It Mean?” You can review our article.

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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.

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