Mexican billionaire Ricardo Salinas Pliego says Bitcoin is his best investment


“What’s happening in Venezuela, in Argentina where fiat money is collapsing has become a scandal (…) It really opens your eyes to the problem of fiat cash,” he said.

The Mexican billionaire perceives Bitcoin as a result of the evolution of money. He believes that the process of transformation from physical to digital currency is natural.  “Bitcoin is bits and bytes in the ether, but the good thing is that it cannot be debased and it cannot be confiscated that easily,” he said.

Bitcoin prices have been climbing over the past weeks. It broke four records consecutively- first hitting the $20,000 mark, then $23,000, $24,000, and finally $24,600 on Christmas day.

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