Mexican Billionaire Says Bitcoin Is A Better Option Than Fiat Money

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Bitcoin is a better option than fiat money, said Mexico’s third richest man, Ricardo Salinas, in an interview. Bitcoin, Salinas said, is unseizable and can be transferred instantly worldwide, contrary to fiat and the gold standard.

“The gold standard has always been subject to governmental intervention,” Salinas said. “And fiat allows you to finance endlessly.”

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