Fiat Is Scam & Bitcoin is option : Ricardo Salinas Pliego

Ricardo Salinas Pliego says fiat is a pure scam. It is about us whether we can understand or not it all depends upon us. And bitcoin is solution of all these problems.

Mexico’s most powerful man, Ricardo Salinas Pliego, talked about the financial system and fiat system on a TV program. 

He explained how there is a big scam in the fiat system. 

First of all he compared the Dollar with Peso. In 1981 $1 was equal to 20 Peso.

And now in the present time $1 = 20,000 Peso. 

And then further he said, it’s a small record of Mexico. But if we see all other countries’ examples in fiat value then there is also value of fiat currency is down in the same proportion.

See yourself how the financial system and fiat currency are part of big scam/fraud.

Also for a line ” dollar is a joke” , he explained clearly the potential of how it maintained its value while supply is not limited.

“Fiat fraud is inherent to the fiat system and we can see it today in the USA. Monetary issuance went to the moon, you understand? The dollar as hard money is a joke.”

On the other hand bitcoin is fixed by 21 million and that is the key point he said.

And also he said that ” I investigated Bitcoin and I found that every investor should include bitcoin in his portfolio”.

Bitcoin is that asset which is not only limited but also it’s Monetary value at international level is the same. That means there is no scam & everything is transparent.

Further he talked about Ethereum. He said I don’t believe in other assets like bitcoin.

No matter whether Ethereum is popular or not in your opinion but one thing that we can see it’s supply. 

Supply is not fixed while value is increasing ( tried to compare with dollars).

Interviewer asked 

If today you could choose one asset, good or money to take into the future, what would you take? Gold, silver, Bolivars, Argentine Pesos, Mexican Pesos?”

Then Ricards said “, no no no no, I don’t want any type of paperwork system. I will choose Bitcoin. 

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