Miami mayor says city employees should be able to take their salaries in Bitcoin
Miami wants to overtake Silicon Valley as the most Bitcoin-friendly place in the U.S. Miami city employees could soon choose to get their salaries paid in Bitcoin rather than USD. In an interview with Forbes, Mayor Francis Suarez said tangible paths to expand Bitcoin's adoption throughout the city included enabling city employee salaries to be paid in BTC.Major figures in the cryptocurrency world have responded positively to the idea, with Twitter and Square CEO Jack Dorsey calling it “smart” on Twitter.Smart https://t.co/wxsQkbfPef— jack (@jack) February 2, 2021 Germini co-founder....
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The City Commission of Miami is now looking into the feasibility of allowing Miami residents to pay taxes and receive salaries in Bitcoin. Miami Mayor Francis Suarez has proposed an official resolution that would see Bitcoin (BTC) become an acceptable payment instrument in various parts of the city's administration.Announcing the news on Twitter, the Mayor said that the city commission has supported the resolution, and is now taking next steps:“I wanna thank the city of Miami commissioners for supporting my resolution, which directs a city manager after analysis to procure a vendor to be....
The U.S. city of Miami is going full bitcoin. The city commissioners have voted to support the mayor’s resolution to allow payments in bitcoin for salaries, taxes, and fees. The city also supports efforts to make bitcoin an acceptable currency for potentially investing in the state treasury. Miami Gets Deep Into Bitcoin Miami City’s commissioners voted Thursday night to support Mayor Francis Suarez’s resolution that would make Miami a highly bitcoin-forward city. In a video thanking the commissioners for their support, the pro-bitcoin mayor explained that the resolution....
Miami Mayor Francis Suarez is exploring putting a percentage of his city’s treasury reserves in bitcoin. Miami is currently working on accepting the cryptocurrency as a means of payment for city services and taxes. The mayor believes that “Bitcoin has been a stable investment during an incredibly unstable year.” Miami Could Invest Some of City’s Treasury Reserves in Bitcoin Francis Suarez, the mayor of the U.S. city of Miami, Florida, has been discussing with the crypto community about putting a small percentage of the city’s treasury reserves in bitcoin. The....
Miami will issue a request for proposal this month to help create the BTC payment mechanism.
The city will seek a vendor to help City Hall pay all or part of its employees' salaries in bitcoin. Residents would also have the option of using cryptocurrency to pay for city services.