The Bitcoin President? Miami Mayor Commits To Crypto Salary If Elected
Francis Suarez, the current mayor of Miami and GOP presidential candidate, has caught the attention of many by saying he welcomes the idea of taking his presidential salary in Bitcoin. This bold decision highlights his strong support for cryptocurrencies. In a recent podcast interview with The Block, Suarez revealed that he was already receiving a […]
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Miami Mayor Francis Suarez also receives a part of his salary in Bitcoin with the help of a third-party payment processor Strike. The long-standing mayor of Miami Francis Suarez has now announced plans to take a part of his 401(k) payout in Bitcoin (BTC) just a month after he started receiving salary in BTC. Soon after becoming the first United States lawmaker to accept a part of his salary in Bitcoin, Suarez wants to dedicate a part of his retirement savings to Bitcoin based on “a personal choice,” he said in an interview with Real Vision:“I just think it is a good asset to be invested....
"I look forward to the friendly competition in making our respective cities a crypto capital," said recently re-elected Miami Mayor Francis Suarez. Newly-elected New York City Mayor Eric Adams has reiterated his pledge to make the city a crypto hub by accepting his first three paychecks entirely in Bitcoin (BTC).In a Thursday response on Twitter to Francis Suarez — re-elected for another term as of Tuesday — Adams said he would be matching the Miami mayor’s pledge to accept his next paycheck in Bitcoin in addition to the following two payments. Assuming Adams accepts a base salary of....
Miami Mayor Francis Suarez is a big supporter of Bitcoin, recently telling FOX Business that he would be taking his salary in BTC. He’s also making it more attractive for citizens of Miami to get involved in the cryptocurrency by promising to be “the first city in America” to give a BTC yield paid out […]
The mayor said he would prefer to use an app like Bitwage or Strike rather than having the local government convert his fiat paycheck into crypto. Francis Suarez, who has served as the mayor of Miami since 2017, has said he’s going to take his next paycheck in Bitcoin.In a Tuesday Twitter post, Suarez said he aimed to be the first United States lawmaker at the state or federal level to accept part of his salary in Bitcoin (BTC). Public records show the Miami mayor’s salary was $97,000 annually between 2016 and 2017, meaning he would receive a monthly paycheck of more than $8,000 or 0.13....
The mayor of the U.S. city of Miami says that he is going to take 100% of his next paycheck in bitcoin and become the first American politician to accept a salary in cryptocurrency. The mayor is currently trying to build his city into a bitcoin capital of the world. US Politician Wants to Be Paid in Bitcoin The pro-bitcoin mayor of the U.S. city of Miami, Francis Suarez, tweeted Tuesday that he is going to take 100% of his next paycheck in bitcoin. His statement was in response to a challenge by Morgan Creek Digital partner Anthony Pompliano asking on Twitter: “Who is going to be....