Mayor of Miami, Frances Suarez, introduced to his greater than 118,000 followers on Twitter Tuesday that he needs to be paid in bitcoin going ahead. Whereas a number of U.S. politicians have accepted cryptocurrencies for marketing campaign contributions, Suarez appears to be the primary elected official to publicly state his intentions to obtain his wage in bitcoin. His declaration was in response to a query posted on the social media web site by crypto influencer, YouTuber, and writer Anthony Pompliano.
Mayor Suarez tagged Miami’s director of innovation and expertise within the tweet, Mike Sarasti, to assist make good on this announcement. The mayor confronted reelection on Tuesday, so it’s unclear if this announcement was a publicity stunt to boost voter consciousness or one other gesture of public assist for cryptocurrencies.
Throughout his tenure, Suarez has been one of the vital vocal proponents of cryptocurrencies, and bitcoin particularly, within the nation. This 12 months alone, he superior the thought of issuing a “MiamiCoin” cryptocurrency on the CityCoin platform, which may at some point be used to fund municipal constructing initiatives as an alternative of bonds in addition to tax assortment. The “Magic Metropolis” additionally hosted the bitcoin 2021 convention this summer time, with assist from its high elected official. Final month, Suarez introduced plans to submit a proposal to the Miami Metropolis Fee to permit municipal staff to be paid in bitcoin.
Suarez has additionally repeatedly said that he needs to make Miami the “crypto capital of america or of the world.” That’s prone to proceed to be his mantra, because the 44-year outdated gained in a landslide reelection bid towards 5 different candidates on this race.
Suarez was first elected to the place again in 2017, when he acquired greater than 80 p.c of the vote. He has served because the forty third mayor for that metropolis, however he’s its first Miami-born particular person to win that workplace. He’s a lawyer and a registered Republican, despite the fact that the mayoral place is non-partisan.
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Wage cost to a politician can be one other step ahead to widespread crypto adoption.
