Mayor Of Miami Will Start Giving Free Bitcoin To Residents

Francis Suarez – Mayor of Miami, Florida – recently said that he is preparing a Bitcoin airdrop for residents of the city. This comes on the heels of a budding rivalry between him and NYC mayor Eric Adams to create the most Bitcoin-friendly jurisdiction. Free Bitcoin in Miami Mayor Suarez revealed his plans in an interview with CoinDesk earlier today. They began discussing the city’s new cryptocurrency, MiamiCoin, which has earned the city over $21 million since launching in August.…

Mayor of Miami Says He’ll Take His Next Paycheck in Bitcoin

While Jerome Powell may claim that Bitcoin has effectively failed as a currency, other government officials beg to differ. The Mayor of Miami – Francis Suarez – recently suggested that he receive his next personal paycheck in Bitcoin. This is yet another of the mayor’s public displays of affection for cryptocurrencies, as he continues supporting their adoption. Suarez Requests Payment in Bitcoin Suarez showed enthusiasm for the idea over Twitter earlier today, in response to  Anthony Pompliano. The Best Business…

Miami Mayor Wants to Pay Employees in Bitcoin

In a recent interview with Bloomberg, Miami mayor, Francis Suarez, admitted that he wants to pay government employees in Bitcoin. However, regarding the use of cryptocurrencies, he said: “We have to differentiate ourselves as a crypto capital of the United States or of the world.” Earlier this year, Miami introduced a proposal to allow the city’s authorities to invest in Bitcoin. However, the proposal has been stalling since February because Florida doesn't allow investments in volatile assets. Next, Suarez added:…

Bitcoin (BTC) Worth More Than JPMorgan Chase and Bank of America

Bitcoin (BTC) rapid rise in 2021 has been remarkable, with the leading coin hitting a new all-time high on Friday. According to the latest stats, Bitcoin is worth more than the two largest banks in America combined.  Bitcoin Market Cap Nears $900 billion. Bitcoin’s price has rebounded in the past few days after initially trading around the $42k mark on Monday. Buoyed by the news of institutional purchases of BTC, the price pumped to $48,000 on Thursday. A quiet push…

Miami Becomes First Bitcoin Municipal In The US

While large institutions are adding Bitcoin to their company’s balance sheet, cities are not left out. In a tweet, the Mayor of Miami, F Suarez, expressed appreciation to the Miami authorities for supporting his resolution to add Bitcoin to the city’s balance sheet. Bitcoin For Salaries and Taxes He said, “I wanna thank the city of Miami commissioners for supporting my resolution which directs the city manager after analysis to procure a vendor to be able to offer our employees…

Tesla’s $1.5B BTC Buy Reignites Miami’s Plan to Invest in Bitcoin

Tesla’s groundbreaking $1.5 billion investment in Bitcoin has reignited Miami Mayor Francis Suarez’s plans to add the world’s largest cryptocurrency to the city’s balance sheet. Suarez tweeted yesterday that the plan of delving into the asset class will be deliberated at the city’s commission meeting scheduled for Thursday.  “@elonmusk’s announcement was beneficial...now all we need is for @amazon to adopt and then,” Suarez added.  The mayor made this known in response to a tweet made by famous Bitcoin proponent Anthony…

Jacksonville Considering Bitcoin Payments for Taxes and Local Fees

Jacksonville, the largest city in Florida, is reportedly considering letting citizens pay local fees and taxes in Bitcoin. This could open opportunities for bitcoin adoption in the city and follows similar developments in Miami.  Bitcoin Adoption on The Rise in Florida This development in Jacksonville was revealed today by crypto Twitter influencer DocumentingBTC. He also alluded that the city was also considering allowing its employees to get their salaries paid in Bitcoin.  The state of Florida has witnessed a massive…

“Miami believes In Bitcoin,” Says Mayor Suarez After Hosting The Bitcoin WP

The city of Miami is one of the very few cities in the world that are actively exploring ways to utilize Bitcoin. The city's Mayor, Francis Suarez, has shown immense interest in the cryptocurrency and believes in its potential. Miami Uploads Bitcoin White Paper On Wednesday, Miami uploaded a copy of the Bitcoin Whitepaper to its municipal website, a move that is currently becoming popular among several bitcoin-friendly companies and governments worldwide. The city's official blog post reads, "The City…