Miami mayor becomes first US politician to request Bitcoin salary from DailyCoin


Miami mayor becomes first U.S. politician to ask for Bitcoin salary

Miami Mayor Frances Suarez told his more than 118,000 Twitter (NYSE 🙂 followers on Tuesday that he wanted to be paid in bitcoin in the future. While several US politicians have accepted cryptocurrencies for campaign contributions, Suarez appears to be the first elected to publicly declare his intention to receive his salary in bitcoin. His statement was in response to a question posted to the social media site by crypto influencer, YouTuber and author Anthony Pompliano.

Mayor Suarez tagged Miami’s chief innovation and technology officer in the tweet, Mike Sarasti, to help make this announcement a reality. The mayor was re-elected on Tuesday, so it’s unclear whether the announcement was a publicity stunt to educate voters or another gesture of public support for cryptocurrencies.

During his tenure, Suarez has been one of the most vocal proponents of cryptocurrencies, and bitcoin in particular, in the country. This year alone, he put forward the idea of ​​issuing a cryptocurrency “MiamiCoin” on the CityCoin platform, which could one day be used to fund municipal construction projects instead of bonds as well as fundraising. taxes. The “Magic City” also hosted the 2021 bitcoin conference this summer, with the support of its highest elected official. Last month, Suarez announced plans to submit a proposal to the City of Miami Commission to allow city workers to be paid in bitcoin.

Suarez has also stated on several occasions that he wants to make Miami the “crypto capital of the United States or of the world.” This will likely continue to be his mantra, as the 44-year-old has won an overwhelming re-election bid against five other candidates in that race.

Suarez was first elected to this post in 2017, when he received over 80% of the vote. He was the 43rd mayor of that city, but he is the first Miami-born individual to win the post. He is a lawyer and a registered Republican, even though the post of mayor is non-partisan.

On the reverse

  • It’s good to see a politician put his money where his mouth is.

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Why should you care?

Paying a salary to a politician would be another step towards the widespread adoption of crypto.


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