Francis Suarez at Bitcoin Miami 2021 Conference (Bitcoin Magazine)

Miami Mayor asks to get his salary paid in Bitcoin

By Ceekz | Crypto Essential News | 3 Nov 2021


Yes, you read that right. Francis Suarez, the Mayor of Miami one of the largest, more populous and also forward thinking cities in the US announced live on Twitter that he will be accepting his next salary paid in full in Bitcoin.

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His reaction came after Anthony Pompliano, or Pomp as many people know him, took to Twitter to ask who will be the first US politician to get paid in Bitcoin. If you do not know who Pomp is yet, he is one of the most vocal advocates of Bitcoin and a podcaster.

After doing that, Mayor Suarez tagged in his post Mike Sarasti who is the Director of Technology and Innovation for the City of Miami asking him to help to make it happen.

Some things worth mentioning about Miami is that it has as its goal to become a haven for Bitcoin and Crypto. Last February, the Florida city touted the idea of allowing municipality employees and residents to get paid part of their salary in Bitcoin and this October it looks like they started to take action on that proposal.

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Furthermore, the Bitcoin 2021 Conference was held in Miami during June where Suarez was one of the keynote speakers.

This is a first for a major US Politician to play openly with the idea of getting paid in Crypto, but it is not the first time for a person of celebrity status to make the news on such topic. American Football Quarterback Aaron Rodgers and the legendary Tom Brady have made headlines lately after announcing they will get paid in Bitcoin. Likewise a number of Actors, musicians artists, and other celebrities have jumped on the Bitcoin, and in some cases the NFT train but that is not enough!

Large scale adoption will take place only when everyday people, who live paycheck to paycheck are allowed the option to get their salaries paid in Bitcoin or other crypto. This is when we can talk about a significant paradigm shift that will benefit the people at large and not just a selected few.

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Ceekz
Ceekz

Crypto enthusiast. Following tech news, blockchain projects, wider adoption.


Crypto Essential News
Crypto Essential News

This blog deals with essential and important cryptocurrency news and trends.

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