Featured Image: Shutterstock/zhu difeng 07.17.21
Miami Mayor Francis Suarez says he’s receiving positive feedback on his proposal to expand Bitcoin’s use-cases for residents and employees within his city.
In a new interview on Fox Business, Suarez says the response to his proposal which would allow residents to pay taxes with BTC and for employees to receive their salary in BTC, is overwhelmingly positive.
The Mayor reveals that other municipal leaders have gone so far said they are interested in following Miami’s lead.
“I can tell you the reaction has been overwhelmingly positive. I think the tweet that I put out with that resolution I think got 2 million views, 6.5 million impressions. And I’ve gotten calls from Mayors and former governors across the country that are looking at doing something similar.”
Suarez says the move towards further crypto adoption in his own city is driven by demand amid the rising popularity of crypto. The Mayor also admits that pushing Bitcoin into the mainstream is a branding strategy for Miami as he anticipates Florida will become one of the most crypto-friendly states in the US.
“We want to be known as the most technologically-forward city in America. We realize that technology is the future of our economy, not only for my generation, but for our children’s generation. We want to make sure that we’re creating the kind of economy that our children can be successful in and can produce high-paying jobs…
You can take very meaningful small steps to helping Bitcoin and cryptocurrency become mainstream and it’s something that can create a tremendous amount of attention for your city…Hopefully Miami will be the most crypto-friendly city in the country and I think that is going to be part of our brand – to be forward-thinking and pushing forward on new technologies.
There’s tens of millions of people that are actually holding crypto, according to some of the people that I’ve talked to and some of the biggest exchanges. I thought that it was a sort of a low-lying fruit for the city of Miami to be innovative, to be forward-thinking, and to be the first city to be able to offer these things to its employees, to its residents, and even to think about it as an asset to invest in.”
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