Bitcoin News and Finance
Pro-Bitcoin Miami Mayor Says He Will Take Next Paycheck 100% in BTC Skip to main content

Pro-Bitcoin Miami Mayor Says He Will Take Next Paycheck 100% in BTC

Miami Mayor Says He Will Take Next Paycheck 100% in Bitcoin

The mayor of the U.S. city of Miami says that he is going to take 100% of his next paycheck in bitcoin and become the first American politician to accept a salary in cryptocurrency. The mayor is currently trying to build his city into a bitcoin capital of the world.

US Politician Wants to Be Paid in Bitcoin

The pro-bitcoin mayor of the U.S. city of Miami, Francis Suarez, tweeted Tuesday that he is going to take 100% of his next paycheck in bitcoin.

His statement was in response to a challenge by Morgan Creek Digital partner Anthony Pompliano asking on Twitter: “Who is going to be the first American politician to accept their salary in bitcoin?”

Miami Mayor Says He Will Take Next Paycheck 100% in Bitcoin

In his tweet, Mayor Suarez asked Mike Sarasti, CIO and director of Innovation & Tech of the city of Miami, to help make it happen. Sarasti indicated that he will help by tweeting “Mayor. Amazing” in reply, along with two “100” symbols and a bitcoin symbol.

The Miami mayor’s statement came as a growing number of professional athletes and sports teams are asking to be paid in bitcoin, including Russell Okung, Tom Brady, Aaron Rodgers, Saquon Barkley, and Sean Culkin.

Among U.S. politicians, the Miami mayor has been one of the most vocal proponents of bitcoin. He has been lobbying lawmakers in his city to allow government employees to be paid in BTC in addition to allowing taxes to be paid in the cryptocurrency and for the city to invest a portion of funds in bitcoin. He said in October that cryptocurrency is a “major priority” for him as he attempts to build his city into the crypto capital of the world. When China cracked down on cryptocurrency and bitcoin mining, he also tried to attract bitcoin miners to his city.

A few other mayors have also been vocal in supporting bitcoin, including the mayor of Jackson, TN, and the mayor of Cool Valley, Missouri.

Another pro-bitcoin politician, U.S. Senator Cynthia Lummis, who has repeatedly said that bitcoin is a great store of value, tweeted in response to Suarez’s statement:

Bested by the gentleman from Miami. Well done, sir.

Do you think politicians should be paid in bitcoin? Let us know in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r
Post a Comment
Read more
Blogarama - Blog Directory