Miami’s pro-Bitcoin mayor says he’ll take his next paycheck entirely in BTC.
The mayor of Miami, Florida, has announced that he will accept 100 percent of his next paycheck in bitcoin, making him the first American politician to accept a salary in cryptocurrency. The mayor is currently working to make his city the world’s bitcoin financial centre.
Francis Suarez, the pro-bitcoin mayor of the U.S. city of Miami, tweeted on Tuesday that he will accept 100% of his next paycheck in bitcoin.
His statement was in response to Morgan Creek Digital partner Anthony Pompliano‘s Twitter challenge, “Who will be the first American politician to accept their salary in bitcoin?”
In his tweet, Mayor Suarez asked Mike Sarasti, the city of Miami‘s CIO and director of Innovation & Technology, to assist in making it happen. Sarasti responded with “Mayor. Amazing” and two “100” symbols, as well as a bitcoin symbol, indicating that he will assist.
The Miami mayor’s statement comes as an increasing number of professional athletes and sports teams, including Russell Okung, Tom Brady, Aaron Rodgers, Saquon Barkley, and Sean Culkin, ask to be paid in bitcoin.
The mayor of Miami has been one of the most outspoken supporters of bitcoin among US politicians. He has been lobbying his city’s lawmakers to allow government employees to be paid in bitcoin, as well as to allow taxes to be paid in bitcoin and for the city to invest a portion of its funds in bitcoin. In October, he stated that cryptocurrency is a “major priority” for him as he works to make his city the world’s crypto capital. He attempted to attract bitcoin miners to his city when China cracked down on cryptocurrency and bitcoin mining.
Other mayors who have spoken out in support of bitcoin include the mayors of Jackson, Tennessee, and Cool Valley, Missouri.
Another pro-bitcoin politician, U.S. Senator Cynthia Lummis, who has repeatedly stated that bitcoin is a great store of value, responded to Suarez’s statement with the following tweet:
Bested by the gentleman from Miami. Well done, sir.