Miami Mayor has full confidence in the future of cryptocurrencies

Mayor Francis Suárez wants to attract every businessman from the financial world of cryptocurrencies and other “techies” to settle in the city of Miami

Photo: Photo by Joe Raedle / / Getty Images

Miami Mayor Francis Suárez has no problem speaking frequently about trust that has in virtual money and tells what led him to make the decision to invest in cryptocurrencies because he is thinking invest part of the city’s treasure in bitcoin.

For Suárez, the moment of approval of the stimulus plan of 1.9 billion dollars, by the Senate, led him to make the decision to buy bitcoins. The fact that the government invested that money made him think that “needed to have something, and definitely this -the bitcoin- it’s going to go up. ”

Suárez emphasizes that his idea is to attract entrepreneurs from the financial world of cryptocurrencies to the city of Miami and try to set projects.

In fact, in June the largest conference on cryptocurrencies in the world, will be held in the city of Miami. It will be held at MANA Wynwood.

For the mayor of Miami, cryptocurrencies are the future of the financial world. And he emphasizes that if Miami wants to be a technological city, it must take advantage of the momentum that virtual money has at the moment, take the opportunity and differentiate itself from the competition.

Since At the beginning of this year there have been several so-called “techies” or technology companies that are setting up in Miami, and Mayor Suárez’s idea is to continue attracting “techies” from Silicon Valley.

This all started in December, when Delian Asparouhov, director of the venture capital firm Founders Fund, tweeted “What if we move Silicon Valley to Miami?” and it was precisely the mayor himself who responded “How I can help?”. Immediately that tweet went viral and made the local authority in Miami more popular, even the founder of Twitter, Jack Dorsey, began to follow it.

Also, last February the mayor of Miami proposed to city officials to collect their salaries and bonuses in bitcoins . The mayor’s office is also working to allow city dwellers to pay taxes and other mayoral fees in bitcoins.

Exploring:

• State legislative priority

• Paying employees in Bitcoin

• Investing City treasury in Bitcoin

We got it done ✅ pic.twitter.com/88 laGvVbEG

– Mayor Francis Suarez (@FrancisSuarez) February 13, 2021

In this sense, the commissioner Daniella Higgins announced that currently a team of specialists evaluate the use of cryptocurrencies in Miami-Dade County in Florida , with the idea of ​​creating opportunities and innovation for the residents of this town.

They are 12 finance experts, organized by Higgins, which analyze the way in which the county can adopt the use of virtual money for the payment of taxes, fees and other services: “With a cryptocurrency task force, we can explore options and opportunities in this county” assures the commissioner .

In the same way, the mayor of Miami has also spoken with one of the co-founders of Facebook about the installation in Miami of a headquarters of the firm of Gemini cryptocurrencies.

The truth is that there are many investors who are moving to the city of Miami and Mayor Suárez wants to take advantage of this The wave of popularity to promote investment projects that positively impact the city of Florida.

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