Francis Suarez, who has been mayor of Miami since 2017, has said he will receive his next paycheck in Bitcoin.
0.13 BTC per month
In a Twitter post said Suarez that he aspired to be the first U.S. state or federal-level legislator to have a portion of his salary in Bitcoin would get paid. from public registers it turns out that the salary of the mayor of Miami was $97,000 a year between 2016 and 2017. This means that he would receive a monthly salary of about $8,000. This is converted 0.13 BTC at the current price of $63,404. Suarez said he would rather use an app like Bitwage or Strike rather than have the local government go to the trouble of converting his fiat salary into crypto.
I’m going to take my next paycheck 100% in bitcoin…problem solved! @Sarasti can you help? https://t.co/v4YdPZ0tYc
— Mayor Francis Suarez (@FrancisSuarez) Nov 2, 2021
The statement came on the morning of Election Day. The post of mayor of Miami will also be put to a vote. Suarez is the leader among six unbiased candidates so far.
More US Cities Start Bitcoin Projects
Mayor Suarez, who previously stated that he owns both BTC and ETH, wants to make Miami a crypto hub with the “most progressive crypto laws” in the United States.
In addition to Suarez, more and more mayors in other US cities are also pushing for crypto adoption. In August, Mayor Jayson Stewart of Cool Valley, Missouri, proposed giving away more than $1 million in BTC to the city’s roughly 1,500 residents. Eric Adams, who will become the mayor of New York City, has also said that he plans to make the city “the center of Bitcoins”. Adams is also on the ballot on Nov. 2.