The mayor of Miami, Francis Suárez, announced on his social networks that he will receive 100% of his salary in Bitcoin (BTC). In this way, he will become the first politician in the world to do so.
BTC continues to gain popularity among athletes, politicians, actors, investors, and all kinds of people as the value of fiat currencies falls and the weight of cryptocurrencies grows in the financial system. For that reason, many people, companies and even governments are analyzing the possibility of paying salaries in digital assets.
This morning, popular crypto analyst and commentator Anthony Pompliano opened the debate about it on his Twitter account. “The moment has come. ¿Who will be the first American politician to accept their wages in bitcoin?” asked “Pomp”. In a few minutes, he was pleasantly surprised.
“I’m taking my next 100% bitcoin paycheck . Problem solved!” Suárez commented, citing Pompliano’s tweet. The impact was instantaneous, and the process to carry out the conversion has already begun.
Suarez called on the City of Miami’s Director of Innovation and Technology, Mike Sarasti, to help him through the process. Pomp summoned the CEO of Jack Mallers to also collaborate on the initiative, and within minutes the mayor’s request was fulfilled.
“I already sent Strike the link to sign up. My experience receiving a portion of my salary last week was perfect. And the mayor is already scaling my ‘pilot’ to 100% allocation,” Sarasti commented.
In this way, Suárez will personally materialize the interest he has had in BTC for months. The official has laid out plans to pay municipal salaries in BTC, as well as for people to be able to pay their fines and bills with cryptocurrencies. In addition, one of its great projects is to turn Miami into the crypto capital of the world, with sustainable mining developments, among other things.