Crypto Events
By Dan Saada
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The Bitcoin Conference in Miami is leading thousands of Crypto Elite and other investors who have descended in Miami for the largest crypto gathering ever.
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Speaking to the CNBC, when asked about Miami having all the Bitcoin Elite or the Crypto Elite all in your city, you have almost tried to re-brand the city around crypto and on…
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Mayor Francis Suarez: First of all the energy is off the charts. As you said, it is the largest Bitcoin Conference ever.
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It has already changed the way our city works. We had FTX, which is the large crypto exchange out of Hong Kong buy the naming rights, to formerly what was the American…
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We want to be a city that focuses on the next series of technological advancement artificial intelligence of course crypto biotech so that is how we are positioning ourselves and…
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When Asked: You talked about the city itself taking Bitcoin and putting on the balance sheet and paying people in Bitcoin and paying people in crypto.
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Mayor Francis Suarez: Yes we are. We are authoring. The first thing we are looking at is to make sure that we surmount the legal hurdles.
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We also needed the county to get on board, there was a County Commissioner who also passed a corollary resolution of the county to allow tax payments to be paid in crypto.
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We have to go to an RFP or basically a solicitation for a third party that can manage it. So we are continuing to go along in the process holding it on the balance sheet is a lot…
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We are not allowed to hold something that is not fiat at this particular moment. So, that will require a state law change and of course the volatility of it is something…
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