Bitcoin News
By Sakamoto Nashi
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Suarez’s Bold Bitcoin Salary Experiment. Back in late 2021, Suarez made headlines when he became one of the first major U.S.
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Bitcoin Salary Now Up 300%, Says Suarez. During his recent Fox Business interview, Suarez was asked if the recent Bitcoin price dip below…
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Miami’s Crypto Vision and Suarez’s Legacy. Under Suarez’s leadership, Miami became one of the earliest U.S.
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Regulatory Challenges and Market Volatility. When Suarez first decided to take his salary in Bitcoin, the U.S.
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Beyond Bitcoin: Suarez’s Focus on AI and DeFi. Interestingly, Suarez noted that he’s no longer focused solely on Bitcoin’s daily price movements.
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Looking Ahead. As Bitcoin continues to evolve as both a digital asset and a financial movement, Francis Suarez…
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Miami Mayor Francis Suarez, one of the most prominent crypto-friendly politicians in the United States, says his decision to take his salary in Bitcoin has paid off handsomely.
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Back in late 2021, Suarez made headlines when he became one of the first major U.S. politicians to receive his salary in Bitcoin (BTC).
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At the time, Suarez described the decision as a way to show his personal belief in the future of decentralized finance and to strengthen Miami’s position as a global crypto hub.
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“I’m going to take my next paycheck 100% in Bitcoin… problem solved!” Suarez famously declared in November 2021.
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“No, because I got paid at $30,000, so it’s up 300%,” Suarez said. “It was actually up to 400% when it was around $120,000, so I’m not concerned about everyday market swings from…
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While there appears to be a timeline inconsistency — since Bitcoin traded around $64,000 in November 2021, when Suarez first made the announcement — the mayor’s broader point…
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“I’m more concerned with the macro impact of having a store of value that people have faith in, that has a money creation system known through the code,” he added.
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Under Suarez’s leadership, Miami became one of the earliest U.S. cities to openly embrace cryptocurrency and blockchain innovation.
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Suarez also played a key role in launching MiamiCoin (MIA) — a city-branded token built on the Stacks blockchain that aimed to generate revenue for local initiatives.
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