Previously, Francis Suarez said that he dreams of turning Miami into the center of the cryptocurrency industry. The politician even began to receive his salary in bitcoins.
Suarez is a fan not only of bitcoin, but of blockchain in general. The mayor even launched the city’s MiamiCoin cryptocurrency, but it was not very successful and quickly collapsed by 95% of its maximum values. However, Francis Suarez continues to believe in the future of blockchain and cryptocurrencies.
“People ask me all the time about bitcoin, but the fact that BTC lost half of its capitalization does not change my feelings and opinion about the fundamental technology,” says the mayor of Miami.
In addition to Suarez, former President Donald Trump (Donald Drump) and Florida Gov. Ron DeSantis have already announced their desire to run.
Earlier it was reported that investments in cryptocurrency companies were significantly reduced in Miami. For the first quarter of 2023, the investment rate collapsed immediately by 92%, while investment in startups from Silicon Valley decreased by 53%.
Source: Bits
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