{"id":42121,"date":"2021-05-08T16:50:34","date_gmt":"2021-05-08T13:50:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=42121"},"modified":"2025-08-30T21:47:58","modified_gmt":"2025-08-30T18:47:58","slug":"miami-mayor-says-he-bought-bitcoin-and-ethereum-in-march","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/miami-mayor-says-he-bought-bitcoin-and-ethereum-in-march\/","title":{"rendered":"Miami mayor says he bought Bitcoin and Ethereum in March"},"content":{"rendered":"

Miami mayor Francis Suarez said at the virtual Ethereal summit that in early March he bought Bitcoin and Ethereum. He made the decision after the U.S. Senate approved the $1.9 trillion plan to rescue the economy<\/a>.<\/p>\n

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\\nhttps:\/\/youtu.be\/y__YwqrJuYE\\n<\/div>\n<\/figure>\n

In Suarez’s view, people will not want to hold value in U.S. dollars, so cryptocurrencies will continue to rise.<\/p>\n

He added that Bitcoin has reached a level of adoption too high to be banned by regulators.<\/p>\n

In late 2020, Suarez said he was ‘open to studying’ the investment of 1% of the city’s budget reserves<\/a> in digital gold.<\/p>\n

In February 2021, the official spoke about the possibility of paying salaries to civil servants<\/a> in Bitcoin. Miami authorities voted to study options for integrating the first cryptocurrency into municipal infrastructure.<\/p>\n

Earlier in March, Suarez spoke of a desire to create a Bitcoin mining center in the city<\/a>. According to him, 90% of miners mine digital gold using ‘dirty energy’ outside the United States.<\/p>\n

In May, the luxury boutique condo Arte Surfside opened the sale of apartments<\/a> in Miami for Bitcoin and Ethereum.<\/p>\n

Follow ForkLog’s Bitcoin news on our Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"

Miami mayor Francis Suarez said at the virtual Ethereal summit that in early March he bought Bitcoin and Ethereum after the U.S. Senate approved the $1.9 trillion plan to rescue the economy.<\/p>\n","protected":false},"author":1,"featured_media":42122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,46,26],"class_list":["post-42121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-ethereum","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=42121"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42121\/revisions"}],"predecessor-version":[{"id":42123,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42121\/revisions\/42123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/42122"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=42121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=42121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=42121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}