Bitcoin

Miami Mayor says Bitcoin is a stable investment for a shaky year

Miami Mayor Francis Suarez is the youngest high profile person to promote Bitcoin (BTC). provide more evidence that adoption is growing.

In a tweet on Thursday Suarez I call made Bitcoin a “stable investment” in an “incredibly shaky year,” adding that he learns about the digital flagship through numbers like Tyler Winklevoss and Anthony Pompliano.

Winklevoss and Pompliano responded to Suárez’s tweet. Tyler said that he and his brother Cameron will bring a “signed copy of Bitcoin Billionaires” to the Mayor of Miami. a book written about twins while Pompliano praised Miami as the future Bitcoin city.

Miami Mayor says Bitcoin is a stable investment for a shaky year
Miami Mayor says Bitcoin is a stable investment for a shaky year

Early today, Suárez stated that his government is investigating the idea that Miami should be the first government to focus on cryptocurrencies in the country. “Absolutely explore that”, he said in response to a tweet. No further details were given.

Suarez was elected Mayor of Miami in November 2017 after running as an impartial candidate. Before entering politics, he worked as a lawyer and started a real estate company.

Miami has been described by some media as one of the most crypto-friendly American cities due to lax government oversight and the influx of foreign capital. The North American Bitcoin Conference with names like Charles Hoskinson, Roger Ver and Riccardo Sagni, It took place in Miami earlier this year.

Bitcoin’s explosive rally this year, fueled in part by corporate and institutional takeover, is fueling new conversations about digital assets. Bitcoin adoption is increasingly seen as a competitive advantage in an economy plagued by financial instability, asset price inflation, and record central bank intervention.

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