Jane Castor, the mayor of Tampa Bay, Florida, has announced that she will accept her salary in Bitcoin (BTC), according to several sources who attended the Florida Bitcoin Blockchain Summit.
Castor announced the Friday morning on the second day of the summit, which will be held at the Amalie Arena in downtown Tampa. According to event attendees, Celsius Network cryptocurrency lending platform will facilitate BTC payments from the mayor.
LATEST NEWS: #Tampa Higher @JaneCastor just announced that she will accept @FrancisSuarez Challenge to collect their wages #Bitcoin with the help of @NukeGold @CelsiusNetwork In the #FL Bitcoin and Blockchain Summit.@APompliano @CoinDesk @Cointelegraph @LedgerInsights
to???? Gabe – Higgins (@GabeBHiggins) November 5, 2021
LAST MINUTE NEWS: Tampa’s Mayor Jane Castor has just announced that she is accepting Francis Su¡rez’s challenge to collect her salary in Bitcoin using the Celsius network at the Bitcoin Blockchain Summit in Florida.
The news quickly spread via Crypto Twitter with Bitcoin evangelist Anthony Pompliano pointing that a total of four mayors in the United States have started accepting at least a portion of their paychecks in BTC.
Another major has decided to take his salary in Bitcoin.
The running count this week is 4 mayors in the United States.
Tag your mayor and ask if he’s Bitcoin friendly 🙂 https://t.co/pXzyd661NM
to???? Pomp (@APompliano) November 5, 2021
Another mayor has decided to collect his salary in Bitcoin.
There are already 4 mayors in the United States who have done so this week.
Tag your mayor and ask if he’s a bitcoin backer 🙂
Castor’s decision appears to have been influenced by Francis Su¡rez of Miami, who recently became the first mayor to accept part of his salary in bitcoin. New York’s newly elected Mayor Eric Adams followed suit and announced that it would accept its first three payrolls entirely in cryptocurrency.
Su¡rez and the newly elected Adams have spoken out in favor of turning their respective cities into cryptocurrency hubs. After his election, Adams did explained that New York City will become the “center of the cryptocurrency industry”.
We always go big in New York, so I’ll take my first THREE paychecks in Bitcoin when I get older. NYC will be the hub of the cryptocurrency industry and other fast growing, innovative industries! Just wait!
to???? Eric Adams (@ericadamsfornyc) November 4, 2021
We always go big in New York, so I’ll get my first THREE salaries in Bitcoin when I’m mayor. New York will be the center of the cryptocurrency industry and other fast growing innovative industries.
Although Bitcoin has seen several episodes of extreme price volatility this year, Bitcoin hit all-time highs again in late October and continues to trade above $ 60,000. The price increase was accompanied by growing acceptance by regulators and financial institutions, as well as by merchants and payment processors.