Miami Mayor to Accept Next Paycheck 100 Percent in Bitcoin

Miami Mayor to Accept Next Paycheck 100 Percent in Bitcoin
Miami Mayor Francis Suarez, second left, gives Brazilian President Jair Bolsonaro the keys to the city during the Forum Of The Americas at the InterContinental Miami in Miami, Fla., on March 10, 2020. Zak Bennett/AFP via Getty Images
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Miami Mayor Francis Suarez said Thursday on Fox Business’ Cavuto: Coast to Coast that he will be accepting his next paycheck entirely in bitcoin in a move to showcase Miami as one of the most “innovative cities on the planet.”

Suarez, 44, made the announcement as a followup to a tweet reply by Anthony Pompliano, a crypto enthusiast and investor at Morgan Creek Capital Management. “It is time. Who is going to be the first American politician to accept their salary in bitcoin?” asked @APompliano, to which @FrancisSuarez replied, “I’m going to take my next paycheck 100% in bitcoin … problem solved!”

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