πŸ’° Miami Mayor To Take Next Paycheck In Bitcoin

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πŸ’° Miami Mayor To Take Next Paycheck In Bitcoin

Hey Blockster,

Cryptocurrency adoption has been rising rapidly lately.

In addition to retail investors, institutionals, celebrities, athletes, businesses, and even states like El Salvador have been adopting or experimenting with digital assets.

Recently, Francis Suarez, the pro-crypto mayor of Miami, announced that he will be taking 100% of his next paycheck in Bitcoin, which will make him the first US politician to accept salary in crypto.

Interestingly, Suarez's announcement was a response to crypto advocate and Morgan Creek Digital partner Anthony Pompliano, who asked on Twitter: "Who is going to be the first American politician to accept their salary in bitcoin?"

As one of the most vocal supporters of crypto among politicians within the United States, Suarez asked the director and CIO of Miami's Innovation and Technology to help him accept his next paycheck in BTC.

To learn the details of the story, we highly recommend checking out this article on Blockdesk.

Ready to read more exciting stories about the ever-exciting cryptocurrency industry? Look no further, as we have collected the most important articles for you right from Blockdesk. Check them out below:

XRP Vs. XLM – What Does Stellar Do Better? – Like Xbox and PlayStation on the gaming market, Ripple (XRP) and Stellar (XLM) have served as two great competitors in the cryptocurrency space, with both projects focusing on disrupting the payments industry with blockchain-based solutions. However, since its launch, Ripple has managed to maintain the upper hand in this field.

What Are The Top DEX On Fantom Blockchain? SpiritSwap Vs. SpookySwap – As Ethereum aims to fix its high gas fees with the long-awaited ETH 2.0 upgrade and sharding, competitor smart contract blockchains are increasingly gaining traction. One of them is Fantom (FTM). And today, we will introduce you to the two top decentralized exchanges (DEXs) on top of this emerging blockchain solution.

Can Ethereum Reach $100,000 A Coin In The Future? – Ethereum (ETH) has been having an excellent year in 2021, achieving significant gains for holders. But can the coin's price reach $100,000 in the coming years?

Ethereum Classic – Riding The Coattails Of Ethereum – Will It Grow? – Ethereum Classic (ETC) is a rather controversial project that is the result of a split in the chain and the community of Ethereum (ETH) following the infamous DAO hack. And, in this article, we will explore Ethereum Classic, its current ecosystem, and recent developments around the project.

That's all for today. Stay tuned, as we will return tomorrow with a new collection of exciting crypto stories.

Cheers,
The Blockster Team
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