Miami's 'Bitcoin Mayor' Francis Suarez Announces Presidential Bid

Photo byPhoto 185828094 | Miami © Felix Mizioznikov

In a surprising turn of events this week, Miami's Mayor Francis Suarez, known to many as the "Bitcoin Mayor," has thrown his hat into the 2024 Republican presidential primary.

Suarez, 45, is famous for his tech-friendly vision and has strongly advocated for Bitcoin and other cryptocurrencies, earning him his digital currency moniker.

In recent years, Suarez has actively promoted Miami as the world's first "Web3 city," a place where digital currencies like Bitcoin would play a central role. He even proposed initiatives like paying city workers in Bitcoin and offering residents dividends from a municipal "Bitcoin yield." Suarez's passion for digital currency extended to his paycheck, as he opted to receive 100% of his salary in Bitcoin.

Suarez is very optimistic about Bitcoin. When asked about his salary, which took a hit during the recent downturn, he assured that it was "actually up" and that Bitcoin has been a "pretty good investment."

Suarez's candidacy announcement comes on the heels of news that former President Donald Trump faces criminal charges for improperly storing classified White House documents. As the race heats up, seeing how Suarez's tech-forward approach and Bitcoin advocacy will play out on the national stage will be interesting.

For those interested in following in Suarez's Bitcoin footsteps, check crypto apps like MoonPay. It's a user-friendly service for newcomers to the world of digital currencies, bringing us all a step closer to Suarez's vision of a Web3 future.

With the 2024 election on the horizon, Suarez's bid brings an exciting new dynamic to the race. As the "Bitcoin Mayor" sets his sights on the presidency, the world of politics might be about to get a lot more digital.

What do you think about the latest presidential bid coming from the crypto city?

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