• Latest
  • Trending
Bitcoin Wages Might Become Available for Miami Employees, According to City’s Mayor

Bitcoin Wages Might Become Available for Miami Employees, According to City’s Mayor

October 13, 2021
SHIB Burn Rate Soars 8,902% as Shiba Inu Army Gets Rid of Billion SHIB

SHIB Burn Rate Soars 8,902% as Shiba Inu Army Gets Rid of Billion SHIB

March 18, 2023
Shanghai Jahwa Accelerates Management Change and Upgrades to Lead China’s Cosmetics Industry to A New Era

Shanghai Jahwa Accelerates Management Change and Upgrades to Lead China’s Cosmetics Industry to A New Era

March 18, 2023
SVB Collapse Tanked NFT Trading Volumes, DappRadar Report Suggests

SVB Collapse Tanked NFT Trading Volumes, DappRadar Report Suggests

March 18, 2023
Top 10,000 Bitcoin investors control one-third of the supply

Top 10,000 Bitcoin investors control one-third of the supply

March 18, 2023
What are distributed systems, and how do they work?

What are distributed systems, and how do they work?

March 18, 2023
Insane Bet by Balaji Srinivasan

Insane Bet by Balaji Srinivasan

March 18, 2023
The Brave Browser Introduces a Revolutionary Way to Sell Crypto | by Crypto Beat | The Capital Platform | Mar, 2023

The Brave Browser Introduces a Revolutionary Way to Sell Crypto | by Crypto Beat | The Capital Platform | Mar, 2023

March 18, 2023
Friendliness Toward Crypto ‘Does Not Exist’

Friendliness Toward Crypto ‘Does Not Exist’

March 18, 2023
HappyMiner provides high-quality cloud mining services for passive income

HappyMiner provides high-quality cloud mining services for passive income

March 18, 2023
  • Privacy Policy
Saturday, March 18, 2023
Mount Rushmore Crypto
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Mount Rushmore Crypto
No Result
View All Result
Home Crypto

Bitcoin Wages Might Become Available for Miami Employees, According to City’s Mayor

J_News by J_News
October 13, 2021
in Crypto, Top News
0
Bitcoin Wages Might Become Available for Miami Employees, According to City’s Mayor
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter


Arman Shirinyan

Miami mayor is bullish on Bitcoin, looking forward to paying his employees with digital assets

Related articles

SHIB Burn Rate Soars 8,902% as Shiba Inu Army Gets Rid of Billion SHIB

SHIB Burn Rate Soars 8,902% as Shiba Inu Army Gets Rid of Billion SHIB

March 18, 2023
Shanghai Jahwa Accelerates Management Change and Upgrades to Lead China’s Cosmetics Industry to A New Era

Shanghai Jahwa Accelerates Management Change and Upgrades to Lead China’s Cosmetics Industry to A New Era

March 18, 2023

Miami Mayor Francis Suarez has recently made a statement that it is “a major priority” for the city of Miami to create an overflow that would allow municipalities to pay its employees in Bitcoin, according to Bloomberg. Suarez has said that they are looking forward to becoming the “crypto capital of the United States.” The goal will be reached by the implementation of a progressive path of Bitcoin adoption.

The city will issue a proposal that will help to create terms to make payment in Bitcoin available. The mayor has also stated that the administration will move forward with a proposed plan to allow residents to pay fees and taxes with digital currency.

Previously, in February, Suarez brought up a proposal to the city commissioners that would allow Miami to invest government funds in Bitcoin, but the state does not allow local governments to invest in such volatile and unregulated assets as Bitcoin.

Suarez said that if the city would have been able to hold Bitcoin from the moment that he put the resolution on the table, the invested funds would have been up by 30% or 40%, referencing the current price action. But at the same time, Suarez has not mentioned that the city’s investment would have been down by almost 40% in mid-July this year.

Suarez remains a strong Bitcoin believer alongside cryptocurrency industry enthusiast Elon Musk, who moved the biggest chunk of his business to Texas. The city will still be able to invest its funds in Bitcoin in the event that physically backed cryptocurrency ETFs are approved in the next two weeks by the SEC.



Source link

ShareTweetShareShare
Previous Post

Binance launches $1 billion fund for BSC growth and adoption

Next Post

Should You Invest In Closed-End Funds? | by Kalpen Patel | The Capital | Oct, 2021

Related Posts

SHIB Burn Rate Soars 8,902% as Shiba Inu Army Gets Rid of Billion SHIB

SHIB Burn Rate Soars 8,902% as Shiba Inu Army Gets Rid of Billion SHIB

by J_News
March 18, 2023
0

Yuri Molchan Another staggering lump of Shiba Inu sent to dead wallet while price goes up According to data provided...

Shanghai Jahwa Accelerates Management Change and Upgrades to Lead China’s Cosmetics Industry to A New Era

Shanghai Jahwa Accelerates Management Change and Upgrades to Lead China’s Cosmetics Industry to A New Era

by J_News
March 18, 2023
0

On March 17, Shanghai Jahwa United Co.,Ltd. (Shanghai Jahwa) held its 2023 Strategic Conference entitled “To Beauty To Youth” to share the company’s development strategy,...

SVB Collapse Tanked NFT Trading Volumes, DappRadar Report Suggests

SVB Collapse Tanked NFT Trading Volumes, DappRadar Report Suggests

by J_News
March 18, 2023
0

Not all collections of non-fungible tokens, however, were affected in the same way. Projects from NFT issuer Yuga Labs, including...

Top 10,000 Bitcoin investors control one-third of the supply

Top 10,000 Bitcoin investors control one-third of the supply

by J_News
March 18, 2023
0

Key Takeaways Bitcoin is a decentralised asset, yet large amounts are controlled by a select few The top 114 addresses...

What are distributed systems, and how do they work?

What are distributed systems, and how do they work?

by J_News
March 18, 2023
0

For distributed systems to function, a task must be divided into smaller subtasks and spread over several nodes or computers...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

The 7 Best New ICOs To Buy in 2023

Crypto Narratives to look out for in 2023 | by Blockchain Jew | The Capital Platform | Feb, 2023

New York Attorney General sues CoinEx over failure to register

© 2021 mtrushmorecrypto - Crypto Related News Blog

No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT