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October 3, 2022
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The mayor of Miami calls Bitcoin a “stable investment” in a volatile year.

Miami Mayor Francis Suarez is another high-profile figure who has spoken positively about Bitcoin (BTC). This shows that mainstream cryptocurrency adoption continues to grow

Bitcoin is a stable investment

In a tweet on Thursday, Suarez called Bitcoin a “stable investment” during an “incredibly volatile year,” adding that he learned about a key cryptocurrency thanks to figures such as Tyler Winklevoss and Anthony Pompliano.

Winklevoss and Pompliano responded to Suarez’s tweet. Tyler stated that he and his brother Cameron would bring the Mayor of Miami a “signed copy of the Bitcoin Billionaires” – a book about the twins. Pompliano, on the other hand, pointed to Miami as the future city of BTC.

Earlier, Suarez pointed out that his administration is exploring the idea of ​​Miami becoming the country’s first crypto-centric government. In response to a tweet, he wrote, “Of course, we are investigating this.” However, he did not provide any further details.

Suarez was elected Mayor of Miami in November 2017. Prior to his political career, he worked as an attorney and also founded a real estate firm.

Miami has been described by some media as one of America’s best cities for cryptocurrencies, due to loose state supervision and the influx of foreign capital. At the beginning of the year, the North American BTC Conference was held in Miami, attended by Charles Hoskinson, Roger Ver and Riccardo Sagni.

This year’s rally, driven in part by corporate and institutional adoption, is driving new talks about digital assets. BTC adoption is increasingly seen as a competitive advantage in an economy hit by financial instability, asset price inflation and record central bank intervention.

The Miami Mayor’s article calls Bitcoin a “stable investment” in a volatile year. comes from – Bitcoin, cryptocurrencies and blockchain technology ..

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