Miami’s Mayor Says He’ll Take His Next Paycheck in Bitcoin
Miami’s Mayor Says He’ll Take His Next Paycheck in Bitcoin
(Bloomberg) -- (Corrects story published Nov. 2 to replace outdated affiliation of investor Anthony Pompliano in third paragraph.)
Miami Mayor Francis Suarez, who was re-elected on Nov. 2, said that he would take his next paycheck “100% in Bitcoin.”
“Can you help?” Suarez said in a Nov. 2 tweet, referencing the city’s director of innovation and tech, Mike Sarasti.
Suarez, who has been advocating to turn Miami into a new center of digital finance, said last month that he was working on a plan to pay city employees in the cryptocurrency. He made his comment in response to a question from investor Anthony Pompliano, who co-founded Morgan Creek Digital Assets before launching Pomp Investments in September, 2020.
The Miami mayor also has jobs as a lawyer and with a private equity firm. The tweet appeared to reference his public sector salary, which was set at $97,000 as of 2018.
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