Miami Mayor Francis Suarez Accepts Bitcoin Donations for Presidential Campaign
Miami Mayor Francis Suarez, a vocal crypto advocate, has announced that his Presidential campaign is officially accepting donations in Bitcoin. He believes that developing technologies like Bitcoin can create democratizing opportunities for wealth creation and are not susceptible to ulterior motives or political goals. Donations as little as 0.00034 Bitcoin ($1) are accepted on FrancisSuarez.com.
Main Points:
- Miami Mayor criticizes Biden administration’s lack of comprehension of cryptocurrency.
- He opposes central bank digital currency and believes it lacks innovation.
- Suarez joins the Presidential bid against Donald Trump and Ron DeSantis.
- His decision to accept Bitcoin donations aligns with his longstanding support for digital assets.
- Suarez launched MiamiCoin (MIA) earlier in 2021, but its value has plummeted by 95%.
Hot Take: Miami Mayor Francis Suarez’s acceptance of Bitcoin donations for his Presidential campaign showcases his commitment to digital assets and his belief in their potential to democratize wealth distribution. While his exploration into crypto hasn’t been successful with MiamiCoin, he remains engaged with the industry and emphasizes the importance of a President who understands crypto and AI technologies.
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