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Miami Mayor Wants Its City Workers Paid in BTC By CoinQuora

by Mike Robinson

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© Reuters. Bitcoin Adoption: Miami Mayor Demands That Its City Workers Are Paid In Bitcoin
  • Miami Mayor rallying for adoption
  • Employers can get paid using BTC, if they are approved.
  • Bitcoin prices surge by 4.62%, and traded at $58,029.38 over the last 24 hour.

Bitcoin, digital currency that is revolutionizing the world, is the future of money. In fact, the year 2021 saw major Bitcoin adoptions and discussions in many countries. Recent times have seen the United States jump on the cryptocurrency bandwagon. The Mayor of Miami and crypto enthusiast is the highlight. He stated that Miami wants to make it possible for city employees to be paid in Bitcoin.

Francis Suarez the Mayor of Florida, stated that he hopes to make Florida a hub for digital assets. As such, preparations are underway for the implementation of this plan in October. If the county approves, Miami residents can also pay fees or tax in Bitcoin.

Suarez also advocates for Florida to allow Miami to have Bitcoin in its balance sheets. The United States doesn’t allow cities to have Bitcoin at both the State and Federal levels.

CoinMarketCap data shows that Bitcoin saw a 4.622% rise. The price of Bitcoin (BTC), at the time this article was written, is $58,029.38. Bitcoin’s dominance in the crypto market is not surprising to many who stayed steadfast to the number one digital coin in the world.

If Bitcoin’s upward trend continues, it could reach $60,000 per month. The crypto’s value will rise as more countries adopt Bitcoin and consider it their Legal Tender. Only time will tell if Bitcoin can withstand the tests of time.

Continue reading on CoinQuora

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