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This Article is From Nov 03, 2021

Miami’s Mayor Says He’ll Take Next Paycheck in Bitcoin

Miami Mayor Francis Suarez, who's up for re-election today, said that he would take his next paycheck “100% in Bitcoin.”

“Can you help?” Suarez said in a 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 on Tuesday in response to a question from crypto promoter Anthony Pompliano of Morgan Creek Capital Management.

The Miami mayor also has jobs as a lawyer and with a private equity firm. The tweet appeared to reference his public sector salary. 

Read More: Miami Mayor Says Plan Advancing to Pay City Employees in Bitcoin

©2021 Bloomberg L.P.

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