• Miami Mayor Francis Suarez announced his candidacy for the 2024 presidential election in June and will accept BTC donations for his campaign.
• Suarez has criticized the current US administration led by Joe Biden and launched MiamiCoin (MIA) in 2021 to pay a recurring Bitcoin stimulus to Miami citizens.
• He also said that he would ban a central bank digital currency (CBDC).
Miami Mayor Announces Presidential Campaign
Miami Mayor Francis Suarez, a Republican, announced his candidacy for the 2024 presidential election in June. The mayor has also said that he would ban a central bank digital currency (CBDC).
BTC Donations Accepted
Bitcoin-friendly Miami Mayor Francis Suarez has said that he will accept Bitcoin (BTC) donations for his presidential campaign. According to Suarez, supporters can now donate as little as 0.00034BTC, or the equivalent of $1, at his campaign website.
Suarez’s View on CBDCs
Suarez, who is known to advocate for Bitcoin, has said that he would ban a central bank digital currency (CBDC). He said that people do not want the federal government to know where they have their money and how much money they have.
MiamiCoin Launched
In 2021, Suarez launched the MiamiCoin (MIA), which he hoped would be used to pay a recurring Bitcoin stimulus (similar to dividends) to Miami citizens.
Criticism of Biden Administration
The mayor has criticized the current US administration led by Joe Biden saying: “The biggest mistake that this administration has made is they don’t understand crypto so they have gone to a regulated-by-enforcement mechanism as opposed to set the ground rules.“