Mayor of Miami Francis Suarez hopes to create laws that would allow Miami to embrace crypto and blockchain innovation and serve as an example for others.
Speaking to Forbes, Suarez explained that lawmakers were already on the job, looking to establish a framework that would attract more crypto and blockchain innovation in Florida.
“We want to make sure that we believe that if all things are equal, we win. So, we just want to equalize the playing field. We want to make sure that nobody has an advantage over us based on laws that are easily changeable”, Suarez said.
Cryptocurrencies have felt a bit of a coldsnap under Donald Trump's presidency, but the opposite is expected to take effect now that Joe Biden has stepped in, appointing some key people who are not against crypto.
As to Suarez, he is definitely a proponent of crypto, and Bitcoin in particular. According to him, employees should be paid in Bitcoin if they choose to and he has said that local governments will be open to the idea of collecting taxes in BTC.
Such enthusiasm is refreshing and it may indeed give Bitcoin a more sustainable outlook, driven not by millionaires and the establishment, but everyday people like the enigmatic Satoshi Nakamoto meant.