Is this city planning to use Bitcoin to pay for transactions? Market leadership! Do you want

On November 2, Miami Representative Francis Suarez asked, "Who was the first American politician to receive a Bitcoin salary?" City leaders receive Bitcoin as a salary and "100% Bitcoin is used". To do. . "

Miami Mayor Information Officer Mike Sarasti announced that he had become a "pilot" and received part of his salary last week in Bitcoin. He said the experience was "very perfect".

Suarez is a Bitcoin fan and has been instrumental in transforming Miami into a new digital financial destination. His passion was once again confirmed by this retweet on Twitter.

It should be noted that in early February of this year, Suarez planned to use bitcoin to pay and pay taxes to municipal authorities. According to a Bloomberg report from February 11, the price of Bitcoin has continued to rise to new highs over time. Suarez proposed a solution that would allow city officials to choose whether to use bitcoin to collect some or all of their salaries.

Suarez also announced in the resolution that he would allow city dwellers to pay property taxes or city fees in cryptocurrency.

Although Bitcoin is a major cryptocurrency exchange, Suarez said he supports Bitcoin and plans to include it in Miami's balance sheet and will ask city officials to look at the "low investment" in Bitcoin. "Government financing capacity.

However, Suarez's vision doesn't appear to be happening at the moment. Currently, Florida, where Miami is located, and US federal law do not allow the government to own private cryptocurrencies.

Disappointment with the entry of cryptocurrency on the balance sheet, the advance of cryptocurrency continues in Miami. On June 5, Miami announced the launch of the cryptocurrency city, MiamiCoin, on June 8.

The tokens are provided by the CityCoin token issuer and offer a new way to generate local capital for your favorite city. The CityCoin team believes that in the future, each city will have its own crypto token, or CityCoin.

The group also reported that residents who use cryptocurrency as a gift may be eligible for local taxes. At the same time, students can also get a discount when using MiamiCoin to pay local or public colleges.

The CityCoin team said MiamiCoin could be distributed to the city's most needy citizens or placed in tax-free or tax-exempt lives to protect the future.

Bitcoin's popularity has not waned lately. On October 27, President Naive Bucker of the Republic of El Salvador announced on social media Twitter that the government had purchased 420 bitcoins on the same day, for a total value of around $ 25 million, according to Xinhua. This is the new purchase of this virtual currency by the Salvadoran government after the purchase of 150 bitcoins on September 20.

On that day, the Bitcoin exchange rate was just over $ 59,000 each. According to statistics from El Salvador, the government now has 1,120 bitcoins worth almost $ 66 million.

On September 7, El Salvador became the first country in the world to recognize Bitcoin as a viable option. Booker believes that legalizing Bitcoin can help lower the cost of sending remittances to foreign countries and encourage investment and tourism.

Booker added that using Bitcoin is optional, not mandatory. Salaries and pensions will have to be paid in addition to the United States, but it does not say whether that includes government and private sector salaries.

Opponents, however, believe that Bitcoin's expansion increases difficult financial oversight and could lead to fraud, including money laundering and financial fraud.