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Author: Admin | 2025-04-28
But also some risk. For example, Miami’s treasury, according to the mayor’s recollection, doesn’t hold any commodities and mostly sticks to cash and cash equivalents. This makes his intent in this field a strong statement of interest in what holding bitcoin can do for the city of Miami.He’s also keeping an eye out on the bitcoin ecosystem and events, having spoken at a bitcoin event a couple of years ago, and looking to bring the Bitcoin 2021 Conference to Miami.Finally, the mayor is considering financing his reelection campaign in bitcoin, joining a small selection of politicians who have raised funds in bitcoin. Combined with his social media presence, the efforts could bear fruit that helps solidify his tech-friendly persona, as well as the treasury for his next re-election.Beyond just efforts for his city, Mayor Francis is also reaching out and learning from other states and jurisdictions — and making efforts to bring Wyoming-style laws on bitcoin to Florida, having reached out to Caitlin Long of Wyoming fame and speaking with Florida CFO Jimmy Patronis about bringing a bill in the state legislature that would bring Wyoming-style bitcoin regulations to Florida.The mayor concluded the interview by saying that many people “underestimated this story” (the story of bitcoin) and it looks like with these actions, he isn’t going to be one of them. The mayor of Miami is combining its hosting of innovators with a drive to bring bitcoin to the stage.
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