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Miami Could Put One Percent of Its Treasury Reserves Into Bitcoin, Mayor Francis Suarez Alleges

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Tue, 29/12/2020 - 16:14
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Miami Could Put One Percent of Its Treasury Reserves Into Bitcoin, Mayor Francis Suarez Alleges
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Miami Mayor Francis Suarez is "open to exploring" the idea of putting one percent of the city's treasury reserves into Bitcoin, according to his recent tweet.  

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Earlier this month, the head of America's seventh-biggest city got behind the concept of cryptocurrency-centric governance.    

Suarez has also praised "Bitcoin Billionaires," a hit book penned by "Accidental Billionaires" author Ben Mezrich.      

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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