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Mayor of Miami Francis Suarez Accepts Paycheck 100% in Bitcoin
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blockchain.newsFrancis Suarez, an American attorney and politician serving as the 43rd Mayor of Miami, announced on Twitter on Tuesday that his next salary will be received in Bitcoin (BTC).
In his posting, Francis Suarez stated that he will become the first American lawmaker to accept bitcoin as a salary payment.
According to the Miami Herald, the mayor of Miami’s annual salary is $187,500.
According to Coinmarketcap, bitcoin has risen by 3.53% in the past 24 hours. At the time of writing, bitcoin was trading at $63,061.43. In accordance with the current bitcoin price, Francis Suarez’s total salary is valued at about 3 BTC.
Francis Suarez seems more hopeful that his salary will be converted into Bitcoin through the use of Fintech Strike or Bitwage.
His
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