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Francis Suarez, Miami’s Mayor Wants Part of His 401K Retirement in Bitcoin

Miami’s Bitcoin-loving mayor, Francis Suarez, told a reporter at Real Vision’s Takeover event in Las Vegas on Friday that he’s planning to take some of his 401K retirement in his favorite cryptocurrency.

Furthermore, This is coming just a month after his reelection. Then, Francis Declares he will receive his next paycheck in Bitcoin. Of course, Francis Suarez is currently collecting some wages in Bitcoin through payments processor Strike.

Also, in response to the new development, Jackson, Tenn., Mayor Scott Conger tweets: “All of our employees will soon have this option.”

Recall, Sometime in January, The three of them has discussuons on how Bitcoin will become Francis Suarez mission to make Miami
“the most crypto competitive city on the planet.”

“All of our employees will soon have this option. The RFP is out and proposals due on the 22nd.” — Mayor Scott Conger (@MayorConger) December 12, 2021

Lastly, Francis Suarez explains to Miami’s Bitcoin Carnival attendees that he’s
“trying to create the Bitcoin, blockchain, and mining capital of the world.”

Consequently, the city’s governing commission notes that Francis Suarez proposes paying city workers in Bitcoin.

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Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.