Will Mayor Suarez’s Miami Be the First Major City to Buy Bitcoin?


The business mayor brings his employment of technology skill to the crypto room with the possibility of a 1% financial investment of the city’s gets right into BTC.

This episode is funded by Nexo.io.

Today on the Brief:

  • Initial unemployed insurance claims expand the most considering that March
  • Biden reveals emergency situation alleviation strategy
  • Fed Chair Powell goes over CBDCs as well as stablecoins

Our primary conversation: Is Miami regarding to placed 1% of its treasury right into bitcoin?

Since December 2020 there has actually been a great deal of discussion regarding no matter if Miami can end up being the following Silicon Valley, or at the very least hire a large swath of business skill to started a business.

In this episode, NLW considers just how that conversation relocated right into the crypto world as well as led to Mayor Suarez’s current conversations regarding relocating Miami’s treasury right into bitcoin. He says that the tale has to do with the bigger changes in just how cities as well as geographical areas complete for superiority in the social networks, remote job period.

See likewise: Miami Mayor ‘Exploring’ Ideas in Crypto Governance

Image debt: Joe Raedle/Getty Images News