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Miami Goes All In on Bitcoin as Mayor Francis Suarez Looks to Use BTC for Payments, Florida Wins Again
February 12, 2021 @ 9:37 am By JD Alois
Miami Mayor Francis Suarez is going all-in on Bitcoin as he announced via Twitter that he has requested the city manager to research a vendor to facilitate Bitcoin payments as well as paying employees in Bitcoin.
Crypto insiders quickly embraced the move with
Anthony Pompliano labeling Miami the first Bitcoin [municipality] in the United States.
Florida, and Miami specifically, has emerged as a haven for tax abused refugees from high tax states like California and New York. A business-friendly climate and no state income taxes has lured a growing number of Californians and New Yorkers to the sandy beaches of Florida. Additionally, Florida’s keen ability to more effectively manage the ongoing COVID health crisis has helped as well – in contrast to the struggles of California and New York.