Francis Suarez

Updated January 30, 2023
By cukuwotu

“ I’m going to take my next paycheck 100% in Bitcoin….”

Under Francis Suarez’s leadership, Miami is making history as the city steps boldly into a brighter future with innovative climate-smart policies and cutting-edge technology solutions at its disposal. His historic election by an overwhelming 86% mandate was followed up by another resounding victory in his re-election, this time receiving nearly 79 percent of votes cast in his favor! Mayor Suarez believes that all residents should have access to living their best life here – creating a thriving city for generations to come.

Biography

Mayor Suarez, the oldest of four siblings, has public service running through his veins. Raised by Xavier Suarez – former City of Miami Mayor and Mayor himself – he was born into a family that advocated for social consciousness while growing up at City Hall itself. A graduate from Florida International University’s finance program in the top ten percent of his class; as well as cum laude recipient with a law degree from The University of Florida Frederic G. Levin College Law; today, he works alongside Greenspoon Marder’s corporate real estate transaction departments serving invaluable duty to those around him.

Mayor of Miami

Mayor Suarez has been critical in leading the Miami Forever Bond, a $400 million municipal bond initiative to combat sea level rise and provide affordable housing. His major priorities include enhancing the quality of life, developing pathways for prosperity and setting up resilient foundations. As part of his efforts to pressure-proof the city against climate change’s growing impacts, he wrote an article with former UN Secretary-General Ban Ki-moon last February on how Miami is becoming more resilient every day thanks to strategic investments in environmental protection initiatives. Beyond that, Mayor Suarez also modernised government functions by launching an online permitting system while managing other successful projects like reducing homicide rates across the town dramatically -all under his leadership as mayor.

Mayor Suarez has made a lasting impact on Miami. With his leadership, the city saw crime and taxes drop to their best levels in over half a century; this was accompanied by an economic boom that benefited all of its citizens.

Crypto & Blockchain Development

In February 2021, City of Miami Mayor Francis Suarez took a bold step to make his city the world’s leading hub for cryptocurrency: proposing that municipal workers be paid in Bitcoin and taxes accepted in similar form. Less than two months later, this plan was kicked into high gear with renowned NBA stadium The American Airlines Arena renamed to FTX Arena – thanks to its new exchange naming rights holder! It is clear that Mr. Suarez’ passion-driven ambition will lead him far beyond traditional boundaries when it comes to promoting positive economic change through technological innovation within his municipality.

Mayor Suarez made a game-changing announcement when he revealed MiamiCoin (MIA) as part of CityCoins’ global movement. Developed in partnership with the Stacks protocol, MIA is an asset that enables users to mine and invests for their benefit – but also contribute to city initiatives through token mining rewards, 30 percent of which go toward programs initiated by the city itself. In its first few months after launch, this powerful currency reportedly generated over $30 million worth of revenue – funds Mayor Suarez believes could replace taxes and fundraising efforts altogether. The potential upside doesn’t end there; developers are creating decentralised applications powered by MIA too!

November was a landmark month for Miami’s mayor, Francis Suarez. Embracing the emerging technology of cryptocurrency, he announced his intention to receive part of his salary, “100% in Bitcoin” through Strike-a Bitcoin-to-fiat conversion platform. On top of that commitment, Mayor Suarez pledged all city residents would be able to create their own wallets and make passive income from staking MiamiCoin as dividends paid out entirely in Bitcoin! Further, he is cementing himself as an early adopter of decentralised digital assets; come 2022 he plans on accepting some 401k payments via BTC, too – proving there’s no limit when it comes to innovation by this leader who’ll surely find a way forward with cryptos’ future success.

Miami is fast becoming a crypto-capital of the world, thanks partly to Mayor Francis Suarez’s unwavering dedication. From hosting Bitcoin 21 and encouraging startups such as Blockchain.com and eToro to move there, he has made great strides towards making it easier for citizens to access cryptocurrencies. It seems his ambitions do not stop here either – speculating that America’s next president should be pro-crypto, many speculate whether he may consider throwing his hat into the ring come 2024!