First mentioned: 30/01/2022
Last mentioned: 31/05/2022
Total mentions: 2
Most mentions: 2022
Francis Suarez, initially a lawyer, transitioned into politics and assumed office as the 43rd mayor of Miami in 2017. He has successfully secured re-elections and emerged as a prominent supporter of Bitcoin in his political career.
Francis Suarez on Bitcoin
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Suarez mentioned Bitcoin during an interview with CoinDesk, dismissing worries regarding its value and volatility. "It's lost more than 50% of its value, but it doesn't change my feelings about the fundamental technology."
Suarez informed Bloomberg that he felt at ease accepting his $97,000 salary in Bitcoin, citing the government's expenditure patterns as the reason for his comfort. "When government are spending that kind of money that they are, when you have inflation at the point that it is, when you have rampant overspending in government and deficit spending, all that pushes in favor of an increase in the price of Bitcoin. So, I feel very comfortable getting my entire salary in bitcoin."
