‘Bitcoin Mayor’ of Miami is Running Against Trump

Since his 2017 election, Francis X. Suarez has been a vocal supporter of cryptocurrencies.

Miami’s mayor, Francis X. Suarez, has officially entered the presidential race. Suarez, often known as the “Bitcoin Mayor,” has long advocated for the use of Bitcoin in government transactions, including his own salary and 401(k) contributions. He has also publicly said that he wants Miami to become a worldwide crypto centre after the passing of the $1.9 trillion stimulus package.

Today, Suarez registered with the Federal Elections Commission as a Republican candidate, making him a potential challenger to Trump for the party’s candidature.

Suarez is the latest Republican presidential candidate to try to win over Bitcoin supporters. Florida Governor and Republican nominee Ron DeSantis declared last year that corporations may pay their state taxes using Bitcoin. However, he did not indicate that individuals could do the same. Desantis signed a measure prohibiting CBDC (Central Bank Digital Currency) in Florida in May.

Elon Musk and Republican presidential contender and Florida Governor Ron DeSantis had a heart-to-heart discussion about digital assets, including Bitcoin, the digital currency, and even Dogecoin.

DeSantis, in a TwitterSpaces chat with Twitter CEO Elon Musk, suggested that if entrusted U.S. President Joe Biden were to lose reelection, Bitcoin’s future can get secure.

Democratic presidential nominee Robert F. Kennedy, Jr. showed his support for Bitcoin by attending the Bitcoin Conference and making a pledge to protect the cryptocurrency from “invasive surveillance.”

Kennedy campaigned on a platform that included protecting people’s “right to hold and use Bitcoin” and “the right of self-custody.”

Jack Dorsey, a prominent Bitcoin proponent and the former CEO of Twitter has just come out in favour of Kennedy, tweeting, “He can and will.” after a video of Kennedy declaring his ability to defeat Trump and DeSantis went viral.

Also Read: The European Central Bank Would Be Required Under The Proposed Plan To Regulate The Extent To Which Digital Euros May Be Used