Post
Topic
Board Economics
Re: Miami mayor considers investing in bitcoin with public funds
by
Silberman
on 29/01/2021, 19:19:51 UTC
here's an interesting update from the city of miami.

no word on direct investment yet, but in reaction to the recent faketoshi/whitepaper controversy, they started hosting the whitepaper on the city's website: https://www.miamigov.com/Government/City-Officials/Mayor-Francis-Suarez/Bitcoin-White-Paper

is CSW gonna threaten to sue them now too? Cheesy

Wow!!! This is like an open endorsement for Bitcoin from the city of Miami. So can we say with 100% surety that Francis X. Suarez (the Republican mayor of Miami) is pro-Bitcoin? I would like endorsements from more Republican politicians, as the Democrats are moving in the opposite direction (with Janet Yellen threatening legal action against Bitcoin). I am not expecting much from RINOs such as Murkowski and Romney, but GOP should come in support for cryptocurrency if Yellen and her cronies are planning a crackdown.
This is a nice gesture which to me speaks volumes as it is a clear sign that he is aware of the controversy and he is aware as well that CW is a liar and that the community for the most part does not trust in him, it worries me that now the Democrats have so much power, they may actually try a move against bitcoin but at the end it will backfire on them as bitcoin is simply inevitable and the more they resist the more chances they will lose to obtain something out of it.