The Astonishing Fortunes of Miami’s Bitcoin-Earning Mayor

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In a turn of events as delightful as they are perplexing, Miami Mayor Francis Suarez-whose avowal of Bitcoin as his salary commenced in the latter part of 2021-has declared himself unperturbed by the recent tumult in the crypto market. Indeed, he boasts a rather enviable increase of approximately 300% on his Bitcoin remunerations. 📈

When queried by Fox Business this past Wednesday on whether he was “concerned” about Bitcoin (BTC) dipping beneath the lofty $100,000 mark-a calamity that left much of the crypto market in a state of collective distress over the preceding week-the Mayor, ever the crypto enthusiast, responded with unwavering composure. 😌

“Not in the least,” he remarked, “for I was compensated when Bitcoin was at $30,000, and thus I find myself 300% in the black-nay, it soared to 400% when Bitcoin reached $120,000. Daily market fluctuations hold no terror for me,” he added with a flourish, “I am far more engrossed by the broader implications of possessing a store of value that inspires confidence, sustained by a money creation system enshrined in its code.”

Mayor Suarez, ever the forward-thinker, professes greater interest in the unfolding saga of decentralized finance, crypto, and artificial intelligence than in the mercurial dance of daily prices. 🤖💱

Suarez’s Daring Endeavour to Embrace a Bitcoin Salary

The Mayor’s decision to accept a portion of his salary in BTC in 2021 was hailed as nothing short of audacious-particularly for a politician-given the murky regulatory waters that crypto navigated in the United States at the time. 🚀

Mr. Suarez initially proclaimed in early November 2021 that he would receive his forthcoming paycheck entirely in Bitcoin, thus positioning himself as the first legislator at either state or federal level to undertake such a venture. 🏛️

“I shall take my next paycheck wholly in Bitcoin…problem solved!” he declared with characteristic élan. 🎉

Yet, it appears our esteemed Mayor may have entangled himself in the wires of his own narrative. He asserts that he was remunerated when Bitcoin stood at $30,000, though it was already soaring at $64,000 at the time of his declaration in November 2021-an inconsistency that did not escape notice. 🧐

Nevertheless, Mayor Suarez insists he was a holder of both Bitcoin and Ether (ETH) prior to receiving his cryptocurrency paychecks, and has been a vocal advocate of the crypto market since as early as December 2020. 💬

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2025-11-06 04:29