A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.
The mayor of the U.S. city of Miami, Florida, has unveiled his “Vision for Bitcoin America 2024.” Stressing that the U.S. needs to elect a pro-bitcoin president, he said “we need to integrate bitcoin into every aspect of our society” this year and “unleash the macro power of bitcoin.”
Miami Mayor Francis Suarez talked about bitcoin at the Bitcoin 2022 conference that’s taking place in his city this week. The pro-bitcoin mayor has led several bitcoin initiatives in his city and state. His salary is already paid in bitcoin and his city employees can choose to be paid in bitcoin.
“I need to articulate a vision for this country,” he said. “The vision is simple. I call it: Vision for Bitcoin America 2024.” Suarez explained that it has three points, stating:
The first is we need to elect pro-bitcoin candidates, and yes the next president of the United States has to be a pro-bitcoin candidate.
“Because what’s at stake is federal legislation that can either propel us into the next generation or can set us back,” the mayor emphasized.
“There’s one thing the United States should never do: it should never agree on anything with Russia and China when it comes to bitcoin,” he continued, elaborating:
The second thing we need to do this year is we need to integrate bitcoin into every aspect of our society, every part of the fabric of our society. We need to make sure that you can go into a convenience store and buy a Snickers with a satoshi.
Mayor Suarez proceeded to highlight his third point. “The last thing that we need to do is: we need to unleash the macro power of bitcoin,” he said. “Bitcoin has the power to democratize and to create wealth for the unbanked and for the poor in our community who are getting decimated by inflation and government spending that has gone rampant.”
The pro-bitcoin mayor noted: “If you have a bank account today, guess how much interest you’re earning — zero. And it’s worse than that because of inflation. Someone is sticking a hand in your bank account and taking money out because the purchasing power of your fiat currency, the fiat currency of the world, is being diminished.”
So we have to lean into this generational wealth creation opportunity so that the poor in our community don’t get left behind like they always do when the government intervenes.
Suarez noted: “We have to understand that bitcoin has a possibility of being able to allow for people to transmit money outside of the banking system efficiently and quickly and give people in countries that are dominated by, in many cases, socialist and communist regimes the ability to untether themselves from that control, and be able to be free and be able to spend money in their countries and buy goods without having to worry that the currency that they’re using is being controlled by the very government that controls all of their decisions.”
Stressing that “We want to create a world that has economic peace and prosperity … Bitcoin has been a factor for good across the world,” he concluded:
We want a world of freedom. We want a world where people can choose their own destiny, where their tomorrows are better than their yesterdays — and I plan to be a part of it.
What do you think about Mayor Suarez’s comments? Let us know in the comments section below.
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