Miami mayor says that Bitcoin can be a global currency

Kristina Cornèr, Cointelegraph’s editor-in-chief, sat down with Miami Mayor Francis Suarez on the current World Economic Forum held at Davos, Switzerland, to debate matters just like the function the mayor performed on the WEF, Bitcoin being a world foreign money and what the mayor does together with his BTC.

In response to Suarez, his function on the WEF is totally different from what he did at the Bitcoin Miami event. At Davos, the mayor famous that he performed an “evangelist function” the place he is instructing folks about Bitcoin. He defined that he’s attempting to get folks to grasp that this expertise goes to influence “the lives of many.” 

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Aside from this, Suarez additionally mentioned the potential of Bitcoin as a world foreign money. The mayor highlighted that Bitcoin presents varied alternatives to democratize and even “disrupt socialist regimes.” Moreover, he stated that Bitcoin “creates belief, which is what foreign money programs ought to be primarily based on.” 

Suarez, who received some of his paychecks in Bitcoin, instructed Cornèr that he largely hodls his Bitcoin. He underscored that he believes within the expertise behind the crypto and thinks that he may give it to his youngsters sooner or later.

Associated: WEF 2022: Bitcoin should be seen from an innovation perspective, says Miami mayor

The mayor of Miami additionally expressed settlement with the emotions of Mastercard CEO Michael Miebach that SWIFT may cease to exist in five years. Suarez famous that firms like Mastercard leaning into crypto are crucial for the business. The mayor believes that Mastercard has an infrastructure that may assist the crypto world by way of processing energy.