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New York and Miami fight over bitcoin

Key facts:

The mayor of New York wants the use of bitcoin and other cryptocurrencies to increase in the city.

He said the competition started with the mayor of Miami, who was a pioneer in accepting cryptocurrencies.

Who’d say? Two cities in the United States are fighting over which is the most friendly to cryptocurrencies. Eric Adams, the new mayor of New York, declared that he will start a “friendly competition” with Francis Suarez, the mayor of Miami, who has made headlines yesterday for announcing that he will receive his salary in bitcoin.

Francis Suarez has been doing various actions to maximize the use of cryptocurrencies in Miami. Not only did he establish to receive his total salary in bitcoin, he also partnered with CityCoins to launch a special token for its inhabitants. This asset called MiamiCoin (MIA) is now available for purchase and sale.

From another part of the country, Eric Adams, who took office as mayor of New York on November 2, views Suarez’s initiative positively. It considers that it is a policy that benefits the population of the capital of Florida and he was not afraid to say that MiamiCoin “is working very well.”

In addition, he stated that the Miami project could be replicated in New York. That is to say, the city that never sleeps could also have its own cryptocurrency in the future if it partners with CityCoins. This organization aims to continue creating tokens for cities in the United States that want it and demonstrate it through the vote of citizens.

Eric Adams publicly supports the cryptocurrency industry. Source: Twitter.

New York seeks to maximize the use of bitcoin and other cryptocurrencies

The new mayor of New York stated his intention to increase the adoption of bitcoin and cryptocurrencies in the city. He assured that he is not only going to evaluate the possibility of creating his own token. Too you are going to find out what are the factors that are limiting the development of the industry in your territory.

Specifically, Eric Adams promised to “look at what is holding back the growth of bitcoin and cryptocurrencies in our city.” Regarding this, as revealed by ., long ago, the mayor of Miami publicly stated that New York was wrong in trying to cripple bitcoin mining.

About the author

Donna Miller

Donna is one of the oldest contributors of Gruntstuff and she has a unique perspective with regards to Science which makes her write news from the Science field. She aims to empower the readers with the delivery of apt factual analysis of various news pieces from Science. Donna has 3.5 years of experience in news-based content creation, and she is now an expert at it. She loves journalism, and that is the reason, she moved from a web content writer to a News writer, and she is loving it. She is a fun-loving woman who has very good connections with every team member. She makes the working environment cheerful which improves the team’s work productivity.

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