Miami Mayor Francis Suarez to accept presidential donations in bitcoin

[Rruchi man]

Bitcoin friendly Miami Mayor Francis Suarez has announced on Coindesk TV today that he will be accepting donations to his presidential campaign in bitcoin for as little as 0.00034. He said that this is a process of developing technologies that are going to create democratizing opportunities for wealth creation and are not manipulated by a human beign's ulterior motives,political goals e.t.c.

I personally do not trust politicians and whatever they say until they get it done. Many experience with many politicians have taught me that they cannot always be trusted, and prior to elections, these people always find ways to paint themselves as good people with interest of the people, to win the love of people.

Mayor Francis has being criticising Joe Biden administrative on the way he is handling crypto and said that the administrative don't understand crypto. He said that he will ban CBDC. He vowed to make Miami a bitcoin hub and has accepted his salary in bitcoin.

True that the Biden administration don't really understand crypto, but it is not just Biden who is the problem, there is a long list of powerful people in government who even with understanding of cryptocurrency do not just want it. If somehow on the slim chance Mayor Francis have of becoming president he becomes president, It will not easy to do the things he has planned.

[lalabotax]

Bitcoin friendly Miami Mayor Francis Suarez has announced on Coindesk TV today that he will be accepting donations to his presidential campaign in bitcoin for as little as 0.00034. .....

The more people or parties who have thoughts and decisions like this, the better it will be for Bitcoin. Because after all, there are certainly not a few Bitcoin users. And by facilitating them with these kinds of things it will further help to grow Bitcoin adoption more broadly and make things easier for Bitcoin users.

With all what these presidential candidate said,will it be possible for him to stand a chance to become the next president of US ?

This cannot be ascertained. Funds whether he will always hold his words regarding this Bitcoin in the future, also cannot be guaranteed. Hopefully this statement is not only in order for them to attract more sympathizers from crypto users but because they are truly Bitcoin enthusiasts and lovers who want to develop Bitcoin adoption and acceptance.

[Darker45]

While both Biden and Trump aren't fans of Bitcoin, at least the American people and the world as well have heard about it from no less than presidential aspirants. It speaks a lot as to Bitcoin's legitimacy. It, for example, says Bitcoin isn't a Ponzi.

I don't think that's true. There are many bitcoin fans among Trump and Biden supporters. I honestly think Trump is more pro-crypto than Biden too. It is just that Trump likes USD more and that's only natural because he was (and probably will be again) the president of the US. Wouldn't it be strange for a president to support a decentralized project while they have their own currency? In the end the voters don't really care what they think about crypto anyway. Half of the voters are pro-Trump and the other half is pro-Biden and lots of people from both sides are pro-crypto.

So, what's not true, then? There are indeed many Bitcoin fans among both Trump and Biden supporters. Does it make them Bitcoin fans as well?

Supporting a decentralized currency doesn't mean ditching your own national currency. Bitcoin is not there to completely replace fiat, after all. El Salvador's Bukele supports both Bitcoin and the USD as their country's legal tenders. He shows that it can be done however strange it may appear.

But my point was only that no less than the presidentiables in the US are making statements in support of Bitcoin. Whether these presidentiables will be successful or not is beside the point. What's important is that they acknowledge the technology before the country and the world.

[mirakal]

I understand that he’s been using bitcoin only to gain national recognition from people. But sad to say, I guess that’s a wrong decision because majority of the people are still anti-bitcoin so instead of gaining votes, it might put  him in a more worst spot in this coming election. That’s why I don’t think Suarez will have high rate winning with this upcoming presidential election, because aside that he’s a new face in the presidential race, his popularity and achievements are nothing compared to Trump and Biden.

[Ale88]

But sad to say, I guess that’s a wrong decision because majority of the people are still anti-bitcoin

Where did you get that type of statistics? A lot of Americans own bitcoin and other cryptos, and a lot of American politicians are fighting to defend the cryptos, and several states are clearly pro-crypto so who says that the majority of people are anti-bitcoin? And why should the be anti-bitcoin? What are the reasons?

[Majestic-milf]

 It just seems like every politician wants to use Bitcoin as a campaigning tool. Granted, Suarez is pro Bitcoin, but this approach to using Bitcoin in campaigns is getting quite old. Also, if we're him, I'd rather take my interests elsewhere, because even if Trump is muddled in legal battles and all that, he'd still have to contest with the likes of RFK Jr and Rob DeSantis and these dudes have more chances of winning than him. You know, they all have nice and beautiful plans for Bitcoin till they get into power.
 Correct me if I'm wrong, but I doubt the US will let Bitcoin take supremacy over the dollar, so even if he said he's accepting it as campaign donations, it would end there.
 

[Distinctin]

There’s still no guarantees that if ever he wins, he will continue to boost bitcoin as a currency. You know, politics is a big lie, and everyone’s force to lie to create a fake reputation. But IMHO, Mayor Francis has poor chances to stand out from this election. First, he’s not that famous to be recognized by many citizens. And second, maybe it’s a better thought if he just decide to run in a lower position than beat those veterans in this position. However, that’s just my personal thought, no one’s really know what will be the final result after this presidential race.

[iBaba]

With all what these presidential candidate said,will it be possible for him to stand a chance to become the next president of US ?
I think if he does become the president of US bitcoin price will shoot up in the nearest future  to six digits and bitcoin will gain more ground in the world. What are your suggestions on this

One thing I like with the mayor is his believe in the crypto market and how he has promoted Bitcoin investments over time. I think this is working for him.

Francis Suarez had a 400% growth in his own net worth during his first tenure, letting the entire Miami fall in love with cryptocurrency and tempting firms to bring their loud promotional efforts and influencers to the city.

Francis Suarez, the mayor, is a real estate lawyer, a private equity professional, and the happy owner of a $235,000 boat that he purchased after earning substantial profits in Bitcoin investments. While he has spent his time campaigning for president, showcasing the Laser Eyes Robot Bull Statue, and running 5Ks, he has also made a lot of money in this cause.

Despite the market crash of last year, the 45-year-old Republican's net worth has more than doubled to $3.5 million.

While Mayor Francis may have grassroots support and be able to canvass for votes on a consistent basis, I think he does not appear to have the national attention/coverage that Robert Francis Kennedy Jr., also known by his initials RFK Jr., has garnered ahead of their 2024 Presidential bid.