Coinspeaker
Pro-Bitcoin Miami Mayor Files Paperwork for US Presidential Bid

The Mayor of Miami and Bitcoin advocate Francis Suarez has signaled his intention to run for the US presidential position. As he joins the Republican race for the seat of president, Suarez has become the first Hispanic in the group. As the son of the city’s first Cuban-born Mayor, Miami voters have elected the Bitcoin bull twice. Currently, he serves as the Mayor of the city, which has around 450,000 residents.

The Miami Mayor is contesting former US president Donald Trump and fellow Florida Governor Ron DeSantis, who is another Bitcoin advocate, as they all fight to lead the Republican presidency bid.

Miami Mayor Signals Interest in US Presidential Bid

The US Federal Election Commission revealed the Miami Mayor’s move concerning the US presidential seat. According to a document by the Commission, Suarez filed official paperwork on Wednesday, shortly after his opponent Trump had an arraignment in Miami. The former president was charged with hoarding classified documents at his estate in Palm Beach County.

The newly-announced US presidential aspirant will speak at the Ronald Reagan Presidential Library in Simi Valley, California, on the 16th of June. The Miami Mayor is expected to shed more light on his US presidential race at the event.

It is about to be a rejoicing moment for the Bitcoin community if the Mayor wins the election. Suarez, who once stated that BTC could become a global currency, started accepting his salary in Bitcoin in 2021. Last year, he confirmed that he still receives his paycheck in Bitcoin but wanted the public to be aware of the risks attached to cryptocurrency. Even as the crypto market was red and many investors lost large percentages of their holdings, Suarez remained positive on the first crypto asset.

Before declaring his intention for the US presidential election, Suarez was also involved in “MiamiCoin” early last year. The MiamiCoin program was designed to help Miami residents buy crypto via a digital wallet and also receive a Bitcoin dividend.

While the Bitcoin community may support the Miami Mayor and cast their vote for him, his acknowledgment about not voting for Trump in the 2016 or 2020 elections could affect him. In addition, the presidential aspirant confirmed that he did not vote for DeSantis in 2018.

Notably, the Miami Mayor had hinted that he could bid for the US presidential post. Speaking to POLITICO in May, he stated:

“because I think I can grow the tent — not for an election, but for a generation. I think it matters who is the communicator of ideas and how they communicate those ideas. You can look at my history and know that I’m someone who’s a unifier. You can look at my history and see that I’m someone who appreciates the nuances in a variety of different Hispanic cultures.”

The 2024 US presidential election is scheduled for the 5th of November, 2024.

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Pro-Bitcoin Miami Mayor Files Paperwork for US Presidential Bid