WEF 2022: 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 latest World Economic Forum held at Davos, Switzerland, to debate matters just like the position the mayor performed on the WEF, Bitcoin being a global currency and what the mayor does together with his BTC.

According to Suarez, his position on the WEF is completely different from what he did on the Bitcoin Miami occasion. At Davos, the mayor famous that he performed an “evangelist position” the place he is instructing folks about Bitcoin. He defined that he’s making an attempt to get folks to grasp that this know-how goes to influence “the lives of many.”

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

Suarez, who obtained a few of his paychecks in Bitcoin, advised Cornèr that he principally hodls his Bitcoin. He underscored that he believes within the know-how behind the crypto and thinks that he might give it to his kids at some point.

Related: WEF 2022: Bitcoin ought to 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 could stop to exist in 5 years. Suarez famous that corporations like Mastercard leaning into crypto are essential for the business. The mayor believes that Mastercard has an infrastructure that can assist the crypto world by way of processing energy.


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