The Miami City Commission is now discussing the option to allow Miami residents to pay taxes and earn Bitcoin’s salaries.
Miami Mayor Francis Souarez submitted an official proposal to see Bitcoin (BTC) in different areas of the city government as an appropriate method for payment.
The Mayor posted the news on Twitter and confirmed that the City Council approved the motion.
โI wanna thank the city of Miami commissioners for supporting my resolution, which directs a city manager after analysis to procure a vendor to be able to offer our employees to get a percentage of their salary in Bitcoin; allows our residents to pay for fees in Bitcoin.โ
The resolution also brings before the state legislature a plan that if it worked Bitcoin would consider municipal funds to be an appropriate investment.
“It is marvelous to be a very forward town, and I would like to thank my colleagues in the commission for making this possible.”
While Resolution 4-1 was accepted by the Commission, according to Bloomberg’s 11 Feb. Article it rewrote its initial call. Instead of taking action, as the initial resolution would indicate, the Committee decided to only study the viability of these measures.
Any city commissioners have been warned not to move to Bitcoin without a detailed review of the risks. “Perhaps you’re ahead, and perhaps you’re right, but let’s look at that,” Manolo Reyes told the commissioner. Ken Russell, a vice-chairman of the city commission, allegedly said he “surely did not oppose” Miami’s Bitcoin embrace proposal. However, “we all know what we come into,” he said, it is always important to ensure.
Suarez, who is poised to be re-elected in 2021, is a steady proponent of emerging technology such as blockchain. The official has previously declared that Miami will be “the most progressive crypto law” and that Silicon Valley will become the US’s most Bitcoin-friendly venue.
Disclaimer: The views and opinions expressed in the blogs are those of the authors & Blockchain analytic companies and do not necessarily reflect the official policy or position of coinbaazar.com or any of its employees or associates. Assumptions made in the analysis are not reflective of the position of any entity other than the author (s) since we are critically thinking human beings; these views are always subject to change revision and rethinking at any time. Please do not hold coinbaazar.com to them in perpetuity.
Good web site you have here.. Itโs hard to find high quality writing like yours these days. I honestly appreciate individuals like you! Take care!!
bookmarked!!, I like your blog!
Hey, thanks for the blog article.Really looking forward to read more. Great.
Excellent write-up. I certainly love this website. Thanks!
Good post. I learn something new and challenging on websites I stumbleupon every day. It will always be exciting to read content from other authors and use a little something from other web sites.
Good article! We will be linking to this great content on our site. Keep up the great writing.
There’s definately a great deal to find out about this topic. I really like all of the points you’ve made.
I really like it when people get together and share thoughts. Great website, stick with it!
Excellent blog post. I definitely appreciate this website. Keep it up!
Way cool! Some extremely valid points! I appreciate you penning this article and also the rest of the site is really good.
I really love your site.. Excellent colors & theme. Did you develop this web site yourself? Please reply back as Iโm planning to create my very own website and would love to know where you got this from or just what the theme is named. Appreciate it!
Hi there! I just want to give you a big thumbs up for your excellent info you’ve got here on this post. I will be coming back to your web site for more soon.
Everything is very open with a precise clarification of the issues. It was truly informative. Your site is extremely helpful. Thanks for sharing!
You ought to take part in a contest for one of the most useful sites on the web. I most certainly will recommend this site!
There’s certainly a great deal to know about this topic. I really like all of the points you made.
This is the right webpage for anybody who really wants to find out about this topic. You know a whole lot its almost hard to argue with you (not that I really would want toโฆHaHa). You certainly put a brand new spin on a subject which has been written about for ages. Excellent stuff, just great!
Excellent site you have here.. Itโs hard to find quality writing like yours these days. I seriously appreciate individuals like you! Take care!!
Your style is unique compared to other folks I’ve read stuff from. I appreciate you for posting when you’ve got the opportunity, Guess I’ll just book mark this site.
Everyone loves it when people get together and share ideas. Great site, keep it up!
I seriously love your site.. Pleasant colors & theme. Did you make this website yourself? Please reply back as Iโm hoping to create my very own blog and would like to know where you got this from or exactly what the theme is called. Thanks!
Im obliged for the blog post.Thanks Again.
Looking forward to reading more. Great blog article. Awesome.
Say, you got a nice blog article.Really looking forward to read more. Really Great.
Say, you got a nice blog post.Really thank you! Really Cool.
Im obliged for the blog.Really thank you! Will read on…
A big thank you for your blog article.Much thanks again. Keep writing.
Great, thanks for sharing this blog.Really thank you! Really Cool.
Thanks-a-mundo for the article post.Thanks Again. Really Cool.
Your mode of telling everything in this article
is genuinely pleasant, every one be able to easily know it, Thanks
a lot.