francis suarez
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Miami Mayor Wants to Take Part of His 401k in Magic Beans
Mayor Diamond Hands strikes again. As Bitcoin endured a price plunge from last month’s high (and plummeting at this writing), Miami’s Francis Suarez confirmed that he’ll take part of his 401k in Bitcoin. On Friday, managing editor Samuel Burke of Real Vision — an alt finance channel that only invites “ the smartest investors and…
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Bitcoin Miners Are Gobbling Up U.S. Energy
There’s a big new presence slurping up power from the U.S. grid, and it’s growing: bitcoin miners. New research shows that the U.S. has overtaken China as the top global destination for bitcoin mining and energy use is skyrocketing as a result.
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Miami May Start Paying City Employees in Bitcoin
Miami’s mayor, Francis Suarez, is champing at the bit to rebrand his city as a haven for tech entrepreneurs and the tax dollars that come in their wake. His latest branding effort involves a push to make the city offer its municipal workers the option to get paid in bitcoin, and he’d love it if…