Andrew Yang. Source: a video screenshot, Youtube / Andrew Yang
Politicians appear ready to use Bitcoin (BTC) and altcoins as tools to score points with crypto-loving voters and citizens in some of the largest cities in the United States – like budding New York City Mayor Andrew Yang and current Mayor of Miami , Francis Suarez, seem to outdo each other with sweeping new promises and manifest promises that can also help attract new investments to these cities.
Suarez, per Bloomberg, has proposed putting a “limited amount of government funds” into Bitcoin, saying that he is “committed to promoting the emergence of Bitcoin as it continues to find widespread acceptance”.
And Miami’s political boss couldn’t stop there: he’s also suggesting paying community workers in BTC and allowing citizens to use the token to pay their tax bills.
He confirmed on Twitter that he was “investigating the pay of paying employees in Bitcoin” and “investing the treasury in Bitcoin”.
– Mayor Francis Suarez (@FrancisSuarez)
Suarez wanted city commissioners to vote to use BTC without hesitation. According to a report by the Miami Herald, after a lengthy discussion that raised several questions about getting into the world of cryptocurrency, commissioners agreed 4-1 to an analysis before the city hired a company to process transactions.
Meanwhile, Yang, a former Democratic Party presidential candidate, seems interested in surpassing Suarez with his own bold promises.
Yang wrote on Twitter that if he won his offer to run “the world’s financial capital,” he should “invest to make the city a hub for BTC and other cryptocurrencies.”
Democratic and Republican primaries will be held this June, and New Yorkers will vote on November 2nd. Yang is the overwhelming favorite to be won with almost all British bookmakers, according to Oddschecker.
In response to Yang’s promise, Wyoming’s so-called Bitcoin Senator, Cynthia Lummis, who now serves on the U.S. Senate Banking Committee, quipped that her connections would be happy to help Yang if he decided to eradicate the state’s malicious crypto service provider operating license system BitLicense. She wrote on Twitter
“I wish you the best of luck and keep up with Wyoming. Reach out when you need to untangle the BitLicense. I know some people who would like to help. “
Wyoming is already known for its pro-crypto and blockchain policies.
Either way, one thing America has no shortage of is crypto-loving politicians. Reno, Nevada Mayor Hillary Schieve previously went public with her support from Chainlink (LINK). Schieve waded happily into battle.
I sense competition @Mayorsuarez
– Mayor Hillary Schieve (@MayorSchieve)
Crypto advocates welcomed all of these crypto-themed political points and expressed the hope that this could ultimately help end centralized funding once and for all.
Brian Harrington, Bitcoin attorney, said:
“Cities should add Bitcoin to their balance sheets and work together to end that [Federal reserve]. Bring back locality! ”
– US President’s hopeful Yang calls for national crypto regulations
– Turn Miami into a Bitcoin City with Miami Mayor Francis Suarez
– The US Congress is now also aiming for decentralized services
– Bitcoin-mad Palihapitiya says he will not run for governor of California