Miami will use MiamiCoin Promise Revenue to distribute Bitcoin revenue to its citizens.

Golden Financial announced that Miami Mayor Francis Suarez on Thursday announced that the city of Miami will "Soon bring Bitcoin" to its citizens using proceeds from the MiamiCoin pledge. “It will be the first city in the United States to provide Bitcoin income directly to people benefiting from that income,” Suarez said. in the last 3 months. Suarez points out that these revenues, including annual revenues, represent one-fifth of Miami's total annual tax revenue of $ 400 million. Payments will be made through digital wallets, and the city will work with a variety of cryptocurrency exchanges to enable residents to receive, register, and verify digital wallets.