Miami mayor plans to include bitcoin in 401 (k) severance package

12月
11
2021-12-11 13:16
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On December 11, Miami MP Francis Suarez announced his intention to use Bitcoin as part of his 401 (k) severance package, a month after he started receiving Bitcoin salaries. “I think it's a worthwhile investment,” Suarez said in an interview. "She would love to have this opportunity. That's what I believe." Suarez added that Bitcoin's success comes close to people's trust in the system, which is essentially an "open source, non-tamper-proof system." The market announced that it has started accepting Bitcoin payments through its third-party payment provider, Strike. The mayor also announced that the city government will accept Bitcoin payments from Miami residents. Suarez noted that he had explored various options for Bitcoin to pay severance pay, and that the city will certainly have a system by 2022. (Cointelegraph)

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2021-12-11 12:26

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