The Governor Of Florida Welcomes Bitcoin

2021-12-11 00:08:27
Florida Wants Crypto

According to Bloomberg, Ron DeSantis, Governor of Florida, welcomes crypto and wants to start developing bitcoin projects. This news come after the unsuccessful integration of cryptocurrencies in the city of Miami.

Back then, Mayor of Miami, Francis Suarez, revealed plans to start giving bitcoin paychecks to all employees in his administration.

The goal behind this project was to set the stage for further, wide-scale implementation of bitcoin, i.e. crypto in the city of Miami.

With this in mind, it is safe to say that Mayor Suarez finally has a high-ranking Florida state official in his corner. Being that the Governor openly discloses his fondness of crypto, and the desire to make Florida bitcoin-friendly.

Our view as the state government is this is something that we welcome and we want to make sure that the state government is crypto-friendly.Ron DeSantis | Governor of Florida

The idea of the Governor is to use bitcoin for various payment needs. This includes the idea for businesses in Florida to pay state fees and taxes in crypto, i.e. bitcoin.

In addition, the Governor wants crypto as part of the next year’s budget as well. Similar to the Governor’s idea, Mayor Suarez wanted to use bitcoin for several different purposes.

This includes employees in the city administration getting bitcoin paychecks, residents paying fees and taxes with bitcoin, and creating a bitcoin fund for the city of Miami.

Starting From Scratch

However, the lack of support and logistics in that area is what practically killed the idea. Consequently, Mayor Suarez was forced to turn to a more viable solution, such as a third party app.

For that matter, in order to get their paycheck in bitcoin, employees have to download the Lightning app, and then receive their bitcoin paycheck.

Naturally, due to this situation, the Mayor decided to put the entire project on hold, until further notice. That is why the news that Governor Ron DeSantis welcomes crypto in Florida is probably most exciting for the mayor of Miami.

Especially since the highest-ranking official in the state is also pro-crypto, and is not afraid to publicly speak on the matter.

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