In a recent interview, Francis Suarez revealed where he spent the incentive payment he, like other Americans, was in to stimulate the U.S. economy
According to the official, he spent all the money received on the same day, buying cryptocurrency BTC and ETH. In his opinion, this is the best way to spend the money.
Cryptocurrency is constantly growing in price. Therefore, the amount that you have in your account increases in 2, 3, 4 and even more times in a short period of time. In many ways, the activator of growth is the same law on stimulating the economy by $1.9 trillion.
If the Government pours money into the economy, no one will want to keep dollars. Everyone will rush to buy bitcoins, and this will be the key to a new increase in the price of cryptocurrencies.
Suarez has a positive view of cryptocurrencies. The mayor of Miami wants his region to actively innovate, among which, according to the official, the most promising is cryptocurrency.
Suarez, allowed to pay taxes with cryptocurrency, wants to introduce a salary in bitcoins for government employees. It also plans to turn Miami into a mining center using green energy.