Miami Mayor Buys Bitcoin After $1.9 Trillion Stimulus

Fibo Quantum

In a recent interview, Miami Mayor Francis Suarez said that he bought bitcoin right after Joe Biden’s $1.9 trillion stimulus bill passed the U.S. Senate in March, claiming that he doesn’t think people will want to stay in dollar-denominated currencies.

“I did buy bitcoin and ethereum and I bought it literally the day … that the $1.9 trillion spending bill passed the Senate and it was going to the president’s desk,” Suarez shared in the interview during Ethereal Virtual Summit 2021. “If the federal government’s going to spend $1.9 trillion then I think I need to have some [bitcoin], and this is definitely going to go up.