Miami Mayor Francis Suarez, who made headlines in 2021 for being the primary American politician to take his official wage in cryptocurrency, hinted that digital belongings may make a grand return throughout a current dialogue on synthetic intelligence on the eMerge Americas 2023 convention in Miami. Talking with former Google CEO Eric Schmidt, Suarez additionally joked about being in New Hampshire for undisclosed causes, main Schmidt to take a position that the mayor could also be contemplating a run for workplace within the state.
Mayor Suarez needs Miami to be a crypto hub
Suarez, who’s a Republican and leads the U.S. Convention of Mayors, has been a vocal proponent of positioning Miami as a brand new heart for expertise, finance, and cryptocurrency. Regardless of the current decline in Bitcoin’s worth, Suarez has remained optimistic concerning the sector and believes that the present “crypto winter” will ultimately come to an finish.
Throughout the dialogue with Schmidt, the Miami Mayor famous that the resurgence of synthetic intelligence is a optimistic signal for the way forward for cryptocurrency. He believes that the thawing out of the AI winter will result in the emergence of latest use circumstances for the expertise.
Schmidt, who served as CEO of Google from 2001 to 2011, recalled an analogous interval of AI winter previously. Nevertheless, he additionally famous that there was a current explosion of latest AI strategies and developments which have led to computer systems turning into higher at duties like imaginative and prescient and gaming than people.
The dialogue with Schmidt additionally revealed that the Miami Mayor has broader political ambitions. Though he didn’t affirm whether or not or not he’s planning to run for president, he indicated that he has been contemplating his choices. Given his outspoken assist for cryptocurrency and his efforts to place Miami as a hub for tech and finance, it’s potential that he may use these points as a platform in a future marketing campaign.
The Miami mayor has been vocal about crypto since 2021
Suarez’s management on cryptocurrency and expertise points has already garnered nationwide consideration. He has been an advocate for blockchain expertise and has pushed for Miami to turn out to be a “bitcoin-friendly” metropolis. Along with accepting his wage in cryptocurrency, he has additionally proposed permitting residents to pay taxes and charges in Bitcoin.
Suarez’s efforts to advertise Miami as a tech and finance hub have additionally been profitable up to now. The town has attracted a rising variety of expertise corporations and startups, together with main gamers like Microsoft and SoftBank. Suarez has additionally labored to place Miami as a vacation spot for enterprise capital funding, highlighting town’s numerous financial system and its rising expertise pool.
The Miami Mayor’s feedback on the eMerge Americas 2023 convention counsel that he could have his sights set on increased political workplace, probably even a run for the presidency. No matter his plans, it’s clear that he’s dedicated to selling the expansion of expertise and cryptocurrency in Miami and past. His management on these points has already introduced important consideration and funding to town, and he’ll possible proceed to be a significant drive in shaping the way forward for tech and finance in the USA.