Speaking at a Chamber of Digital Commerce panel discussion in late February, City of Miami Mayor Francis Suarez noted that his city’s employees, like others, are worried about the “potential devaluation of the dollar,” so he proposed to the Miami City Commission a resolution to allow “our employees to take a percentage of their salaries in Bitcoin if they so desired.”
After all, notes Suarez, “The highest-paid player in the National Football League” Carolina Panthers offensive tackle Russell Okung won’t be earning the most because he’s the best player in the NFL but “because he asked for 50% of his salary in Bitcoin.”
Bitcoin breaks records, what happens next, Coinbase IPO: Hodler’s Digest, Dec. 13–19
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more one week on Cointelegraph in one link!
Years of price falls and drama followed. Nonetheless, believers remained confident that one day,
one day,
And on Dec. 16, 2020, that day finally came. In quick succession, BTC smashed through
$20,000,
$23,800. This stumbling block was eviscerated over the weekend when BTC headed above
$24,000.
In an extraordinary run, Bitcoin’s price has surged by more than
On-chain analyst Willy Woo has proclaimed that $55,000 is the next landmark for Bitcoin to reach asserting that $100,000 is a “ridiculously low” target. Meanwhile, Quantum Economics founder Mati Greenspan believes “things are just getting started.”