Another politician entered the contest to be the next president of the United States in 2024, and unlike the sitting Democrats Joe Biden and Donald Trump, this candidate is pro-crypto. Francis X. Suarez, mayor of Miami, has filed with the Federal Election Commission to run as a Republican.
Mayor of Miami Francis Suarez announces a run for president
The 43rd mayor of Miami, Florida and a lawyer from the United States, Francis X. Suarez, has declared his candidacy for president of the United States with the Federal Election Commission. During an interview on Fox News last Sunday, Suarez teased an important surprise, giving away some information about the news.
He will face up against Ron DeSantis, the governor of Florida, and former president Donald Trump. According to reports, Suarez intends to officially launch his candidacy at the Ronald Reagan Presidential Library in Simi Valley, California.
Suarez, who is well known for his support of cryptocurrencies, has spoken loudly for bitcoin (BTC). He elected to put a portion of his 401K retirement plan in bitcoin and was paid in bitcoin as the mayor of the second-most populated city in Florida.
Additionally, he has looked at the prospect of converting certain Miami treasury reserves to bitcoin and has backed proposals that would let citizens of Miami pay taxes in bitcoin. Suarez is being supported by a brand-new Super PAC, and he has landed a “six-figure” commercial that will be shown across three states.
The advertisement will run in Nevada, Iowa, and New Hampshire, according to The New York Times. The Times claims that the advertisement depicts criminal activity and a burning automobile, referring to it as “Joe Biden’s America.”
The advertisement also emphasizes Miami’s dropping crime rate since Suarez came into office. Suarez has an edge in the cryptocurrency world because of his support. Joe Biden and Donald Trump, who both have voiced contempt for bitcoin and the cryptocurrency market in general, cannot be considered to be in agreement with this.
Suarez, though, will be up against rivals who do back bitcoin and the cryptocurrency industry. Robert F. Kennedy Jr., a Democratic challenger who just declared his campaign’s acceptance of BTC, is one such candidate.
Kennedy is likewise opposed to central bank digital currencies (CBDCs) and thinks they might result in a dictatorship in the financial sector. DeSantis, a Republican, has a favorable posture toward crypto assets and is likewise opposed to a CBDC. Suarez will also go up against Republican official Vivek Ramaswamy, who is also pro-crypto and accepts bitcoin (BTC) for campaign contributions.