Share this article

Miami Uploads Bitcoin White Paper to Municipal Website

Mayor Suarez once again pledged to turn Miami into a "hub for crypto innovation."

Updated Sep 14, 2021, 11:02 a.m. Published Jan 27, 2021, 6:43 p.m.
Miami Mayor And City Manager Hold Hurricane Season Kickoff Press Conference

The city of Miami on Wednesday uploaded a copy of the Bitcoin white paper to its municipal website, joining a growing chorus of governments and companies now hosting bitcoin's original blueprint.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

  • Mayor Francis Suarez emphasized his commitment to "turn Miami into a hub for crypto innovation" in his tweet announcing the upload. He's been pumping the U.S. city's potential as a landing ground for California tech expats for weeks on social media.
  • As such, Suarez's decision may have less to do with pushing back against Craig Wright's legal threats (the original catalyst for this white paper upload movement) than with currying favor with bitcoin maximalists.
  • Miami is the "first municipal government to host Satoshi's white paper," Suarez asserted.

Read more: Miami Mayor ‘Exploring’ Ideas in Crypto Governance

Higit pang Para sa Iyo

BitSeek: Decentralized AI Infrastructure Revolutionizing the Web3 Industry

More For You

Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying

alt

Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.

What to know:

  • Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
  • The rally coincided with significant spot BTC price premium on Coinbase.
  • Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.