Francis Suarez, the mayor of Miami, said he played an “evangelist role” in Davos, where he is teaching people about Bitcoin.
Cointelegraph Editor-in-Chief Kristina Cornèr sat down with Miami Mayor Francis Suarez at the recent World Economic Forum summit in Davos, Switzerland to discuss topics such as the mayor’s role in the WEF, the fact of Bitcoin being a global currency and what the mayor does with his BTC holdings.
According to Suarez, his role at the WEF is different from the one he played at the Bitcoin Conference Miami 2022 event. In Davos, the mayor noted that he played an “evangelist role” in that he is teaching people about Bitcoin. He explained that he is trying to make people understand that this technology is going to impact “the lives of many.”
Aside from this, Suarez also spoke about the potential of Bitcoin as a global currency. The mayor highlighted that Bitcoin presents several opportunities to democratize and even “disrupt socialist regimes.” Furthermore, he said that Bitcoin “creates trust, which is what monetary systems should be based on.”
Suárez, who received part of his salary in Bitcoin, told Cornèr that most of the time he holds his bitcoins. He stressed that he believes in the technology behind cryptocurrency and thinks that one day he could hand over his holdings to his children.
The Miami mayor also expressed that he agrees with Mastercard CEO Michael Miebach’s sentiments about how SWIFT can be gone in five years. Suárez pointed out that companies like Mastercard that bet on cryptocurrencies are very important for the industry. The mayor believes that Mastercard has an infrastructure that can help the crypto world in terms of processing power.
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