Bitcoin Magazine Miami Mayor Francis Suarez Says His Bitcoin Paycheck Is Up 300%

Miami Mayor Francis Suarez says he’s sitting on major gains from his Bitcoin paychecks, telling Fox Business he’s “up 300%” since taking his salary in bitcoin.

“I got paid at $30,000,” Suarez said, noting that Bitcoin had even been up 400% when it hit $120,000 earlier this year. Despite recent market volatility — with Bitcoin slipping below $100,000 this week — Suarez said he isn’t worried about short-term price swings.

[The volatility of bitcoin] “really doesn’t bother me,” he told host Stuart Varney. “I’m more concerned with the macro impact of having a store of value that people have faith in, that has a money creation system known through the code.”

Suarez, who famously became one of the first U.S. pol

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