Miami Mayor Francis Suarez delivered the keynote speech at the Bitcoin 2021 conference, saying that the days of a currency tied to the central bank are over.
Miami Mayor Francis Suarez delivered the keynote speech at the Bitcoin 2021 conference, saying that the days of a currency tied to the central bank are over. Bitcoin 2021, the largest BTC conference ever held, is currently taking place in Miami.
As CryptoPotato reported, the event was opened by the city’s mayor, Francis Suarez, as expected.
Miami Mayor Suarez lauded the whole move of Bitcoin and cryptocurrencies . He even compared them to what Miami is trying to accomplish in its path to become a tech hub. He compared Bitcoin with all the people who said that Bitcoin would fail and remain a failed financial experiment.
He urged people to stop focusing on the current volatility and reminded everyone that the Bitcoin price has been in the green zone since the beginning of the year.
Suarez also said that the conflict between Proof of Work and Proof of Stake will eventually come to an end, while also suggesting that the US will become a powerhouse when it comes to renewable energy Bitcoin mining.
Finally, Suarez said that “the days of a currency tied to a central bank are over.” Concluding his speech, Francis Suarez said it was time to buy at the bottom.