Miami news-Page 2
From beer to Bitcoin as legal tender: A BTC education in Roatán
Few crypto enthusiasts around the world could point to the remote island of Roatán prior to the Bitcoin 2022 conference in Miami. Dušan Matuska was one of them, a Bitcoin (BTC) educator whose plans to open a Bitcoin education center in a former brewery entangled with the Satoshi Nakamoto-inspired vision of a special economic zone in Honduras called Próspera. Located on Roatán, Próspera accepts Bitcoin as de facto legal tender as of April 2022. But how did a Slovakian Bitcoin miner stumble across one of the few locations worldwide to accept Bitcoin as de facto legal tender? And, what does …
Adoption / April 21, 2022
Making Bitcoin legal tender is Mexico will be 'an uphill battle,' says Ricardo Salinas
During the Bitcoin 2022 Conference in Miami, Florida, Cointelegraph caught up with Ricardo Salinas, the founder and chairman at Grupo Salinas, in an exclusive sit-down interview. As an early Bitcoin (BTC) adopter, since its $200 days, Salinas has experienced first-hand the highs and lows of the market, and learned a thing or two along the way. Salinas started off the day as a panelist at the main stage of the Miami Beach Convention Center among fellow billionaires Orlando Bravo, Marcelo Claure and Dan Tapiero. In a discussion titled "Bitcoin Billionaire Capital Allocators," Salinas disclosed that 60% of his portfolio is …
Adoption / April 15, 2022
Crypto Biz: An eye-opening chat with Mr. Wonderful, April 7–13, 2022
The past seven days have reminded me of how lucky I am to have forged a career in the Bitcoin (BTC) and cryptocurrency industry. Cointelegraph sent a contingency of reporters to the Bitcoin conference in Miami, where we got to chop it up with billionaires, business leaders and hedge fund managers. I had the privilege of sitting down with Canadian businessman and Shark Tank star Kevin O’Leary, who actually revealed most of his crypto portfolio. I also got to interview Bloomberg’s senior commodity strategist Mike McGlone, who shed light on crypto market volatility, as well as Mark Yusko of Morgan …
Business / April 15, 2022
Bitcoin 2022 Miami: Conference recap and major themes
Bitcoin (BTC) has come a long way since an obscure and esoteric white paper written by Satoshi Nakamoto was first published 13 years ago. The Bitcoin 2022 conference, hosted by Bitcoin Magazine and sponsored by Cash App, was perhaps the largest single event for the BTC community as 30,000 attendees and exhibitors descended on Miami Beach, according to the Miami Herald. Cointelegraph sent a contingency of journalists to experience the bullishness of Bitcoin 2022, a sentiment that was physically represented by a laser-eyed bull statue reminiscent of the Charging Bull on Wall Street in New York City. Along the way, …
Adoption / April 14, 2022
Mark Yusko explains the real problem with Fed policy — and why Bitcoin matters
Inflation is front-page news again after the Labor Department revealed this week that the United States consumer price index soared to 8.5% year-over-year in March — the highest in over four decades. According to crypto industry veteran and Morgan Creek Capital founder Mark Yusko, price increases aren’t the real problem. “This isn’t inflation. This is currency devaluation,” Yusko told Cointelegraph Business Editor Sam Bourgi in an exclusive interview at the Bitcoin conference in Miami. Currency devaluation directly impacts consumers’ purchasing power, which refers to how many goods and services a unit of money can buy. Yusko was also asked about …
Bitcoin / April 13, 2022
Cash App users can now invest paychecks into Bitcoin
At the Bitcoin 2022 conference in Miami on Thursday, Cash App announced a new feature for U.S. customers which will allow them to automatically invest a portion of their direct deposit paychecks into Bitcoin (BTC). The mobile payment service run by Jack Dorsey's Block, formerly known as Square, will enable Cash App Visa Cash Card users to opt into this "Paid in Bitcoin" feature at no cost. Cash App’s Bitcoin Product Lead Miles Suter, who made the announcement Thursday, explained that any percentage from 1% to 100% of their direct deposits can be automatically converted into Bitcoin, and adjusted if …
Blockchain / April 7, 2022
Mayor unveils 'Miami Bull' statue with laser eyes to kick off Bitcoin 2022
To mark the opening of the Bitcoin 2022 conference, Miami mayor Francis Suarez unveiled a laser-eyed bull statue meant to symbolize Miami becoming the self-proclaimed “world’s capital of crypto.” The statue is a 3,000-pound robotic-looking bull fashioned in the same vein as the Charging Bull of Wall Street according to the official website. The statue was commissioned by Florida-based finance firm Tradestation. “New York is the former financial center… I give you the Miami bull!” - Mayor Suarez #Bitcoin #Bitcoin2022 pic.twitter.com/i70kr2XFSg — Bruce Fenton (@brucefenton) April 6, 2022 It was unveiled on April 6 at the Miami Beach Convention Center, …
Bitcoin / April 7, 2022
Nifty News: Solana NFTs on OpenSea in April, Ross Ulbricht's new collection... and more
Solana (SOL) NFT holders will soon have a new option for where to trade, with OpenSea teasing its integration of the Solana blockchain. A 16-second video shared by the OpenSea Twitter account opened with the phrase “wen solana???” being typed into a search box and revealed that Solana will be supported by the marketplace in April. The best kept secret in web3 pic.twitter.com/xuZn64cZ4U — OpenSea (@opensea) March 29, 2022 Rumors of OpenSea supporting Solana NFTs have circulated for months. Security researcher Jane Manchun Wong — who made Forbes 30 under 30 for her high profile tech leak scoops — shared …
Nft / March 30, 2022
Is Austin the next US crypto hub? Officials approve blockchain resolutions
Innovative cities across America are racing to become the next hot spot for cryptocurrency and blockchain adoption. Miami was the first city to adopt its own part of CityCoins last year, allowing it to implement its own cryptocurrency called “MiamiCoin” to be used for civic engagement. New York City has also made a name for itself as a crypto-friendly city by implementing educational initiatives and with Mayor Eric Adams receiving his paycheck in Bitcoin (BTC) in January this year. Austin takes a strong stance Most recently, Austin — the state capital of Texas that goes by the slogan “Keep Austin …
Adoption / March 27, 2022
Paxful partners with Miami mayor to give away 500 tickets to Bitcoin 2022 conference
Digital payment platform Paxful has partnered with nonprofit organization Built With Bitcoin Foundation and Miami Mayor Francis Suarez to advance a new education initiative centered around Bitcoin (BTC) and financial literacy. The initiative will disburse free tickets to the Bitcoin 2022 conference to local colleges and universities as part of a broader effort to enhance financial literacy among minority and underserved communities in Miami. Up to 500 students and local residents will receive a ticket to attend the conference, which is scheduled for Apr. 6-9 at the Miami Beach Convention Center. Currently, general admission tickets for the event are being …
Bitcoin / March 17, 2022
MiamiCoin has now raised $24.7 million... but who will benefit?
Recently, Cointelegraph spoke to Miami Mayor Francis Suarez following the announcement that Miami residents with a digital wallet can earn a Bitcoin dividend. The company that sets up the infrastructure to get Bitcoin dividends into the hands of citizens is CityCoins, an open-source protocol that provides fundraising mechanisms for cities. Miami and New York City are the two inaugural cities to begin fundraising, via MiamiCoin and NYCCoin r. However, neither Miami nor New York City actually own MiamiCoin (MIA) or NYCCoin, instead their treasury wallets are full of Stacks (STX). According to a presentation given at the North American Bitcoin …
Adoption / Jan. 19, 2022
Brazilian mayor to reportedly invest 1% of city reserves in Bitcoin
Eduardo Paes, mayor of Brazilian city Rio de Janeiro, wants to allocate 1% of the city’s treasury into Bitcoin (BTC), Cointelegraph Brazil reported. Paes reportedly announced plans for “Crypto Rio,” or turning the city into a cryptocurrency hub during Rio Innovation Week on Thursday, according to a report by local news agency O Globo. The mayor spoke about Rio’s cryptocurrency-related ambitions in a panel with Miami mayor and Bitcoin bull Francis Suarez, who started accepting his paychecks in BTC in November 2021. “We are going to launch Crypto Rio and invest 1% of the treasury in cryptocurrency. The government has …
Adoption / Jan. 14, 2022