While Chicago, Los Angeles, San Francisco and sadly even New York seeing outflows of residents, Miami has turned into a premier destination, not just for expats of New York City taking advantage of remote work but as ground zero in the burgeoning crypto, NFT and art space in it’s own right.
Miami Mayor Francis Suarez made news when he announced he would take 100% of his pay in Bitcoin. Residents will also be able to pay fees and taxes in Bitcoin and the Mayor has been promoting MiamiCoin, a token that has already generated over $30 million for the city.