Mayor Francis Suarez discussed Miami becoming the hub for cryptocurrency companies on ‘Varney & Co.,’ suggesting all cities need to position themselves to ‘embrace the technological economy.’
MAYOR FRANCIS SUAREZ: We realize that, first of all, technology is not going anywhere; you can like technology, you can dislike technology, you can debate about some of the benefits and the detriments of it — but it’s going to become an ever-increasing part of our world.
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And one of the ways that we thought we can do it and sort of turn the cruise ship of the reputation of our city from being a fun and sun place, a retirement community, to being a place where you can do serious work and where you can grow companies was to get involved in crypto and Fintech. And so that’s why I did it. And we’re starting to see the fruit of it.
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