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01 March 2021

Miami Mayor: Tesla’s $1.5 Billion Buy is Just The Beginning for Bitcoin - Decrypt

Miami Mayor: Tesla’s $1.5 Billion Buy is Just The Beginning for Bitcoin - Decrypt


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According to Mayor Suarez, there will be more groundbreaking events to follow that could transform the cryptocurrency industry forever. .

“This is really just a metamorphosis and transition into mainstreaming, and I think there are still two or three mega events that are out there,” Mayor Suarez toldDecrypt. .

“There are estimates that that could create 40% of all the dollars that are in existence,” the Mayor said, adding, “That has the possibility of creating inflation, which again will be something that drives people into crypto.” .

But as far as Bitcoin is concerned, Mayor Suarez suggested that as more people come to own Bitcoin, any one person’s ability to move the market will decline

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