Digital payment platform Paxful has partnered with the nonprofit Built With Bitcoin Foundation and Miami Mayor Francis Suarez to promote a new education initiative focused on Bitcoin (BTC) and financial literacy.
The initiative will distribute free tickets to the 2022 Bitcoin Conference to local colleges and universities as part of a broader effort to increase financial literacy among minorities and low-income communities in Miami. Up to 500 students and local residents will receive tickets to the conference, which will be held April 6-9 at the Miami Beach Convention Center.
General admission tickets for the event are currently on sale for $899.
Recipients will have access to the full program of the conference, which was announced on March 15th. Notable speakers at this year’s event include El Salvador President Neb Bukele, MicroStrategy CEO Michael Saylor, US Senator Cynthia Loomis, businessman Peter Thiel, and Ark Invest’s Cathy Wood. Dozens of other Bitcoin influencers, entrepreneurs, and investors will headline the three-day event.
The ticket giveaway was launched by Venture Miami, a portfolio team created by Mayor Suarez to promote innovation, job creation and diversity in high-growth sectors such as information technology.
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After learning about Bitcoin from crypto influencers like Tyler Winklevoss and Anthony Pompliano, Mayor Suarez has made Bitcoin adoption a top priority for his second term. Suarez, who already receives part of his salary in BTC, announced in December that he also plans to receive part of his 401(k) payments in the main cryptocurrency.
Suarez also created a program where Miami residents can earn Bitcoin income. The program is facilitated by the MiamiCoin cryptocurrency, which helps fund municipal projects through revenue generation. As of January 2022, MiamiCoin has generated over $21 million in additional revenue for the city.