PANews reported on November 6th, citing Cointelegraph, that Miami Mayor Francis Suarez, who has been receiving his salary in Bitcoin since late 2021, stated he is not worried about the recent volatility in the cryptocurrency market, as his Bitcoin salary has already increased by approximately 300%. In an interview with Fox Business on Wednesday, when asked if he was concerned about Bitcoin's price falling below $100,000 and the significant decline in most cryptocurrency markets, he responded, "When I received my first Bitcoin salary, the price was $30,000, and now it's up 300%, reaching a high of $120,000, a 400% increase. So I'm not worried about daily fluctuations. I'm more concerned about the macroeconomic impact of a trusted store of value, whose monetary creation system is implemented through code. Rather than tracking daily prices, I'm more focused on the development of decentralized finance, cryptocurrencies, and artificial intelligence."