MIAMI (CBSMiami) – Miami is the Magic City, but could it soon be the Crypto City?
“Where is the crypto capital of the United States? And it’s definitely in Miami now, ”said Jeff Sekinger.
READ MORE: MSD Safety Commission member Max Schachter says parents of boy who brought gun to school must be held accountable
Sekinger is the chairman of Orca Capital, a Miami-based cryptocurrency fund.
Sekinger got involved in crypto just a few years ago and it catapulted him into starting his own business.
He is also CEO of ZeroPercent.com, a financial education company.
“The most important thing that in my opinion attracts people is overnight success,” Sekinger said.
Coming from San Diego, Sekinger knew he had to come here to Brickell not only to work but also to live.
READ MORE: 2nd arrest made at El Mula Banquet Hall Shooting
He says the area is innovative, fast-paced, young and exciting – the perfect location for those in the crypto world.
“I’m invited to places all the time by people who I don’t even know are like I know you’re in this industry, come hang out with us, talk to this event,” Sekinger said.
It wasn’t just the vibe in Miami that brought in crypto entrepreneurs like Sekinger, but also support from officials, including the mayor of Miami who announced in July that the city was launching its own cryptocurrency initiative – Miami Coin.
“This will directly help the City of Miami as a percentage of the funds generated from the Miami Coin mining activity by the rules contract will go directly to the City of Miami as we deem necessary,” said Mayor Francis Suarez. .
Miami also hosted Bitcoin 2021, the world’s largest cryptocurrency conference this summer in Wynwood.
Sekinger says crypto is the future not just in Miami, but the world.
NO MORE NEWS: The biggest humanitarian shipment on the way to Haiti
“This is becoming a real currency used by countries today to function fundamentally and be used to transfer value and data that will never change,” Sekinger said.