New York mayor to take first pay-check in Bitcoin and Ether
New York mayor Eric Adams is set to convert his first pay-check into BTC and Ether
Adams has long been a proponent of Bitcoin, having promised a variety crypto-friendly policies during his campaign to become mayor of New York
Citizens of the Big Apple now eagerly wait to see how Adams will transform NY into “the centre of Bitcoin.”
Eric Adams is on the eve of converting his first pay-check as mayor of New York into Bitcoin and Ether. As mayor-elect, Adams promised during his campaign that he would transform the Big Apple into a crypto hub of the world.
“This is a clear signal from me that I am not playing. We have become too afraid as a city — we have become a culture of ‘no.’ We turn down everything,” said Adams. “This used to be a city where we led from the front.”
A former captain in the NYPD, Adams has said he wants young people to be educated on crypto. “When I talked about blockchain and Bitcoins, young people on the street stopped and asked me, ‘What is that?’”
The 61-year old has stated he wants youths to know Bitcoin means a “new way of paying for goods and services throughout the entire globe.” But to create conditions for change, Adams believes NY youths must first be educated.
“And that’s what we must do – open our schools to teach the technology and teach this new way of thinking,” he said.
While Adams is leading by example, he isn’t the only American mayor looking to uplift their communities using Bitcoin. Others have already either committed or expressed their intention to receive their salaries in BTC, including Francis Suarez of Miami, Scott Conger from Jackson, and Jane Castor from Tampa.
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