Mayor-elect Eric Adams of New York City has said that he would accept his first three paychecks in bitcoin. Additionally, he has vowed to establish a crypto hub in New York City. “New York City will be the epicenter of the Bitcoin business and other rapidly rising inventive sectors,” he stated.
Mayor-elect Eric Adams of New York City says he wants to make the city a crypto-friendly environment and would accept his first three paychecks in bitcoin.
In response to Miami Mayor Francis Saurez’s tweet that he would accept 100% of his next salary in bitcoin, Adams wrote: “In New York, we always go big, therefore when I become mayor, I’m going to take my first three salaries in bitcoin.” “New York City will be the epicenter of the Bitcoin sector and other rapidly emerging inventive industries,” he continued.
Many users on Twitter saw Adams’ comments as very optimistic. At the time of writing, his tweet has 14.1K likes and 2,906 retweets. Many just responded with “bullish.” “I adore New York,” Galaxy Digital CEO Mike Novogratz commented.
Balaji Srinivasan, an angel investor, tweeted: Impressive. With the mayor’s approval, we may enable any municipal employee to receive a portion of their income in BTC. Additionally, remove the Bitlicense to increase NYC’s web3 competitiveness.
Adams has also engaged in “friendly competition” with Mayor Suarez, who is aggressively attempting to transform Miami into the United States and the world’s bitcoin center. Suarez was also re-elected as Miami’s mayor.
In an interview with Bloomberg on Wednesday, the New York City mayor-elect revealed that Suarez “had a very successful Miamicoin.” “We’re going to look in that route,” he continued. Adams also said that he will “investigate what is impeding the rise of bitcoin and cryptocurrencies in our community.”
Adams made a promise to his followers in June: “Within a year, within a year, you’re going to witness a changed city…” We’re going to attract enterprises to this area. We’re going to become the epicenter of life science, cybersecurity, self-driving vehicles, drones, and bitcoins. We are going to be the technological epicenter.”
Also Read: Miami Putting The Pieces Together To Pay Employees With Bitcoin
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