Crypto News
3 years ago

Mayor of New York Will Accept His First Three Paychecks in Bitcoin

Andrew Throuvalas Nov 4, 2021 18:45
Eric Adams is starting his new political role with a bang, promising to accept his first few payments in BTC.

Eric Adams – New York’s newly elected mayor – has just confirmed that he will accept his first three paychecks in Bitcoin. This comes shortly after the mayor delivered an electoral victory speech promising to make New York “a center for Bitcoin.”

  • Adams revealed his new plans today on Twitter in response to business podcast host Anthony Pompliano. Two days ago, the popular BTC proponent publicly asked which American politician would be the first to accept his salary in Bitcoin.
  • Upon news of his victory, Adams responded that he would be one of them.
  • He isn’t the first to make the promise, though. Miami mayor Francis Suarez – another crypto fan – responded to Pompliano a few days earlier, promising to take his next paycheck in the digital asset.
  • Adams was not to be outdone, however. He promised to take not one but three paychecks in BTC upon assuming his role as mayor.
  • The politician followed by promising that New York would be “the center of the cryptocurrency industry.”
  • There appears to be a rivalry forming between Suarez and Adams on this front. Both mayors are now attempting to become global cryptocurrency hubs ahead of their competitors. During his victory speech, Adams even declared that Miami “had its run” and that business would be brought back to the Big Apple.
Share This Article
Andrew Throuvalas

Andrew is content writer with a passion for Bitcoin. He became familiar with Bitcoin back in 2013, but began diligently studying the blockchain technology and its economic implications in 2017. Ever since, he’s believed in the network’s power to replace the current global monetary system, and provide financial freedom to billions worldwide. Contact: Medium | LinkedIn | Twitter