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Eric Adams: New York the Bitcoin hub

Eric Adams: New York the Bitcoin hub


Eric Adams, the candidate in the New York City mayoral election, wants to make New York the epicentre of Bitcoin

In fact, a new mayor will be elected in New York City on 2 November this year. 

Adams is one of the candidates in the Democratic Party primaries for this position, among whose ranks there was also another well-known supporter of Bitcoin, Andrew Yang, who withdrew from the race a few days ago. 

Adams is a former NYPD captain, served as a New York State Senator from 2007 to 2013, and is currently the President of the Borough of Brooklyn, one of the five boroughs into which New York City is divided, as well as the most populous. 

With his recent statements, Adams could attract the very votes of those who thought they were voting for Yang, and he might even manage to win the primary. In fact, he is currently leading in the polls, ahead of Maya Wiley and Kathryn Garcia.  

The current outgoing mayor (Bill De Blasio) is a Democrat, while the two previous mayors (Bloomberg and Giuliani) were elected in the ranks of the Republican party. So even if he wins the Democratic primary, it is not certain that Adams will become the city’s new mayor. 

In light of this, it is indeed theoretically possible that Eric Adams will be the new mayor of New York City, but it is by no means a foregone conclusion. 

During a recent rally he declared: 

“I’m going to promise you in one year you’re going to see a different city. We’re going to become the center of life science, the center of cybersecurity, the center of self driving cars, drones, the center of bitcoin”.

Eric Adams, former policeman in favour of Bitcoin

It is worth noting that by being a former policeman and proposing himself as mayor to fight crime and promote economic prosperity, he sheds a new light on Bitcoin, which is often still associated with crime. 

Moreover, in the crypto sector lately, the US city most likely to attract attention, capital and businesses is certainly Miami, so a campaign proposing to snatch this leadership from Miami and bring it to the financial capital of the world could also favour Adams in Manhattan, where he currently seems to be weakest. 

It will remain to be seen though, promises aside, what he might actually be able to do for Bitcoin should he actually be elected mayor. 

 






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