Mayor of New York says he’d receive his paychecks in Bitcoin


TL;DR Breakdown

  • Mayor New York Adams says he’d receive three paychecks in Bitcoin.
  • Adams plan to investigate why Bitcoin has not grown in the city.

New York City Mayor-Elect, Eric Adams has said he would take his first three paychecks in Bitcoin, following the footstep of Miami counterpart Francis Suárez.

He made the announcement shortly after the mayor delivered an electoral victory speech promising to make New York “a center for Bitcoin.”

“ We always go big, so I’m going to take my first THREE paychecks in Bitcoin when I become mayor,” Eric Adams tweeted. “NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!”