New York’s next mayor wants to be paid in Bitcoin
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tldr; Eric Adams, the new mayor-elect for New York City, has said he would like to take his first three pay checks in bitcoin when he becomes mayor. The former police captain said he wants to signal his intention to make New York the “centre of the cryptocurrency industry”. The value of bitcoin, the world’s largest cryptocurrency, has been highly volatile since it was created in 2009.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*