Eric Adams, the next mayor of New York City, wants the first three salaries to be paid in bitcoin

 

 

Mayor-elect Eric Adams of New York announced on Thursday that he will accept bitcoin for his first three paychecks, signaling his ambition to make his city the “center of the cryptocurrency industry” after he takes office in January.

“In New York, we always go big, so I’m going to take my first THREE paychecks in bitcoin when I become mayor,” Adams wrote in a Twitter post. “NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!”

The mayor elects came in reaction to Miami Mayor Francis Suarez’s announcement that he will accept his first payment in bitcoin, the world’s largest cryptocurrency, in a tweet of his own. Suarez, who was re-elected on Tuesday, has been a proponent of cryptocurrencies and has set his eyes on making Miami
a center for cryptocurrency innovation.

 

After comfortably beating Republican Curtis Sliwa, founder of the Guardian Angels citizen safety patrol, in Tuesday’s election, Adams, a Democrat, will become the city’s second Black mayor in January.