The new mayor of New York , Eric Adams, wants his first salaries to be paid with the famous cryptocurrency Bitcoin.
The elected mayor of New York , Eric Adams , announced that he would welcome his first three paychecks in bitcoins .
The former police captain was chosen this week to take over when Mayor Bill de Blasio’s term ends in January.
Adams’ announcement represents a clear statement of political support for cryptocurrencies . Through his social networks, the elected mayor signaled his intention to make New York the “center of the cryptocurrency industry.”
In New York we always go big, so I’m going to take my first THREE paychecks in Bitcoin when I become mayor. NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!
— Eric Adams (@ericadamsfornyc) November 4, 2021
Political support for bitcoin
“In New York we always go big, so I’ll take my first THREE bitcoin paychecks when I’m mayor,” Adams wrote. “NYC will be the center of the cryptocurrency industry and other fast-growing innovative industries! Waiting!”
Adams campaign spokesman Evan Thies later clarified that the mayor-elect would convert his salary into Bitcoin through an exchange. New York lacks a mechanism for issuing wages other than US dollars.
On the other hand, Miami Mayor Francis Suárez responded on Tuesday saying that he will receive his next paycheck in bitcoins.