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New York mayor-elect Eric Adams to take first 3 paychecks in bitcoin

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Eric Adams, New York City Democratic Mayor-elect gestures at supporters at his 2021 Election Victory Night Party at Brooklyn Marriott on November 2, 2021 in New York City.

Angela Weiss | AFP | Getty Images

Eric Adams, the New York City Mayor-elect, plans to receive his three first paychecks. bitcoinThe politician is making the latest effort to put Miami on par as one of the top places for crypto lovers in America.

Adams stated that “NYC” will become the heart of cryptocurrency. said in a tweetOn Thursday.

He also wrote in the same blog post that New York is “always big”, so he was going to be receiving his “first three paychecks in bitcoin.” Adams may have been trying to outdo Miami Mayor Francis Suarez by claiming that his next paycheck would come in “100%” in bitcoin.

The New York Mayor has been waging war with Suarez since he was elected to office.

Progressive crypto policies by Mayor Suarez are already attracting top talent.

Start-ups, venture firms, and crypto exchanges have been relocating to the city – or at least opening additional offices. Suarez also announced in February that Miami plans to accept tax payments in bitcoin and let employees draw their salary in the cryptocurrency.

Bitcoin 2021 is being billed by many as the largest bitcoin event ever. attracted legions of faithful fansThe city was chosen to host the conference earlier in the year. There have been many other cryptocurrency-related conferences that chose Miami simply because it has provided the best possible environment for the industry.

Adams seems keen to redirect some of the crypto limelight.

In an interview on Wednesday with Bloomberg Radio, the New York Mayor-elect stated that he would like to wage a friendly competition with Suarez.

“He has a MiamiCoin that is doing very well – we’re going to look in the direction to carry that out,” Adams told Bloomberg Radio

Adams said that he was going to investigate what’s preventing New York from adopting cryptocurrency and bitcoin.

New York was weighing legislationIt will ban bitcoin mining in the United States for three years, so that it can conduct an environmental evaluation to determine its greenhouse gas emission. Since then, lawmakers have largely ignored it. Miami actively tries to recruit South Florida bitcoin miners in an effort to tap into the region’s nuclear energy.

Adams’ campaign focused on making the city more business-friendly.

Adams, “Let’s go back to the beginning.” said in an interview with CNBCThis Wednesday

“We are the Empire state. We should engage with people who are ruled by empires. continued Adams.



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