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Eric Adams says crypto should be taught in school

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Eric Adams is the next mayor of New York City and he believes schools should incorporate cryptocurrency technology into their curriculum.

Eric Adams stated that in an interview on CNN’s “State of the Union”, he said: bitcoinIt is the “new method of paying for goods or services around the globe”, and schools must teach both the technology and “this new way to think.”

“When I spoke about bitcoins and blockchain, many young men stopped me and asked, ‘What’s that?” CNN interviewed Adams on Sunday.

If asked if he could describe bitcoin in 30 seconds to the viewers, he replied that that would not be possible for experts.

The mayor-elect was not clear if he meant primary, secondary, or tertiary-level education.

Adams answered a question about whether or not he encouraged New York City businesses to accept cryptocurrency. Adams stated that they would “look at it” but “tread carefully.”

Adams said, “We will get it right.”

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Since winning the landslide election on Tuesday, Adams has been engaged in big crypto talk.

Adams stated last week that he will be resigning in January after he takes office. take his first three paychecks in bitcoin. The mayor-elect is also considering launching a New York-specific cryptocurrency to rival the success of MiamiCoin – a plan which has reportedlyIt has been in place.

Adams is not the only one who wants to get involved in crypto.

Letitia James, New York’s Attorney General has been quite tough so far on crypto. recently launching a crackdownWith regard to unregistered cryptocurrency businesses. James warned the entire crypto industry that it should be registered a few months earlier. “Play by the rules or we will shut you down.”

Jason Furman (an ex-top economic advisor to President Obama) has expressed concern about Adams’ crypto ambitions. in a tweetThe conflict of interest is evident, as it “not only seems to be a poor economic strategy in NYC, but also a poor investment decision.”

Furman said that Adams’ bullish crypto talk was likened to someone buying large shares in Amazon stock, and then putting into place policies to help Amazon.

Adams answered a question about Furman’s critique and said that while he appreciated Furman’s views, he used his personal funds.

I lost thousands in the stock markets during my retirement fund’s stock market crash. Adams stated that volatility is a part of certain investments we make.

Adams continued, “I want this city to be the centre of innovation regardless of what it is.”



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