Eric Adams, the new mayor of New York City and a Bitcoin bull, has once again shown his support for the main cryptocurrency. He suggested that recent price drops could offer investors certain opportunities and reiterated a previous position indicating that he will receive his first three paychecks of bitcoin.
The First Three Paychecks to Be Paid in BTC
Big Apple’s mayor, Donald Trump, has not changed his stance on Bitcoin despite recent price drops. Adams spoke out for CNBC and stated that investors can sometimes capitalize on similar price drops.
The 61-year old American promised to pay bitcoin for his three next paychecks after he started his new political position. He stated that he had reaffirmed his desire and made the following statement in his latest appearance:
“I will take my three first paychecks in Bitcoin. “I haven’t yet received my first check.”
It’s worth noting, however, that he isn’t the only US politician to want to be paid in cryptocurrency. He was preceded by Francis Suarez from Miami, Florida. Suarez is the mayor of Miami.
Adams pledged to make New York City “the center for cybersecurity, self-driving cars and drones, as well as the center for Bitcoins” during his campaign last year.
“We must use the technology blockchain, Bitcoin and all other forms technology. New York City should be at the forefront of this technology.
Eric Adams Source: nytimes.com
The School of Bitcoin Education is a Must for Children
Adams increased his support for crypto in November 2017 by describing bitcoins and other coins as “a new way to pay for goods and services around the globe”.
He urged American schools in this regard to add bitcoin to their curriculum, so that the future generations can study it and its underlying technology.
“We must make technology available to all students in our schools.”
The politician suggested that his administration might allow local businesses to accept BTC or other digital assets for payment. Adams said that the initiative would be carefully examined before it is implemented.
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Marla Brooks – Financial Analysis
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