According to Deep Tide TechFlow, on December 4, DLNews reported that as the price of Bitcoin has risen close to $100,000 this year, New York City Mayor Eric Adams expressed satisfaction with his cryptocurrency salary decision. 'I remember when I first received my Bitcoin salary, you all laughed at me,' he said at a press conference on Tuesday. 'Now, who is laughing?'
When Adams took office in January 2022, he converted approximately $30,000 of his salary for the first three months into Bitcoin and Ethereum. According to the latest financial disclosure statement, by the end of 2023, the value of his Bitcoin holdings ranged between $5,000 and $54,999. Besides Adams, Miami Mayor Suarez and Belgian MP De Beukelaer have also chosen to receive their salaries in Bitcoin.
