New York City Mayor Adams: When I first received my Bitcoin salary, you all laughed at me, now who is laughing?

Foresight News reports that as Bitcoin prices have risen close to $100,000 this year, New York City Mayor Eric Adams expressed satisfaction with his cryptocurrency salary decision. "Remember when I first received my Bitcoin salary and you all laughed at me?" he said at a press conference on Tuesday. "Now who is laughing?" When he took office in January 2022, Adams converted about $30,000 of his salary for the first three months into Bitcoin and Ethereum. According to the latest financial disclosure statement, as of the end of 2023, his Bitcoin holdings are valued 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.