NYC Mayor Eric Adams Praises Bitcoin Salary Move.
Mayor Eric Adams defended his decision to receive part of his salary in Bitcoin, calling it a forward-thinking move. Since January 2022, Adams converted three paychecks into Bitcoin and Ethereum to emphasize New York's potential as a crypto hub. Despite initial skepticism, he remains confident that embracing cryptocurrency reflects the future of finance and innovation.
With Bitcoin's recent surge, Adams highlighted the importance of positioning NYC at the forefront of blockchain technology and economic transformation.