New York City Mayor-elect Eric Adams has become the latest mayor to say that he plans to accept his paycheck in the world"s most popular cryptocurrency, Bitcoin, writes Newsweek.
In a tweet on Thursday, Adams, who recently defeated Republican nominee Curtis Sliwa in the city’s mayoral race, wrote, “In New York we always go big, so I"m going to take my first THREE paychecks in Bitcoin when I become mayor”.
Adams continued, “NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!”
Adams tweet came in response to a similar tweet from Miami Mayor Francis Suarez, who also said he plans to accept this paycheck in Bitcoin. Cryptocurrency investor Anthony Pompliano recently tweeted, “It is time. Who is going to be the first American politician to accept their salary in bitcoin?”
Shortly after his tweet, Suarez responded by writing, “I’m going to take my next paycheck 100% in bitcoin...problem solved!” Suarez also tagged Mike Sarasti, Miami’s innovation and tech director, asking if he could help.