US Inflation Skyrockets, 64% of Americans Live Paycheck to Paycheck, S&P 500 C...
Inflation continues to rear its ugly head in the lives of Americans, as 64% of U.S. residents are living paycheck to paycheck. Equities futures indicate Wednesday’s trading sessions may see stocks heal after the last two days of significant capitulation. However, the S&P 500 index is showing an ominous death cross ahead, which means the U.S. economy could face a longer-term downtrend. US Economy Feels the Wrath of Rising Inflationary Pressures, 64% of Americans Live Paycheck to Paycheck Since the start of the Russia-Ukraine war, the positivity surrounding the global economy has....
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A “boss move,” said the city’s CIO, that makes Mayor Suarez the first known U.S. politician to get 100% of a paycheck in BTC.
The mayor of New York City, Eric Adams, converted his first paycheck into bitcoin and ether before the price of the cryptocurrencies plummeted. However, the mayor said, “When you are a long-term investor, you don’t keep your eyes on your portfolio.” He added that the purpose of receiving a paycheck in bitcoin is to send a message that New York City is open to technology.
NYC Mayor Converted Paycheck Into Bitcoin and Ether Before Prices Tanked
New York City Mayor Eric Adams answered some questions in an interview with CNN Sunday about receiving his....
Coinbase is rolling out paycheck direct deposits and auto-conversions into Bitcoin.
The mayor said he would prefer to use an app like Bitwage or Strike rather than having the local government convert his fiat paycheck into crypto. Francis Suarez, who has served as the mayor of Miami since 2017, has said he’s going to take his next paycheck in Bitcoin.In a Tuesday Twitter post, Suarez said he aimed to be the first United States lawmaker at the state or federal level to accept part of his salary in Bitcoin (BTC). Public records show the Miami mayor’s salary was $97,000 annually between 2016 and 2017, meaning he would receive a monthly paycheck of more than $8,000 or 0.13....
If you want an automated way to convert a portion of your paycheck to Bitcoin, Paybits is just for you. PayBits is just exactly what I just went over, it is a service that allows you to send a portion of your paycheck that will automatically become converted to Bitcoin. Paybits offers an employee-controlled payroll-to-bitcoin service. With Paybits any employee in any company can get some of their pay in bitcoin. It is a unique offering because it doesn’t require the direct participation of either your company or payroll service provider. The Paybits model allows an individual to acquire....