NYC Mayor Will Keep His Promise And Convert First Paycheck To Bitcoin And Eth...
New York’s latest mayor Eric Adams has reiterated his promise to take his first paycheck in bitcoin. Adams had made the promise during his election as part of his mission to make New York City the crypto hub of the nation. The mayor had said that he would take his first three paychecks in bitcoin […]
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The mayor of New York City, Eric Adams, has received his first paycheck in bitcoin and ether via Coinbase. “Promise made, promise kept,” the mayor said, referring to his promise to take his first three paychecks in cryptocurrency.
Mayor of New York City Takes Paycheck in Cryptocurrency With the Help of Coinbase
New York City Mayor Eric Adams has made good on his promise about getting paid in bitcoin. In a video he posted on Twitter Thursday, the mayor said:
Promise made, promise kept. Took my first check in bitcoin and ethereum.
“This is a....
Per a New York Post report, recently elected NY Mayor Eric Adams has revealed his positions against Bitcoin and crypto mining. The politician run on a campaign that vouched to make the U.S. city a “center of cryptocurrency trading”. Related Reading | NYC Mayor Will Keep His Promise And Convert First Paycheck To Bitcoin And […]
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....
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....