New York City Mayor-Elect Eric Adams Wants To Be Paid In Bitcoin

New York City Mayor-Elect Eric Adams Wants To Be Paid In Bitcoin

New York City’s Mayor-Elect Eric Adams wants to be paid in bitcoin once he takes office, at least for his first three paychecks, he announced Thursday.

It was largely a public relations move to show faith in the volatile currency.

Adams, a former police captain who will become the city’s second black mayor, tweeted that he hopes his dedication to the cryptocurrency would highlight his aim to make New York the “center of the cryptocurrency industry”: