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2021-11-05 20:30:38

New York Mayor-Elect Will Take Bitcoin For First Three Paychecks

Eric Adams, the new mayor of the city of New York, has once again publicly shown support for bitcoin. The mayor has long been in support of the cryptocurrency, saying he wanted to make New York the bitcoin capital of the country. His most recent show of support has only reiterated the mayor’s plan for the city. Mayor Adams responded to a tweet from Francis Suarez, the mayor of Miami famous for making the city a crypto hub. Apparently, New York is in a race to make the city the cryptocurrency center for innovation over the city of Miami. Related Reading | Ethereum Miner Revenue Outpaces Bitcoin In 2021 Accepting Paychecks In Bitcoin Investors and Entrepreneur Anthony Pompliano had posted on Twitter asking who the first politician would be to accept their paychecks in bitcoin. Mayor Suarez took advantage of this opportunity to show his support for cryptocurrencies by saying he was accepting his next paycheck in BTC. This is unprecedented as no U.S. politician has openly admitted they would take payments in bitcoin. I’m going to take my next paycheck 100% in bitcoin…problem solved! @Sarasti can you help? https://t.co/v4YdPZ0tYc — Mayor Francis Suarez (@FrancisSuarez) November 2, 2021 Mayor Adams responded to this with an even more impressive revelation. The mayor who had been voted into office on November 3rd revealed that he planned to take his first three paychecks in bitcoin. This move was made in a bid to one-up th...

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