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Eric Adams, New York City Mayor Plans To Explore Ways to allow paychecks in bitcoin

Bloomberg reports that New York City Mayor, Eric Adams wants to explore ways of allowing New Yorkers to receive paychecks in Bitcoin. Also, in other cryptocurrencies. Furthermore, this in formation comes as he seeks to make the city a hub for innovation.

More so, Eric Adams Speaks to reporters in Puerto Rico while attending the Somos Puerto Rico Conference. Which is, an annual convention that attracts Albany lawmakers.

So, Eric expresses his pledge last week stating he will receive his first three paychecks in Bitcoin.

Additionally, Eric Adams vow comes after Miami Mayor Francis Suarez states he would take his next paycheck in Bitcoin.

Of course, this gentle rivalry between these mayors provides a means for both to voice their crypto ambitions. Then, while at it, challenges and motivates other city leaders.

More so, Eric explains.
“This is a clear signal from me that I am not playing. We have become too afraid as a city…”
“we have become a culture of ‘no.’ We turn down everything,”

Then, Eric Adams continues.

“This used to be a city where we led from the front.”


Lastly, Eric notes he will have to convert his dollar paycheck into Bitcoins. Then, states there’s no real way for him to receive payment in the cryptocurrency.

Meanwhile, Eric Adams reveals plans to check mechanisms that will allow for direct Bitcoin payments.
“so New Yorkers have a choice of how they want to receive their paychecks.”

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