He wants NYC to become a crypto hub.
Photo by Astrid Stawiarz/Getty Images for Brooklyn Academy of Musicsaid Thursday
that his first paycheck, which arrives on Friday, will be converted from US dollars into cryptocurrency. The transaction will take place on Coinbase, the largest cryptocurrency exchange in the US, and will convert Adams’ pay into Bitcoin and Ethereum. “New York is the center of the world, and we want it to be the center of cryptocurrency and other financial innovations,” Adams said in a statement. “Being on the forefront of such innovation will help us create jobs, improve our economy, and continue to be a magnet for talent from all over the globe.”when he became mayor because “In New York we always go big,” he noted.
In New York we always go big, so I’m going to take my first THREE paychecks in Bitcoin when I become mayor. NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!
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