New York Mayor Reiterates Salary Promise with Bitcoin

Speaking to CNBC, New York Mayor Eric Adams made statements about Bitcoin.

Eric Adams is known to have said that he will receive his first three salaries in Bitcoin before becoming Mayor. When the price of bitcoin fell after he made this statement, he was asked whether he would still receive a salary with bitcoin.

On this question, President Adams:

Sometimes the best time to buy is on the dips. Because when it rises again, you make a profit. I haven’t received my salary yet, but I will receive my first three salaries in Bitcoin.

said.

Continuing his explanations, Adams:

I think we should use Bitcoin. I want New York to be a hub for this kind of technology, so I’m looking forward to my first salary in Bitcoin.

said.

It is estimated that New York, which is one of the places that set the strictest rules regarding cryptocurrencies among the states, will be more moderate in this regard with its new president.

Based on his previous statements, the Mayor is said to be considering changing the law to allow some businesses in the city to accept cryptocurrencies as a means of payment.

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