Salary in Bitcoin for the New NYC Mayor Eric Adams


How interesting would it be if you were to receive your first three paychecks in Bitcoin?

Beyond all odds, this is about to become a reality for the mayor-elect Eric Adams of New York City.

The retired NYPD captain was recently elected as the second black mayor in New York’s history through a Democrat ticket in a hotly contested election. 

He is set to take office on Jan 1, and when he does, a salary in Bitcoin will be awaiting him by the end of the month.


Source: Twitter

Through a tweet on Thursday, Mayor Adams wrote, “In New York we always go big, so I’m going to take my first THREE paychecks in Bitcoin when I become mayor.”

He continued to write that,

“NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!”

This bold move by Mayor Adams sets him above his predecessors and a majority of his peers. Mayor Adams’ tweet came in response to a tweet by Cryptocurrency investor Anthony Pompliano who wrote,

“It is time. Who is going to be the first American politician to accept their salary in bitcoin?”

In response to the same tweet, Miami mayor Francis Suarez had earlier said that he plans to accept this paycheck in Bitcoin. And he also tagged Mike Sarasti, Miami’s innovation, and tech director, asking if he could help.

Mayor Suarez also went ahead to congratulate Mayor Adams for his win, writing, “Congrats on the election and I look forward to the friendly competition in making our respective cities a crypto capital!”

Eric Adams Victory Speech & Bitcoin Salary

Mayor Adams, in his victory speech, further assured his state of great things to come.

In his speech he said,

“We’re going to become the center of life science, the center of cybersecurity, the center of self-driving cars, drones, the center of bitcoins. We’re going to be the center of all the technology,”

Source: New York Times

Earlier on Wednesday, while having an interview with Bloomberg Radio, Mayor Adams did say that he wanted to wager a “friendly competition” with Suarez over his cryptocurrency project, MiamiCoin.

“He has a MiamiCoin that is doing very well—we’re going to look in the direction to carry that out.” .

Adams told Bloomberg Radio

He also added that he wants to “look at what’s preventing the growth of Bitcoin and cryptocurrency in our city.”

“We can’t have a one-sided city where certain groups and areas are doing well,” Adams said.