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New York City mayor-elect says he'll take his first three paychecks in Bitcoin:
Spurred by a tweet from the mayor of Miami, New York City Mayor-elect Eric Adams told followers Thursday that he plans to take his first three mayoral paychecks in Bitcoin.
"NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries," Adams tweeted. "Just wait!
It's a high-profile embrace of digital currency at a time when regulators in the US, including in New York City, are heightening scrutiny of cryptocurrency exchanges. Last month, New York state Attorney General Letitia James asked two lending platforms to cease activities after winning a court order forcing the closure of the cryptocurrency exchange Coinseed.
NYC Mayor-elect vows to take first salary payments in Bitcoin:
“NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries,” he said on Twitter on Thursday.
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!
— Eric Adams (@ericadamsfornyc) November 4, 2021
Adams, a Democrat, has said he wanted to turn New York into a crypto-friendly city and that he wants to explore a NYC Coin similar to Miami’s. In an interview on Bloomberg Radio after being elected mayor on Nov. 2, he wagered a “friendly competition” with the mayor of Miami, who was the first to set up a so-called CityCoin cryptocurrency.
(Score: 0) by Anonymous Coward on Saturday November 06 2021, @01:16PM
AC you replied to here.
deBlasio is certainly not the sharpest knife in the drawer. I might even go so far as to say he was on a par with "Ed Koch, your mayor!"
However, Bloomberg lost *any* respect I had for him when he conspired with the city council to blatantly disregard the *multiple* overwhelming votes of New Yorkers and give himself a third term.
I (as well as a majority of NYC voters) *repeatedly* voted to limit the Mayor to two terms.
Bloomberg ignored the democratic (small 'd') will of the people to allow himself to run for a third term, then spent $109 million to get himself re-elected. Even so, he *barely* beat Bill Thompson, 50.7% to 46,3%, who he outspent 11 to 1.
Bloomberg was (and I assume, still is) an anti-democratic (again, small 'd'), egocentric little Napoleon who deserves nothing but derision and scorn.
So yes. deBlasio wasn't a very good mayor. But Bloomberg is in a scumbag class all by himself.