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New York Mayor-Elect Says Will Take First 3 Paychecks in Bitcoin

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New York’s new mayor Eric Adams, who takes office in January, said on Thursday that he will take his first three paychecks in Bitcoin.
New York Mayor-elect Eric Adams said on Thursday he would take his first three paychecks in Bitcoin and signaled his intention to make his city the « center of the cryptocurrency industry » after he takes office in January. « In New York we always go big, so I’m going to take my first THREE paychecks in Bitcoin when I become mayor, » Adams wrote in a Twitter post. « NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait! » Bitcoin price in India as of November 5 at 10:32am IST stood at Rs.49.98 lakh. The mayor-elect’s tweet came in response to Miami Mayor Francis Suarez, who wrote in a Twitter message of his own that he would take his first paycheck in Bitcoin, the world’s largest cryptocurrency.

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