Source: AdobeStock / Stands
Another U.S. politician who decides to accept part of his salary in crypto shows how Bitcoin (BTC) is increasingly becoming a policy tool for decision-makers looking to appeal to tech-savvy and more crypto-friendly voters.
The election of Eric Adams as the new mayor of New York City has added another crypto enthusiast to the growing club of crypto-friendly U.S. mayors who have agreed to take their next paycheck in BTC, alongside the mayors of Miami and Jackson, Tennessee .
Miami’s notoriously crypto-friendly Mayor Francis Suarez, who was re-elected as a Republican Party candidate earlier this week, announced shortly after his victory that he would accept his next “100% Bitcoin” paycheck.
This has sparked a reaction from Adams, a Democrat who vowed during the campaign to turn the Big Apple into “the center of bitcoins.”
“We always make it big in New York, so I’ll take my first THREE paychecks in Bitcoin when I become mayor. NYC will be the hub of the cryptocurrency industry and other fast growing, innovative industries! Just wait! “Adams tweeted.
Taking into account the base annual salary of $ 258,541 reported by his predecessor, Adams would have left cryptocurrency worth about $ 64,635, or a little more than BTC 1 at pixel time (UTC 09:00).
The statement from the mayor-elect was greeted by Suarez, who congratulated Adams on his election and said he was looking forward to the friendly competition to make our respective cities a crypto capital!
As the stakes got higher, joining the competition for America’s most crypto-friendly Mayor of Jackson, Tennessee, Scott Conger, who has served as the city’s mayor since 2019, according to state law, he would make sure he bought some crypto with his next salary and convert my next paycheck to bitcoin right away.
Additionally, Jayson Stewart, the Mayor of Cool Valley, Missouri, has pledged to provide $ 1,000 worth of Bitcoin to every household in his city of around 1,100 residents.
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Learn more:
– Eric Adams wins and can now keep his promise to make NYC the “Bitcoin Center”
– Pro-Crypto Congressman Blasts SEC’s Gensler Over Regulatory Plans
– Pro-crypto laws help politicians reach out to millennials and zoomers
– How and why crypto suffers from unfair treatment by regulators, politicians and the media
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