NYC mayor getting paid in Bitcoin suggests buying the dip

Newly sworn-in New York City Mayor Eric Adams is already using his influence to publicly speak about buying the recent Bitcoin dip. In a Thursday interview with CNBC’s Squawk Box, Adams said he had not yet received his first paycheck as the mayor of New York City, but reiterated his aim to make the city a Bitcoin (BTC) and crypto hub. When co-anchor Andrew Ross Sorkin pointed out that the price of the crypto asset has “come down” — dipping as low as $43,000 earlier today — the NYC mayor…

Crypto Conference DeFiCon 2021 to Be Hosted on December 18-19 in Brooklyn, NYC – Press release Bitcoin News

press release PRESS RELEASE. The next crypto conference lighting up the season is DeFiCon 2021, hosted on December 18-19 in Brooklyn, NYC. As a nonprofit conference, DeFiCon steers away from the typical corporate and for-profit conference model. All of DeFiCon’s net proceeds will be donated to charity. The event is also engages civic leaders and activists. Featured keynote speakers are Stani Kulechov, the Founder and CEO of AAVE, Jaz Gulati, the Co-Founder founder of Ren Labs, and Kieran Mesquita, Chief Scientist at RAILGUN. As a crypto native event, DeFiCon tickets…

NYC Mayor-Elect Wants Schools to Teach Crypto, Says Bitcoin Is New Way to Pay for Goods and Services – News Bitcoin News

New York City Mayor-elect Eric Adams plans to make NYC the center of crypto and innovation. He says we must open our schools to teach cryptocurrency and blockchain technology, noting that bitcoin is “a new way of paying for goods and services throughout the entire globe.” NYC Mayor-Elect Wants Schools to Teach Bitcoin, Crypto, Blockchain New York City Mayor-elect Eric Adams talked about making NYC the center for innovation and cryptocurrency in an interview with CNN Business Sunday. He also explained the reasoning behind his tweet saying that he will…

New York City Mayor-Elect Eric Adams Will Take First 3 Paychecks in Bitcoin, Promises to Make NYC Center of Crypto – News Bitcoin News

New York City Mayor-elect Eric Adams says that he will take his first three paychecks in bitcoin. He has also promised to make NYC the center of crypto. “NYC it’s going to be the center of the cryptocurrency industry and other fast-growing innovative industries,” he said. Eric Adams’ Bitcoin and Crypto Promises New York City Mayor-elect Eric Adams said he wants to turn NYC into a crypto-friendly city and will also take his first three paychecks in bitcoin. Replying to a tweet made by Miami Mayor Francis Saurez that he…

NFTs Take Over NYC

On our “Money Reimagined” podcast this week, Sam Ewen, head of CoinDesk Studios, used that religious term to describe how NFT enthusiasts share introductions, ideas, concepts and NFTs themselves, all of which are helping to grow the space at a rapid clip. It’s not purely altruistic because there are real tangible network effects that come from wider adoption, which boosts the value of the assets in question. But there’s also little doubt that the NFT community is truly passionate about this industry and that passion is a driver of its…

NYC and Miami mayors duke it out on Twitter over who is the bigger crypto advocate

Newly elected New York City Mayor Eric Adams has reiterated his pledge to make the city a crypto hub by accepting his first three paychecks entirely in Bitcoin. In a Nov. 4 response on Twitter to Francis Suarez — re-elected for another term as of Tuesday — Adams said he would be matching the Miami mayor’s pledge to accept his next paycheck in Bitcoin (BTC) in addition to the following two payments. Assuming Adams accepts a base salary of $258,750, his monthly paychecks would be roughly $21,562 each, a total…

NYC Mayor-Elect Eric Adams to Take First 3 Paychecks in Bitcoin

Adams, currently the Brooklyn borough president and a retired New York City Police Department captain, was pro-crypto throughout his campaign that culminated with a victory at the polls earlier this week. The support is notable because New York City, despite being a major financial center, has some of the nation’s toughest cryptocurrency rules that require licenses for most types of crypto transactions. Original

Eric Adams wins NYC mayoral race

Democrat Eric Adams, who said he planned to make New York City “the center of Bitcoins” if elected mayor, has won his race against Republican Curtis Sliwa. Following the Nov. 2 Election Day results, Adams will be replacing Bill de Blasio as the mayor of New York City, defeating Sliwa and other candidates with 72.8% of the vote. He is expected to take office on Jan. 1. It’s official — our five-borough, knock-every-door, reach-every-voter campaign was successful: We have won the race for Mayor of New York City! This is…

Andrew Yang says he’ll transform NYC into a Bitcoin hub if elected mayor

Andrew Yang, the Democratic Party front-runner in the race to be New York’s next mayor said he would transform New York City into “a hub for BTC and other cryptocurrencies” noting the city to be “the world’s financial capital.” The former presidential candidate made the comment in a tweet earlier today which drew a flurry of mixed reactions, with some proclaiming it to be a campaign-selling maneuver and others equating it to political suicide. The most unifying reaction, however, was the demand that Yang use his powers, if elected, to…