{"id":52375,"date":"2021-11-05T11:30:14","date_gmt":"2021-11-05T09:30:14","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52375"},"modified":"2025-09-03T09:55:02","modified_gmt":"2025-09-03T06:55:02","slug":"new-yorks-incoming-mayor-will-take-three-paychecks-in-bitcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/new-yorks-incoming-mayor-will-take-three-paychecks-in-bitcoin\/","title":{"rendered":"New York&#8217;s incoming mayor will take three paychecks in Bitcoin"},"content":{"rendered":"<p>Newly elected New York Mayor Eric Adams intends to take his first three paychecks in Bitcoin after taking office in January 2022. He said this in a comment to a tweet by Miami Mayor Francis Suarez.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">In New York we always go big, so I\u2019m 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!<\/p>\n<p>\u2014 Eric Adams (@ericadamsfornyc) <a href=\"https:\/\/twitter.com\/ericadamsfornyc\/status\/1456311827550384129?ref_src=twsrc%5Etfw\">November 4, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>Earlier, Suarez announced plans <a href=\"https:\/\/forklog.com\/en\/news\/miami-mayor-outlines-plans-to-take-salary-entirely-in-bitcoin\">to receive the next salary in Bitcoin<\/a>, and Adams decided to support this initiative.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cIn New York we go big, so I will receive my first three paychecks in Bitcoin when I become mayor. New York will become the center of the cryptocurrency industry and other fast-growing, innovative fields,\u201d he wrote.<\/p>\n<\/blockquote>\n<p>In a Bloomberg <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-11-03\/mayor-elect-eric-adams-to-explore-nyc-coin-similar-to-miami-s?sref=AACmJ2tc\">\u0437\u0430\u044f\u0432\u0438\u043b<\/a> that he would consider \u201cbarriers to Bitcoin growth\u201d in New York and explore the prospect of creating his own city digital currency modeled on MiamiCoin.<\/p>\n<p>Earlier, many cryptocurrency companies had to leave New York due to the BitLicense license, whose requirements are considered among the strictest in the industry at the state level. <\/p>\n<p>During his campaign, Adams said he planned to make New York more <a href=\"https:\/\/forklog.com\/en\/news\/new-york-mayoral-candidate-pledges-to-turn-city-into-a-bitcoin-industry-hub\">friendly to technology and cryptocurrencies<\/a>, and urged competition with Miami&#8217;s growing business ambitions.<\/p>\n<p>In turn, Miami Mayor Francis Suarez announced plans <a href=\"https:\/\/forklog.com\/en\/news\/miami-authorities-weigh-allocating-1-of-city-budget-to-bitcoin\">to invest 1% of municipal budget reserves in Bitcoin<\/a>, to allow city workers to receive <a href=\"https:\/\/forklog.com\/en\/news\/miami-mayor-aims-to-allow-salaries-to-be-paid-in-bitcoin\">pay in digital gold<\/a> and to attract Chinese miners <a href=\"https:\/\/forklog.com\/en\/news\/miami-mayor-seeks-to-lure-chinese-miners-with-cheap-power\">cheap energy<\/a>.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Newly elected New York Mayor Eric Adams plans to receive his first three paychecks in Bitcoin after taking office in January 2022.<\/p>\n","protected":false},"author":1,"featured_media":52376,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1645,26],"class_list":["post-52375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-salaries","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/52375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=52375"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/52375\/revisions"}],"predecessor-version":[{"id":52377,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/52375\/revisions\/52377"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/52376"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=52375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=52375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=52375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}