NYC Mayor Undeterred by Falling Bitcoin Price, Says Buying the Dip Could Yield ‘Good Profit’

The mayor of New York City, Eric Adams, is not deterred by bitcoin’s volatility, noting that buying the dip could yield “a good profit.” He reiterated that he will receive his first three paychecks in bitcoin and will make New York…

Miami Mayor Francis Suarez Plans to Take a Fraction of His 401k in Bitcoin

During the first week of November, the reelected Miami mayor Francis Suarez explained that he would receive part of his salary in bitcoin via the payment processor Strike. A month later, speaking at Real Vision’s Takeover event in Las Vegas, Suarez…

Growing Number of US Mayors Want to Be Paid in Bitcoin

A growing number of mayors in cities across the U.S. have said they want to be paid in bitcoin. The mayor of Miami said he is going to take his entire salary in the cryptocurrency, two other mayors will be converting…

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

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…

Miami Mayor: China’s Crypto Crackdown ‘Creates Incredible Opportunity for America’ in Bitcoin Mining

The mayor of Miami, Florida, sees China’s cryptocurrency crackdown as “the turning point” that “creates an incredible opportunity for America.” He said: “Their loss is our gain and America can and will lead the future by providing a clean power home…

US Lawmakers See China’s Authoritarian Crackdown on Crypto as Big Opportunity

Several U.S. lawmakers see China’s authoritarian crackdown on cryptocurrency, including bitcoin, as “a perfect opportunity for American leadership on cryptocurrency.” One senator noted that it is “a reminder of our huge structural advantage over China.” US Lawmakers Comment on China’s Cryptocurrency…