Mayoral candidate of New York City Eric Adams recently vowed to take his first three paychecks in Bitcoin, following his declaration to make NYC the crypto hub in the US.
NYC is going to be the center of the cryptocurrency industry.
He wrote in the same post that New York “always go big” so he will be fully compensated in Bitcoin for the first three paychecks.
It would appear that Adams is waging a friendly competition with Miami Mayor Francis Suarez, who is also known to be pro-crypto, to see who can transform their respective cities into crypto destinations of the country.
Previously, Adams said that the city must start bringing in more talents in the crypto field, something that Miami has been rather successful as start-ups, venture firms, and crypto exchanges started relocating or opening new offices in the city.
Much like Adams, Suarez announced on Tuesday that he would be taking his next paycheck in Bitcoin. According to the Miami Herald, he earns a salary of $187,500. The Miami mayor seemed ready to use fintech Strike’s fiat-to-crypto conversion service as his innovation deputy Mike Sarasti tweeted that he has sent a Strike sign-up link to the mayor.