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New York Mayor Adams expressed satisfaction with his cryptocurrency salary decision

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2024-12-04 11:42:09
New York City Mayor Eric Adams expressed satisfaction with his cryptocurrency salary decision as the price of bitcoin rose close to $100,000 this year, according to DLNews. "Remember when I first got paid in bitcoin and you all laughed at me, who's laughing now?" he said at a news conference on Tuesday.
When he took office in January 2022, Adams converted about $30,000 of his salary for the first three months into bitcoin and ethereum. According to the latest financial disclosure statement, its bitcoin holdings were worth between $5,000 and $54,999 by the end of 2023.
In addition to Adams, Miami Mayor Suarez and Belgian Parliament Member De Beukelaer have also chosen to receive their salaries in bitcoin.
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