New York Mayor Elect Says He Will Take First Three Paychecks In Bitcoin

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  • NYC Mayor-Elect Eric Adams will take his first three paychecks in bitcoin.
  • The move comes in response to Miami Mayor’s announcement two days before, saying he would take his next paycheck fully in BTC.
  • One of Bitcoin’s most essential characteristics, game theory, has begun playing out at the U.S. politics level.

Game theory has started playing out in politics as the New York City Mayor-Elect announced he would be taking his first three paychecks fully in bitcoin, only a couple of days after his Miami counterpart shared a similar move.

“In New York we always go big, so I’m going to take my first THREE paychecks in Bitcoin when I become mayor,” Eric Adams tweeted. “NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!”

The tweet came in response to Miami Mayor Francis Suarez, who committed on November 2 to take the entirety of his next paycheck in BTC, effectively becoming the first known U.S. politician to do so. Now, Adams is trying to offset his second-place status by tripling the commitment.

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