US Mayors are getting paid in crypto now!

There’s a new mayor in New York City, Eric Adams, who says New York will soon be the centre of the crypto industry. And to help get things started, he’s taking his first 3 pay checks in Bitcoin. But he is not the first, because Mayor Francis Suarez of Miami is already taking his first pay check in MiamiCoin, the newly created crypto.

Now you could ask, why only taking the first or the first 3 pay checks in crypto and why not all? Still, we should be happy of how things are transforming. Just months ago, the critics worried that crypto would be legislated away. Now we’ve got big-city mayors fighting to see who can adopt it first.

This is good news for crypto.

Sven Franssen