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

THELOGICALINDIAN - The ambassador of New York City Eric Adams is not beat by bitcoins animation acquainted that affairs the dip could crop a acceptable accumulation He common that he will accept his aboriginal three paychecks in bitcoin and will accomplish New York City the centermost of blockchain technology

New York Mayor Hints at Buying the Dip

The ambassador of New York City, Eric Adams, is audacious by the falling amount of bitcoin. A above New York City badge captain and Brooklyn apple president, Adams took appointment on Jan. 1 as the 110th ambassador of New York City.

He was asked on CNBC Thursday whether he has been paid in bitcoin back he said aftermost year that he will take his aboriginal three paychecks in BTC.

Commenting on the amount of bitcoin this anniversary and how it would accept afflicted his paychecks if he had been paid in the cryptocurrency, the new ambassador of New York City laughed and said:

“Yes, I’m activity to booty my aboriginal three paychecks in bitcoin,” Adams confirmed, but noted, “I haven’t accustomed my aboriginal analysis yet.”

He common his crypto plans: “I anticipate we charge to use the technology of blockchain, Bitcoin, [and] all added forms of technology. I appetite New York City to be the centermost of that technology so I’m attractive advanced to that aboriginal paycheck in bitcoin.”

At the time of writing, the amount of BTC has collapsed added than 13% aural the accomplished seven days. It is currently $41,364 based on abstracts from Bitcoin.com Markets.

A few added U.S. burghal mayors accept said that they additionally appetite to be paid in bitcoin, including Mayors Francis Suarez of Miami, FL; Scott Conger of Jackson, TN; and Jane Castor of Tampa, FL.

Miami Mayor Suarez said aftermost year that he wants to accept his absolute bacon in bitcoin. He afresh accustomed the role of the admiral of the U.S. Conference of Mayors.

“I’m activity to ask my friends, my brothers and sisters, the mayors of this country to assurance on to a mayoral crypto compact, because we charge to advance in the absence of leadership,” he said Monday. “We charge to accomplish abiding that our authoritative arrangement embodies success into the approaching instead of airless success.”

What do you anticipate about the New York City mayor’s attitude on bitcoin and his plan to get paid in BTC? Let us apperceive in the comments area below.

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