Eric Adams says he will take first three payments as mayor of NYC in bitcoin

Adams made his announcement in a tweet, following a series of other mayors making the same announcement.

Published: November 4, 2021 5:45pm

Updated: November 4, 2021 9:48pm

The mayor-elect of New York City Eric Adams said Thursday he will take his first three paychecks in Bitcoin.

According to The Hill, Adams made his announcement in a tweet, following a series of other mayors making the same announcement.

"In New York, we always go big, so I'm going to take my first THREE paychecks in Bitcoin when I become mayor," Adams said.

"NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!" He concluded.

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

— Eric Adams (@ericadamsfornyc) November 4, 2021

Adams beat Republican candidate Curtis Silwa with over 75% of the vote, becoming the second black mayor of New York City.