NYC Mayor-Elect Eric Adams , Wants Bitcoin for First, Three Paychecks.<br />On November 4, New York City's next mayor, <br />Eric Adams, announced that he will take <br />his first three paychecks in Bitcoin. .<br />On November 4, New York City's next mayor, <br />Eric Adams, announced that he will take <br />his first three paychecks in Bitcoin. .<br />In New York we always go big, so I’m going <br />to take my first THREE paychecks in Bitcoin <br />when I become mayor. NYC is going to be <br />the center of the cryptocurrency industry <br />and other fast-growing, innovative industries!, Eric Adams, New York City Mayor-Elect, via Twitter.<br />NBC reports that on January 1, Adams, <br />a former police officer, will take office <br />as New York City's second Black mayor.<br />The 61-year-old Democrat defeated Republican Curtis Sliwa in the November 2 election. .<br />The 61-year-old Democrat defeated Republican Curtis Sliwa in the November 2 election. .<br />After his victory was announced, Adams <br />said he would be a practical and progressive <br />mayor for America's largest city.<br />According to NBC, many states appear to <br />be competing to attract Bitcoin miners <br />and are welcoming the booming crypto industry. .<br />NBC reports that recent data shows that <br />New York, Kentucky, Georgia and Texas <br />are all emerging as U.S. crypto hotspots.<br />Days before Adams made his announcement, Miami Mayor Francis Suarez tweeted that he too would take his first mayoral paycheck in crypto. .<br />Adams and Suarez are competing to be <br />named the first politician to take <br />their paycheck in cryptocurrency. .<br />Adams and Suarez are competing to be <br />named the first politician to take <br />their paycheck in cryptocurrency.