New York Mayor Adams: Satisfied with his cryptocurrency salary decision
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2024-12-04 20:03 9,537
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Golden Finance reported that New York City Mayor Eric Adams expressed satisfaction with his cryptocurrency salary decision as the price of Bitcoin rose to nearly $100,000 this year, DLNews reported. “Remember when I first got paid in Bitcoin and you all laughed at me, who’s laughing now?” he said at a press conference on Tuesday.
When he took office in January 2022, Adams converted about $30,000 of his salary in the first three months into Bitcoin and Ethereum. Its Bitcoin holdings were worth between $5,000 and $54,999 at the end of 2023, according to its latest financial disclosure statement.
In addition to Adams, Miami Mayor Suarez and Belgian Parliament member De Beukelaer have also chosen to receive their salaries in Bitcoin.