TL; DR failure
Adams follows the same ideas of the mayor of Miami about digital currencies.
• Bitcoin has become the main digital currency of American politicians.
Other politicians, such as Eric Adams of New York, have joined the trend since Miami Mayor Francis Suarez insisted on making money through digital currencies. Adams is also more careful about accepting digital currency payments and is sticking to a part of the future.
The new mayor of New York has reportedly demanded that his first three payments be in digital currencies. Adams adds that the big Apple will be the focal point of the American crypto business.
Eric Adams announces Bitcoin payments
New York mayoral election was held between Republican Curtis Sliva and Democrat Eric Adams, with Adams winning. In less than a week, the new mayor has become increasingly popular in response to Miami Mayor Francis Suarez about paying in digital currencies. The Democrat has said his first payment will be in cryptocurrencies, especially Bitcoin.
Although Adams’ view on possible Bitcoin payments is intriguing, he ranks second among politicians who boast of digital currencies alongside Suarez. However, the mayor of Miami has been talking for months about cryptocurrencies, creating laws in favor of developing MaimiCoin native tokens. Suarez also attended the BTC seminar, where he expressed interest in cryptocurrency miners and blockchain-based technologies.
For many crypto enthusiasts, Adams’ new comments may be a copy of Francis Suarez’s actions throughout the year. However, given that the United States has increased its acceptance of digital currencies, it can be effective. In a report, Adams suggested that the digital currencies market is looking in the right direction.
Politicians look at digital currencies
The cryptocurrency fever has reached Suarez and Adams and other American politicians who have acknowledged the power of investing in bitcoin. Since the beginning of the year, cryptocurrencies have become a priority in the United States. Politicians like Scott Kangar, who was elected mayor of Jackson, Tennessee, have shown that they can include encrypted payments on their payroll. So far, however, Conger has done nothing to support these claims.
Many people wonder why politicians like Suarez, Adams or even Conger keep bitcoins. Although this virtual market has been recognized as illegal, inaccurate or corrupt in recent years, these ideas may be overshadowed by the price of digital currencies.
American companies like Tesla bought more than $ 1 billion worth of bitcoins at the beginning of the year, and today that stock has risen to more than 100 percent and done nothing. With such significant gains, it is not surprising that American politicians and companies are looking to trade Bitcoin for $ 61199.