Growing Number of US Mayors Want to Be Paid in Bitcoin – News Bitcoin News


A rising variety of mayors in cities throughout the U.S. have mentioned they need to be paid in bitcoin. The mayor of Miami mentioned he’s going to take his total wage within the cryptocurrency, two different mayors will likely be changing their paychecks into bitcoin, and the mayor-elect of New York City will take his first three paychecks in crypto.

More Mayors of US Cities Ask to Be Paid in Bitcoin

A rising variety of mayors in U.S. cities need to be paid in bitcoin. At the time of writing, at the very least three mayors and one mayor-elect have mentioned that they may take their subsequent paychecks in bitcoin.

The first mayor to say that he will likely be paid in bitcoin is the mayor of Miami, Florida, Francis Suarez, who tweeted Tuesday, “I’m going to take my next paycheck 100% in bitcoin.”

Responding to Suarez’s tweet, the mayor-elect of New York City, Eric Adams, tweeted that he’ll take his first three paychecks in bitcoin when he takes workplace as mayor of NYC.

Following Adams’ tweet, Suarez mentioned in an interview with Fox Business that he is not going to simply take his subsequent paycheck in bitcoin however will take his total wage in BTC. The mayor of Miami famous that the town’s CIO “was the first employee to actually take a percentage of his salary in bitcoin,” elaborating:

I’m going to be worker quantity two … I will likely be taking 100% of my wage in bitcoin.

“We certainly are not going to impose it on anyone,” the mayor emphasised. “It will be completely optional … We want our employees to have that option, but it certainly is not going to be something we are going to force on them, understanding that a decision like that is a personal decision they have to make if they want to make it.”

Suarez has lately been re-elected because the mayor of Miami. He has been attempting to construct his metropolis into the crypto capital of the world.

Two different mayors have mentioned that they need to be paid in bitcoin.

Mayor Scott Conger of the town of Jackson, TN, who can be attempting to construct his metropolis right into a bitcoin hub, tweeted Thursday:

While state legislation prohibits the town of Jackson, TN, from paying me in bitcoin, I’ll comply with the lead of [Miami Mayor] Francis Suarez & [NYC Mayor-elect] Eric Adams and immediately convert my subsequent paycheck to bitcoin.

Another mayor fascinated by being paid in bitcoin is the mayor of Tampa, Florida. On Friday, WTSP, a CBS-affiliated tv station, reported that Tampa is attempting to be the hub for cryptocurrency and the town’s mayor desires to show that she is all in.

During Friday’s Bitcoin and Blockchain Summit in Tampa, Mayor Jane Castor floated the concept of receiving her paychecks in bitcoin. A spokesperson for the mayor, Lauren Rozyla, then mentioned the mayor has agreed to just accept two paychecks in BTC. However, she is not sure the way it will occur precisely. “It may involve her being paid in regular dollars and then investing immediately in bitcoin,” the spokesperson famous.

Do you assume mayors of U.S. cities needs to be paid in bitcoin? Let us know within the feedback part under.

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