NYC mayor steps up his cryptocurrency plans.

NYC mayor steps up his cryptocurrency plans.
Eric Adams, who recently won election as mayor of New York City, has already announced that he intends to collect his first three paychecks in Bitcoin.

Following the suit, the new Mayor has further plans for cryptocurrencies. He wants the city’s schools to teach students about blockchain technology.

“When I spoke about blockchain and Bitcoins, young people on the street would stop and ask: “What is this? What is this about?” – Adams said in an interview with CNN.A person in a suit and tieDescription automatically generated with medium confidence

The Mayor-elect said cryptocurrencies are “the new way to pay around the world,” so it is necessary to prepare students for a new way of thinking about economics.

Adams wants NYC to become a hub for the cryptocurrency industry. If payments in Bitcoin become more common, New Yorkers will be able to decide how their wages will be paid.

The politician mentions his plans to encourage New York businesses to accept Bitcoin and other cryptocurrencies as a form of payment.

Adams’ statement, was met with different reactions online. One side argues that the crypto classes must be implemented. Opponents, on the other hand, argue that cryptocurrencies are “speculative rubbish” and the school should stay with the current teaching system.

In an interview with Bloomberg Radio on Wednesday, Adams said he plans to issue a New York City cryptocurrency – something similar to MiamiCoin.

It’s worth mentioning that New York won’t be the first city to implement a cryptocurrency curriculum. In March this year, Georgia authorities passed a law to implement a digital asset education program in schools.

09-11-2021, Mr.Advice TEAM

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