Mayor Eric Adams, an outspoken advocate of technology, recently promoted Bitcoin and cryptocurrency at Puerto Rico’s blockchain event. According to NY1, Adams took his first three mayoral paychecks in Bitcoin and Ethereum, a move he defends despite initial skepticism.
Speaking at the island’s annual blockchain week, Adams highlighted the need for New York City to lead in innovation. The trip, funded by taxpayers, coincides with his reelection fundraising, including a $1,000-per-ticket event hosted by crypto billionaire Brock Pierce.
Tech industry leaders, like Tech:NYC’s Julie Samuels, believe Adams’ pro-tech stance attracts innovators and boosts the city’s future. Adams’ continued embrace of emerging technologies signals New York’s ambition to remain a hub for tech development.
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