New York City Mayor gets paid in Bitcoin, doubles and mocks netizens: see who's laughing in the end

New York City Mayor Eric Adams not only loves BTC, but also blasts the trolls who mocked him. Now that BTC has experienced a big pump, he asks the trolls, 'Who's laughing now?'

Being laughed at for receiving salary in BTC, now it's your turn to envy.

New York City Mayor Eric Adams responded to media questions after an event on 12/3, suddenly talking about his past experience of receiving his salary in BTC. He said, 'Do you remember a bunch of haters who laughed at me for receiving my salary in BTC? Look at how much my BTC is worth now. Who's laughing now?' When Adams took office in early 2022, he fulfilled his campaign promise to pay the first three mayoral salaries in BTC. At that time, the price of BTC was about 61K, and now it has soared to a new historical high of 100K.

BTC hits a new all-time high of 100K, passionate about Crypto Assets, challenging the mayor of Miami

Adams has always supported Crypto Assets and even called for making New York a "Crypto Assets industry center." In 2021, Miami Mayor Francis Suarez announced that he would take his first salary in BTC. Adams also responded by challenging Suarez to take three salaries in BTC. However, Adams' policy implementation has encountered many difficulties. In 2022, New York passed a bill restricting encryption Mining using non-renewable energy sources, which Adams found quite dissatisfactory, believing that this hinders the development of New York's encryption industry.

Legal entanglements, mayor's image challenged

Although Adams is confident in the BTC topic, his political career is in crisis due to lawsuits. The US prosecutors filed charges against him in September this year for alleged illegal campaign fundraising through foreign funds, including wire fraud, bribery, and accepting donations from foreign individuals, etc. If all charges are proven, Adams may face decades in prison. With multiple lawsuits and a high-profile encryption policy, Adams' mayoral career is full of controversy, but he seems quite satisfied with his BTC investment and even takes the opportunity to taunt online trolls.

This article, New York Mayor Receives Salary in Bitcoin, Doubles and Taunts Critic: See Who Laughs Last, First Appeared on Chain News ABMedia.