A growing number of American mayors want to receive their salaries in bitcoin. According to the mayor of Miami, he will accept his entire salary in cryptocurrency. Two other mayors will convert their paychecks into bitcoin. The mayor-elect for New York City will receive his first three paychecks as crypto.
More Mayors of US Cities Ask to Be Paid in Bitcoin
A growing number of U.S. mayors want to receive their next paychecks in bitcoin. At the time this article was written, at least three mayors have indicated that they would accept bitcoin as their next paychecks.
The first mayor to say that he will 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 will take his first three paychecks in bitcoin when he takes office as mayor of NYC.
Following Adams’ tweet, Suarez said in an interview with Fox Business that he will not just take his next paycheck in bitcoin but will take his entire salary in BTC. According to the mayor of Miami, the CIO of the city was the first person to take a percentage in bitcoin.
I am going to be employee number two … I will be taking 100% of my salary in bitcoin.
” We are not going to force it on anyone,” stressed the mayor. It will be entirely optional. We want our employees have that option. But it is not something we are going force on them. Understanding that this is an individual decision that they must make .”
, it is not something that we can force.
Suarez was recently re-elected mayor of Miami. He has been trying to build his city into the crypto capital of the world.
Two mayors have stated that they would like to be paid in Bitcoin.
Mayor Scott Conger of the city of Jackson, TN, who is also trying to build his city into a bitcoin hub, tweeted Thursday:
While state law prohibits the city of Jackson, TN, from paying me in bitcoin, I’ll follow the lead of [Miami Mayor] Francis Suarez & [NYC Mayor-elect] Eric Adams and instantly convert my next paycheck to bitcoin.
The mayor of Tampa, Florida is another mayor who would like to be paid in bitcoin. WTSP, a CBS affiliate television station, reported Friday that Tampa is seeking to become a hub for cryptocurrency. The mayor of Tampa wants to prove she is.
Mayor Jane Castor suggested that she receive her paychecks in bitcoin during Friday’s Bitcoin and Blockchain Summit. A spokesperson for the mayor, Lauren Rozyla, then said the mayor has agreed to accept two paychecks in BTC. She is not sure how exactly it will work. The spokesperson said that it could involve her receiving regular money and then investing in bitcoin immediately.
Do you think mayors of U.S. cities should be paid in bitcoin? Comment below.
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