New York leading mayoralty candidate wants to turn city into ‘center of bitcoins’

Eric Adams, the New York City mayoral candidate currently in the lead, has promised to make his city the center of all technology and in the process, become the “center of bitcoins.”

With his promise, Adams is now set to compete with Miami Mayor Francis Suarez who already has a headstart in turning his own city into a bitcoin hub.

In his election night party speech last week, the Brooklyn Borough President said in one year, people will see a different city (New York).

“We’re going to bring business here. We’re going to become the center of life science, the center of cyber security, the center of self-driving cars, drones, the center of bitcoins. We are going to be the center of all technology,” said the aspiring New York mayor.

Competing with Miami

During the same speech, Adams declared competition with the city of Miami. He said, “Miami, you had your run. We’re bringing our business back.”

As for his would-be rival as far as bitcoin is concerned, Mayor Francis Suarez is a bitcoin HODLer and has been working so hard to turn his city into a bitcoin hub.

His efforts include putting forward a proposal to allow Miami to play its employees in bitcoin as well as accept the cryptocurrency for fees and taxes. Moreover, the city official also said they are exploring the idea of holding BTC on their balance sheet.

Miami served as host to the largest conference concerning the crypto, dubbed as “The Bitcoin 2021 Conference.”

Adams not alone

As it would appear, Adams is not the only one who is aiming to make New York a bitcoin-open and focused city.

Andrew Yang, another mayoral candidate, said he wants to turn New York into a bitcoin hub. In fact, last February, he said, “As mayor of NYC – the world’s financial capital – I could invest in making the city a hub for bitcoin and other cryptocurrencies.”


Image courtesy of Cointelegraph News/YouTube

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