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Growing Number of US Mayors Want to Be Paid in Bitcoin

A growing number of mayors in cities throughout the U.S. have actually stated they want to be paid in bitcoin. The mayor of Miami stated he is going to take his whole income in the cryptocurrency, 2 other mayors will be transforming their incomes into bitcoin, and the mayor-elect of New York City will take his very first 3 incomes in crypto.

More Mayors of US Cities Ask to Be Paid in Bitcoin

A growing number of mayors in U.S. cities want to be paid in bitcoin. At the time of writing, a minimum of 3 mayors and one mayor-elect have actually stated that they will take their next incomes in bitcoin.

The very first mayor to state 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 income 100% in bitcoin.”

Responding to Suarez’s tweet, the mayor-elect of New York City, Eric Adams, tweeted that he will take his very first 3 incomes in bitcoin when he takes workplace as mayor of NEW YORK CITY.

Following Adams’ tweet, Suarez stated in an interview with Fox Business that he will not simply take his next income in bitcoin however will take his whole income in BTC. The mayor of Miami kept in mind that the city’s CIO “was the very first staff member to in fact take a portion of his income in bitcoin,” elaborating:

I am going to be staff member second … I will be taking 100% of my income in bitcoin.

“We definitely are not going to enforce it on anybody,” the mayor highlighted. “It will be totally optional … We want our staff members to have that choice, however it definitely is not going to be something we are going to force on them, comprehending that a choice like that is an individual choice they have to make if they want to make it.”

Suarez has actually just recently been re-elected as the mayor of Miami. He has actually been attempting to construct his city into the crypto capital of the world.

Two other mayors have actually stated that they want to be paid in bitcoin.

Mayor Scott Conger of the city of Jackson, TN, who is also attempting to construct his city into a bitcoin center, tweeted Thursday:

While state law forbids 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 immediately transform my next income to bitcoin.

Another mayor interested in being paid in bitcoin is the mayor of Tampa, Florida. On Friday, WTSP, a CBS-affiliated tv station, reported that Tampa is attempting to be the center for cryptocurrency and the city’s mayor desires to show that she is all in.

During Friday’s Bitcoin and Blockchain Summit in Tampa, Mayor Jane Castor drifted the concept of getting her incomes in bitcoin. A representative for the mayor, Lauren Rozyla, then stated the mayor has actually concurred to accept 2 incomes in BTC. However, she is uncertain how it will take place precisely. “It might include her being paid in routine dollars and after that investing right away in bitcoin,” the representative kept in mind.

Do you believe mayors of U.S. cities should be paid in bitcoin? Let us understand in the comments area below.

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