New York City Mayor Eric Adams converts his first paycheck into cryptocurrency

New York City's new mayor, Eric Adams, plans to convert his first paycheck this week into two cryptocurrencies, which he has been hyping as a potential economic engine for the city.

"New York is the center of the world, and we want it to be the center of cryptocurrency and other financial innovations," Adams said in a statement."Being on the forefront of such innovation will help us create jobs, improve our economy, and continue to be a magnet for talent from all over the globe."

State Attorney General Letitia James has investigated cryptocurrency trading platforms and warned last year that investors"should proceed with extreme caution when investing in virtual currencies."

moonforce

One things for sure, he’s awful at picking bottom. Reaches $29K and I might hop on for the ride depending on he charts.

CarbonFootprint

A major political leader buying fake money with his first paycheck. Not very inspiring!

This what CBS thinks is news If they only opened their eyes and minds!!

New York city is a mess now, along with California

Thats nice 🙄. Not sure what he’s trying to prove though. For the record I convert my paychecks into mortgage payments.

Uh wow…

L

Send the comet.

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