Mayor Eric Adams, who took office in 2022, announced after his election victory that he would accept his first three paychecks in Bitcoin.
New York City Mayor Eric Adams, currently facing wire fraud and conspiracy charges, appeared to mock attendees at the groundbreaking ceremony for a museum over his Bitcoin holdings.
Speaking at the American LGBTQ+ Museum on Dec. 3, Mayor Adams responded to a question about Tesla CEO Elon Musk’s potential role in the United States government, pivoting to Bitcoin (BTC) he received while in office. According to the mayor, people “should not be afraid of Bitcoin” then appeared to mock viewers and attendees.
“Remember y’all laughed at me when I first got my Bitcoin — who’s laughing now?” said Adams. “Go look at my Bitcoin now. You all mock me. ‘You’re taking your first three paychecks in Bitcoin, what’s wrong with you?’ Now you wish you would have done it.”
