Two American mayors will take salary in Bitcoin, New York says it wants to be a crypto hub

While New York City's mayor-elect has big plans for the city's crypto industry, Miami already has its own cryptocurrency.

How do you collect your paycheck? In cash? Or through your bank account? Or maybe through barter in rare cases? Never mind because at least two American mayors have announced a new way to get their salaries. New York City’s new mayor-elect Eric Adams and Miami mayor Francis Suarez said that they will take their paychecks in Bitcoin. Although it is not clear if both cities have the ability to pay salaries in cryptocurrency.

Adams, who defeated Republican Curtis Sliwa, and Suarez made the announcement while replying to a tweet posted by the Bitcoin enthusiast Anthony Pompliano. “It is time. Who is going to be the first American politician to accept their salary in bitcoin?” Pompliano asked on Twitter.