New York Mayor Adams: You all laughed at me when I first got my Bitcoin salary, who is laughing now?

As the price of Bitcoin has risen close to $100,000 this year, New York City Mayor Eric Adams is pleased with his decision to receive a salary in cryptocurrency. "Remember when I first got my Bitcoin salary you all laughed at me," he said at a press conference on Tuesday. "Who's laughing now?" When he took office in January 2022, Adams converted his first three months of salary of about $30,000 into Bitcoin and Ethereum. According to the latest financial disclosure statement, as of the end of 2023, his Bitcoin holdings were worth between $5,000 and $54,999. In addition to Adams, Miami Mayor Suarez and Belgian Member of Parliament De Beukelaer have also chosen to receive their salaries in Bitcoin. (DLNews)