New York City’s new mayor Eric Adams seems convinced bitcoin (BTC) bull. This is also apparent from his recent statements about the cryptocurrency. In an interview with Squawk Box on CNBC, he spoke about the current depressing price of bitcoin, as well as the fact that he will receive his salary in the form of bitcoin.
Eric Adams over bitcoin
Even before Adams was elected mayor of the metropolis, he promised during his election campaign that he would receive his salary as mayor in the form of bitcoin. He repeats this wish again in the conversation with CNBC.
“Sometimes the best time to buy is when things go down,” says @NYCMayor on #bitcoin. “I’m going to take my first three paychecks in #bitcoin. I haven’t received my first check yet.” pic.twitter.com/dqGkVYxOKg
— Squawk Box (@SquawkCNBC) January 6, 2022
“Yes, I am going to receive my first three salaries in bitcoin. I haven’t received my first paycheck yet, but I think we can use the technology of blockchain, bitcoin and all other forms of technology. I want New York City to be the center of this technology. So I’m looking forward to receiving that first paycheck in bitcoin.”
With his goal of making New York City a true global crypto hub, he is following in the footsteps of the mayor of miami. He is also known for his pro-crypto views and his plans to put that city on the map as a crypto city.
Buy the dip
Not only does Adams want to receive his salary in bitcoin, which is unusual given that his position as mayor of New York in the United States is highly regarded, he also makes a comment that it might be wise to stock bitcoin at the current low. price.
The CNBC interviewer asked Adams if he was still interested in being paid in bitcoin since the price of the cryptocurrency nothing to write home about at the moment.
He replied with a sentence that is suspiciously similar to the well-known ‘Buy the dip’.
“Sometimes the best time to buy is when things are going down, so that when the weather rises you’ve made a nice profit.”
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