New York Mayor Eric Adams wants schools to teach about Bitcoin and Blockchain

New York Mayor Eric Adams wants schools to teach about Bitcoin and Blockchain

New York Mayor Eric Adams wants schools to teach about Bitcoin and Blockchain By Daily EditorBitcoin

Adams also had already given statements that show that he wants to turn the metropolis into a center Bitcoin ***

Until recently, the mayor of Miami, Francis Suárez, seemed the only one in the United States to grab headlines with news media related to cryptocurrencies. But now he has competition: The new mayor of New York, Eric Adams, is doing the same thing: he does not stop talking about crypto.

He had already promised to turn the Big Apple into a hub Bitcoin, but also reported that he will receive his first three salaries in cryptocurrencies. The most recent comes now, when he said that schools should add a subject focused on cryptocurrencies and technology Blockchain so that children are aware of these innovations.

In a recent interview with CNN, Adams, who was a former police officer before being elected mayor, described Bitcoin and altcoins as a “new way to pay for goods and services around the world.” As such, authorities should add new school subjects that allow younger generations to study cryptocurrencies and its underlying technology.

“We must open our schools to teach technology, to teach this new way of thinking when it comes to paying for goods and services.”

Adams regretted that New York had lost its sight in the recent past and opined that “We are destroying empires every day” instead of progressing. Still, he praised the megalopolis as the “Innovation center”, where scientists work on autonomous cars, drone development, cybersecurity, and more. Digital assets are another technological innovation that young people must embrace, he added.

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The politician too hinted that his administration could allow local businesses to accept bitcoins and other digital assets as a form of payment. However, the initiative will be thoroughly examined beforehand:

“We are going to look at it and we are going to tread carefully, we are going to do it well.”


In addition to the enthusiasm among the crypto community, his statement was met with some criticism, he highlights. Cryptopotato. For example, the American economist and professor at Harvard University, Jason Furman, called this a wrong investment decision that will not generate economic benefits for the Big Apple.

The mayor was quick to respond, saying this is a personal decision. Having lost thousands of dollars in the stock market crash in the past, Adams noted that Bitcoin it’s just as volatile as some of the other investments people make:

“He has his analysis, I have mine”, concluded.

As DiarioBitcoin has counted, Adams is not the first. Miami Mayor Francis Suárez has already promised to receive his next salary in Bitcoin instead of the dollar. Therefore, he became the first American politician to make such a move.
Sources: CNN, Cryptopotato and file

Version of DailyBitcoin

Image: Unsplash

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