Eric Adams, the front-runner for mayor of New York City, has pledged that in a year, the city will be “the hub of all technology,” including “the center of bitcoins.” He’ll be up against Mayor Francis Suarez of Miami, who got a head start in making Miami a bitcoin hotspot.
New York City Mayoral Candidate Promises to Make the City a Bitcoin Hub
The mayoral election for New York City in 2021 is under ongoing. Eric Adams, the current Brooklyn Borough President and a former police officer, is leading the charge. With 31.7 percent of the vote in the first round, he took the lead. Maya Wiley, a civil rights lawyer, came in second with 22.3 percent, followed by Kathryn Garcia, the city’s former sanitation commissioner, with 19.5 percent. Andrew Yang, a former presidential contender, came in fourth with 11.7 percent.
Last week, during his election night party speech, Adams said:
I’m going to make a vow to you. You’ll visit a different city every year for a year… We’re going to attract businesses to the area. We’re going to be the epicenter of life science, cybersecurity, self-driving cars, drones, and bitcoins. We will be the epicenter of all technological advancements.
“You had your run, Miami,” he added. We’re resurrecting our businesses.”
Francis Suarez, the mayor of Miami, is a bitcoin hodler. He’s also working to make his city a bitcoin hotspot. He’s proposed allowing the city to pay its employees in bitcoin, accept bitcoin for fees and taxes, and even look into the potential of holding bitcoin on its books.
The city recently hosted the Bitcoin 2021 conference, and blockchain.com just relocated its headquarters there, resulting in “300 new employment and $30 million in recurrent economic effect for our community,” according to Mayor Suarez.
Andrew Yang, a mayoral candidate in New York City, also wants to convert the city into a bitcoin powerhouse. “As mayor of NYC – the world’s financial capital,” he declared in February, “I could invest in making the city a hub for BTC and other cryptocurrencies.”
Last Monday, however, the 46-year-old Democrat conceded the contest. Nonetheless, as he stated, “Though we’re not sure who the next mayor will be, whoever that person is, I will be very happy to work with them to improve the lives of the 8.3 million people who live in our great city, and I encourage everyone here to do the same,” he could still assist the next mayor of NYC with bitcoin adoption.