Eric Adams does not see bitcoin’s price decline as a problem. On the contrary, he believes this is a good buying moment.
Eric Adams – the newly-elected mayor of New York City and apparently a bitcoin bull – displayed his support for the primary cryptocurrency once again. He opined that the recent price drop could provide certain opportunities for investors and reaffirmed a previous stance indicating that he will get his first three paychecks in BTC.It is safe to say that Big Apple’s new mayor hasn’t changed his stance on BTC despite the most recent price slumps.
for CNBC, Adams seemed undeterred by these adverse developments and actually said that sometimes investors could capitalize by investing in certain assets when they experience similar drops.to receive his next three paychecks in bitcoin instead of dollars. In his most recent appearance, he reaffirmed his wish and said:It is worth noting that he is not the only US politician who wants to get paid in cryptocurrencies.
As such, he urged American schools to add a new subject allowing the younger generations to study bitcoin and its underlying technology:Subsequently, the politician hinted that his administration might enable local businesses to accept BTC and other digital assets as a form of payment. However, the initiative will be thoroughly examined beforehand, Adams explained.