Newly elected New York mayor says he will receive first three paychecks in Bitcoin

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The newly elected mayor of New York City said he will receive his first three paychecks as mayor in the cryptocurrency Bitcoin.

Eric Adams tweeted in response to Miami Mayor Francis Suarez telling investor and entrepreneur Anthony Pompliano that he would take his next paycheck in Bitcoin. Adams, a Democrat, went a step further by announcing he would do the same but for his first three pay periods.

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