NYC Mayor-elect Eric Adams wants to teach crypto in schools
New York City Mayor-Elect, Eric Adams, said that schools should begin teaching students how blockchain technology and cryptocurrency works during an interview on CNN.
Learn how smart money is playing the crypto game. Subscribe to our premium newsletter - Crypto Investor.
“When I talked about blockchain and Bitcoins, young people on street stopped and asked me, ‘What is that?’” said Adam's during CNN's State of the Union on Sunday. He was then asked if he could explain Bitcoin and said that it is something that even experts struggle with.
He said that Bitcoin is a "new way of paying for goods and services throughout the entire globe, and that’s what we must do - open our schools to teach the technology and teach this new way of thinking.”
Recommended for You
Adams was also asked if he would consider having the city's businesses start to accept Bitcoin. He said that it was something his administration would look into.
"We are going to look at it, and we are going to tread carefully. We are going to get it right," said Adams.
Adam's has repeatedly expressed support for Bitcoin and cryptocurrency in general. After being elected mayor, Adams announced that he would be taking his first three paychecks in Bitcoin.
This announcement followed and one-upped the Mayor of Miami, Francis Suarez, who said he would be taking his first paycheck as Bitcoin.
The trend of city mayors taking their salaries in Bitcoin was started by known Bitcoin advocate, Anthony Pompliano, who asked which American politicians would start accepting Bitcoin as their salary first.