New York Mayor-elect Eric Adams appears to be doubling down on his pro-crypto stance, asserting that schools should incorporate cryptocurrency studies into their curricula.
Speaking during a Sunday interview with CNN’s State of the Union, Adams described cryptocurrency as “a new way of paying for goods and services throughout the entire globe,” urging local schools to equip students for “the new way of thinking” brought about by blockchain technology and digital assets.
Adams also anecdotally noted surprisingly low awareness of crypto among his young constituents. “When I talked about blockchain and Bitcoins, young people on the street stopped and asked me, ‘What is that?’” said the 61-year-old.
He also indicated plans to encourage New York businesses to accept Bitcoin (BTC) and other cryptocurrencies as a form of payment, saying he would “tread carefully” and “get it right.” The mayor-elect added that New York must remain a “center of innovation, no matter what that innovation is.”
Adams’ comments have been met with mixed reactions from the crypto community on social media…read more.