New York mayor wants crypto in schools

Team Luno
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  • New York mayor-elect Eric Adams has said he wants young people to be educated on crypto.
  • “When I talked about blockchain and Bitcoins, young people on the street stopped and asked me, ‘What is that?’”
  • Adams, a former captain in the NYPD said he wants youths to know Bitcoin means 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,” said Adams.
  • Asked if crypto could make its way into the education system as a method of payment for tuition, Adams said they’re considering it, but treading carefully as they “want to get it right.”
  • Similarly to Miami mayor Francis Suarez, Adams has also said he wants to take his initial salary in Bitcoin.
  • "In New York we always go big, so I'm going to take my first three paychecks in Bitcoin when I become mayor," Mr Adams wrote in a Twitter post.
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Team Luno

On our way to the moon, we write about all things crypto. And don’t forget we’re humans too. Our blog conveys the views of Luno and the many unique opinions and characters within our team. We’ll never provide you with financial advice, and we urge you to conduct your own research before purchasing or trading any cryptocurrencies. It’s a brave new world out there, and the market can be volatile at times, so never trade with funds you can’t afford to lose. Want to let us know how much you love our blog? Tweet us @LunoGlobal.

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