US Mayors Are Joining the Bitcoin Paycheck Challenge – Who’s Next?

Source Node: 1105599

Two more US mayors are throwing their hats in the ring and agreeing to receive part of their salary in Bitcoin (BTC).

Tampa Mayor Jane Castor says she’ll follow in the footsteps of Miami Mayor Francisco Suarez and New York City Mayor-Elect Eric Adams, noting she’s “up for the challenge” of accepting a paycheck in BTC.

Castor added that she responded to the challenge late because her city was busy preparing to host the Florida Bitcoin and Blockchain Summit.

Suarez promptly supported her remarks and tried to convince Steve Adler and Lenny Curry, mayors of Austin and Jacksonville respectively, to take on the challenge.

Meanwhile, Scott Conger, the mayor of Jackson, Tennessee, said that while state law prohibits him from being paid in Bitcoin, he would “instantly convert” his next paycheck into BTC.

Suarez, however, noted that he might have a workaround that could enable Conger to receive a Bitcoin payment.

The Miami mayor tapped Mike Sarasti, the South Florida city’s director of innovation and tech, to organize his own BTC payment.

Sarasti says he already received part of his last paycheck in Bitcoin and is ready to organize it for Suarez.

Popular Bitcoin investor Anthony Pompliano kicked things off on Tuesday when he asked Twitter which American politician would be the first to accept a paycheck in Bitcoin.

Suarez was the first to respond, promising to take 100% of his next check in BTC.

Then, on Thursday, NYC’s Adams one-upped Suarez, promising on Twitter to take his first three checks in Bitcoin.

The Miami mayor applauded Adams’ move and predicted even more mayors will follow suit.

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Design Projects/Sensvector

Source: https://dailyhodl.com/2021/11/06/us-mayors-are-joining-the-bitcoin-paycheck-challenge-whos-next/

Time Stamp:

More from The Daily Hodl