FOLLOW US

And More November 8, 2021 2 mins read

Mayor-Elect Eric Adams says Bitcoin Technology Should be Taught in Schools

And More ı By Rochdi Rais

0 Comments

New York Mayor Eric Adams

Mayor-elect Eric Adams said cryptocurrencies and blockchain-related technologies should be taught in schools. This isn’t the first time that Adams embraces cryptocurrency and blockchain technology.

“When I talked about blockchain and bitcoins, young people on street stopped and asked me, ‘What is that?’” Adams said on CNN Sunday.

When asked to explain Bitcoin, Adams laughed and said that’s up to experts to do.

Bitcoin, Adams explained, 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.”

Nonetheless, Adams didn’t provide any information on how Bitcoin technology should be taught and at what level. Meanwhile, when he asked if the Democrats will encourage Bitcoin adoption or altcoins, he said, “We are going to look at it, and we are going to tread carefully. We are going to get it right.”

Adams has been direct about embracing cryptocurrency and positioning New York City as a capital of the rising sector.

Adams wants to get paid in Bitcoin

Last week, he announced that he will get his 1st three paychecks – as a mayor – in Bitcoin.

Still, some have questioned how committed is Adams to cryptocurrencies.

For instance, Jason Furman, a Harvard professor and a former member of the Council of Economic Advisors under the Obama Administration, criticized Adams’ plan, calling it a “bad economic strategy for NYC.”

“It also seems like a conflict of interest,” Furman tweeted. “Like a mayor announcing, ‘I’m buying a lot of Amazon stock and then going to put in places policies to benefit Amazon.”

Responding to that accusation on CNN Sunday, Adams said he respects Furman’s opinion and that he is supporting Bitcoin using his personal finance.

“He has his analysis, Adams said of Furman’s tweet. “I have my analysis that I want to make sure that this city becomes the center of innovation no matter what that innovation is.”

 

Previous Article

Ether Hits an All-Time High—Cryptocurrency Market Cap Reaches $3 Trillion

Read More
2773 Posts

Rochdi Rais

Rochdi Rais is the Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.

Discussion

No comments yet. Be the first to join the discussion!

Don’t Miss It
America October 23, 2026 Lawyers Could Collect $1.27 Billion in Meta Privacy Case By – Michallie K Harrison
America October 23, 2026 Plutonium Pit Production Faces Safety and Cost Questions By – Michallie K Harrison
America October 23, 2026
Judge Orders Trump to Sit for…

MIAMI — President Donald Trump must sit for a sworn…

By – Derek Johnson
America October 22, 2026
Pope Leo XIV Needs No Further…

VATICAN CITY — Pope Leo XIV will not require additional…

By – Jackie Allen
America October 22, 2026
Six Women Testify in Russell Brand…

LONDON — Six women have testified in the Russell Brand…

By – Michallie K Harrison
America October 22, 2026
Websites Go Dark as AI Uncovers…

The PHP security crisis has pushed government websites offline and…

By – Michallie K Harrison
America October 21, 2026
El Nino Could Reach Historic Strength,…

GENEVA — El Nino, a powerful climate pattern that warms…

By – Jackie Allen
America October 21, 2026
News Overload Can Fuel Anxiety and…

News keeps people informed about wars, political conflict, public safety…

By – Jackie Allen
America October 21, 2026
Atlanta Rapper Indicted in Alleged $4.6…

ATLANTA — Shawtey Dred, the social media persona of Atlanta…

By – Jackie Allen
America October 21, 2026
Intuitive Surgical $450M Settlement Targets Da…

Intuitive Surgical has agreed to pay $450 million to resolve…

By – Tyler Brooks
America October 21, 2026
Getty Images Files Chapter 11 With…

Getty Images Holdings Inc., the visual content giant behind millions…

By – Tyler Brooks
America October 21, 2026
Meta Stock in Focus as Earnings,…

Meta delivered a powerful revenue performance in its third-quarter earnings…

By – Tyler Brooks
America October 21, 2026
Pantheon $6B Secondaries Fund Marks Firm’s…

Private markets investor Pantheon has secured $6 billion in capital…

By – Rachel Moore
America October 21, 2026
Spartanburg Woman $8K Insurance Fraud Case…

A South Carolina woman is behind bars after investigators accused…

By – Rachel Moore
America October 21, 2026
Musk and Trump Have a Starlink…

Opinion | Starlink restrictions in Ukraine have exposed a problem Elon Musk…

By – Michallie K Harrison
America October 21, 2026
Texas Trans Texts Spark Election Propaganda…

News Analysis | Texas voters began casting early ballots Monday,…

By – Michallie K Harrison
America October 20, 2026
California Ballots: DOJ Cites Charges Against…

WASHINGTON — The Justice Department is citing charges against 28…

By – Michallie K Harrison
America October 20, 2026
Richard Riehle Dies at 78, Leaving…

Richard Riehle, the character actor whose memorable roles included “Office…

By – Michallie K Harrison
America October 20, 2026
Extreme Heat Is Spreading and Lasting…

An extreme heat event lasting 367 days touched nearly 85%…

By – Michallie K Harrison
America October 19, 2026
Information Ecosystem: Five Tools to Detect…

The information ecosystem is increasingly vulnerable to misinformation. There are…

By – Jackie Allen
America October 21, 2026
TDI Launches Insurance Fraud Task Force…

The Texas Department of Insurance has launched a coordinated push…

By – Rachel Moore
America October 21, 2026
Children’s Mercy Insurance Coverage Changes: Kansas…

Children’s Mercy Hospital in Kansas City will no longer participate…

By – Rachel Moore
America October 21, 2026
BioWare Closing: EA Shuts Down Legendary…

Electronic Arts is reshaping its videogame empire in a sweeping…

By – Rachel Moore
America October 20, 2026
Auto-Owners Insurers Verdict: Jury Awards Warehouse…

A North Carolina federal jury has awarded nearly $2 million…

By – Tyler Brooks
America October 20, 2026
NJ $10M Car Insurance Fine: Geico…

New Jersey insurance regulators have accused Geico of overcharging motorists…

By – Tyler Brooks
America October 20, 2026
Ara Partners $2.5B Energy Fund Reaches…

Ara Partners has secured $2.5 billion in capital commitments for…

By – Tyler Brooks
America October 16, 2026
HealthSplash VP 18 Months Sentencing Rewards…

Cooperation can shave years off a prison term, but it…

By – Tyler Brooks
America October 16, 2026
Daylight Saving Time Returns Nov. 1…

Americans will turn their clocks back one hour on Nov.…

By – Jackie Allen
America October 16, 2026
California Identifies New York Life, Aetna,…

Key Takeaways   California’s Department of Insurance maintains an official…

By – Samuel Lopez
America October 16, 2026
Three Children, Teacher Killed in Oregon…

BEND, Ore. — An Oregon school shooting killed three children…

By – Michallie K Harrison
America October 15, 2026
Trump Scraps Hegseth’s Execution Livestream After…

WASHINGTON — President Donald Trump canceled the planned execution livestream…

By – Michallie K Harrison
America October 13, 2026
Pope Leo XIV’s Surgery Exposes Gap…

By Samuel López | USA Herald VATICAN CITY — As…

By – Samuel Lopez
America October 19, 2026
An Airman Died After a Pregame…

By Michallie K. Harrison | Opinion Tech. Sgt. Ian Patterson’s…

By – Michallie K Harrison
America October 16, 2026
NFL Player $300M Hip Surgery Lawsuit…

Athletes bet their bodies on surgeons the way pilots bet…

By – Tyler Brooks
America October 16, 2026
Russian Drone Strikes Hit American Businesses…

Russian drone strikes against American-linked businesses in Ukraine are raising…

By – Jackie Allen
America October 11, 2026
AP Poll Top 25: Georgia Claims…

Georgia has reclaimed the top spot in the AP Poll…

By – Rachel Moore
America October 10, 2026
A.J. Armstrong: Former NFL Player’s Son…

 HOUSTON — Antonio “A.J.” Armstrong Jr., the son of former…

By – Jackie Allen
America October 9, 2026
NFL Pro Tyreek Hill Takes the…

What the Jury Is Hearing Lakeeta “Keeta” Vaccaro Hill testified…

By – Samuel Lopez

No posts found.

No posts found.

Signup for the USA Herald
exclusive Newsletter