New York City mayoral candidates have turned to cryptocurrencies as part of their campaign promises.
Republican candidate Curtis Silwa wrote on Twitter yesterday: "As mayor of New York City, I will make New York the Crypto-friendly city in the country. "Property taxes, fines, and commissions will be payable with cryptocurrencies."
“We will open more crypto ATMs and incentivize businesses to accept crypto. We must modernize our economy and make it accessible for all,” he added.
Silwa’s tweet, which featured graphics from Dogecoin, Ethereum, Bitcoin and Ripple ATMs, is not the first time a New York City mayoral candidate has used cryptocurrencies to the campaign.
Ahh, I would love to pay my taxes to EMI's with crypto currencies because that will literally weigh out my burden from crypto earnings. I am saying the context that, today I literally have to think twice whether I should convert my crypto earnings into fiat or not because in my country it is still illegal and the decision is yet to be made. This makes my crypto asset virtually inaccessible to be used in the real world. If they are okay with it, then dam, I am gonna scan the address.
New York Democratic nominee Eric Adams has vowed to make New York City the "center of bitcoin."
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That is an eye catchy statement and as far as I know New York is pretty great economic country and can bring more attention to the crypto usage. Being the costly its gonna make crypto enthusiast more happy about the investments. It won't be far when they will reach out to wall street as well.