As a seasoned crypto investor with a knack for spotting trends early, I must admit, I was initially skeptical when Eric Adams announced his decision to convert his paychecks into Bitcoin back in 2022. The market was volatile, and the idea of a public figure diving headfirst into the digital gold rush seemed reckless. But as someone who has seen the crypto world evolve, I can confidently say that his move was visionary.
Mayor Eric Adams of New York City restated his backing for Bitcoin, looking back at the doubts he encountered when he chose to change his salary payments into digital currency, which was in the year 2022.
At a recent media event, Adams said, “We should not be afraid of Bitcoin. Remember y’all laughed at me when I first got my Bitcoin? Who’s laughing now? Go look at my Bitcoin now.”
As a researcher documenting financial decisions, I myself invested my initial three salary installments as the mayor, into Bitcoin (BTC) and other cryptocurrencies back in 2022. This action garnered a mix of acclaim and skepticism from various quarters.
He encountered widespread doubt from the public, as numerous individuals questioned the soundness of the choice made in a turbulent economic climate. Speaking to his detractors, he commented, “You’re all laughing at me… Now, I bet you wish you had acted.
According to what transpired, Adams views cryptocurrencies as means for fostering innovation and financial independence, notably within underprivileged populations.
Odell Beckham Jr.
This proud sentiment echoes that of another famous person who has received a salary in crypto: Odell Beckham Jr.
In the year 2021, I, as a crypto investor, found myself aligning with CashApp, during the NFL season where Los Angeles Rams graced the field. This partnership came at a time when I was set to receive my $4.25 million salary. However, this wasn’t your typical fiat currency; it was Bitcoin! As part of the agreement, I decided to share the wealth and gave away an impressive $1 million in bitcoin to my loyal followers on Twitter.
Last month, Beckham Jr. took to X to gloat about his decision: “Soooo who said taking my Rams salary in bitcoin was dumb again?”
Soooo who said taking my Rams salary in bitcoin was dumb again? 🤔🤫😌
— Odell Beckham Jr (@obj) November 13, 2024
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2024-12-04 22:10