Post
Topic
Board Bitcoin Discussion
Re: A quick reminder from Eric Adams, mayor of the City of New York.
by
Welsh
on 07/01/2022, 17:04:08 UTC
One thing you might have missed.  Grin
He is in office since January 1, 2022, he hasn't yet received any check bitcoin, so he isn't affected at all by the drop, he hasn't got any money at stake to date.
So of course it's easy to laugh it off, who wouldn't?
Yeah, since then we've take a dip assuming it continues or stabilizes here for a bit, he would have gone down a pretty decent amount since he was due to be in office. So, in all likelihood him receiving his pay check while the price is down probably benefits him so he earns more when/if it increases again. I get your point though, he's probably going to be paid in Bitcoin, but the amount will likely be pegged to fiat.