Big US Politics on Bitcoin (BTC)

Big US Politics on Bitcoin (BTC)

Wednesday 17 August 2022 ▪ 2:00 pm ▪

min read – with

In the United States, the views of political figures on bitcoin and cryptocurrencies are varied. Sometimes we hear a senator or a mayor pleading in favor of these assets, sometimes both of them throw their venom at the BTC. Fortunately, the clan of bitcoiners is now starting to strengthen. Just yesterday, New York City Deputy Mayor Phil Banks received BTC and ETH.

Phil Banks, an icon of American politics joins the party

Yesterday, Watcher Guru informed us, via Twitter, that the Deputy Mayor of New York City proceeded to purchase the equivalent of $150,000 in bitcoin and ethereum.

NYC Deputy Mayor of Public Safety revealed he bought $15,000-$150,000 worth of #Bitcoin & #Ethereum. »

This was reportedly taken from his recent financial statements where he claimed that his net worth had tripled in the last 8 years.

The same Banks also revealed that he was also investing in Apple INC, Tesla Inc (the one that had just sold a large part of its bitcoin holdings) and Meta Platforms Inc (the company that Vitalik Buterin predicted would fail) .

New York, its leaders and bitcoin

Certainly, this decision by Phil Banks has ties to the pro-bitcoin leanings of current New York Mayor Eric Adams. The latter, remember, said during the election campaign that he showed interest in BTC. Furthermore, he intended to make the city a ” recommend bitcoin “.

You also know that Adams has started accepting his salary in bitcoins. Note also that he does not hesitate to challenge the Governor of New York to review the bill against the mining.

Admittedly, bitcoin adoption is not yet widespread in this city, or the United States. And even a majority, in the political spectrum and society in general, are preaching against cryptos. But, we agree to say gradually, there will be more bitcoiners than one-coiners. ” Adoption cannot be stopped “, let’s talk about social networks.

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The blockchain and crypto revolution is underway! And the day the effects are felt on the most fragile economy in this world, against all hope, I will say that I was involved.

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