The incoming mayor of New York wants schools to include blockchain and crypto literacy into their curricula.

New York’s new mayor-elect, Eric Adams, believes it’s past time for schools to include cryptography as a topic in their curriculum. Adams, a long-time cryptocurrency supporter, and proponent, recently made headlines by announcing that he would take his first three paychecks in Bitcoin and pledging to make New York the “crown jewel of the bitcoin business” after he takes office in January.

In a CNN interview, Adams defined cryptocurrency as “a new means of paying for products and services all throughout the world.” Adams has also pushed local schools to teach pupils about blockchain technology and digital assets as a “new way of thinking.”

“I want to send a message. This city was the Empire State… This is the center of innovation, self-driving cars, drone development, cybersecurity, life sciences,” Adams said. “When I talked about blockchain and bitcoin, young people on the street stopped and asked me, ‘What is that? What is it about?’

Adams did make it apparent that incorporating Bitcoin into the New York economy will take a lot of effort. “We’re going to take a look at it and walk gently to make sure we get it properly,” he added.


Adams also hinted at a “friendly competition” with Miami, which has emerged as one of the US’s leading centers for crypto employment. Adams said he would look into creating a New York version of Miami Coin, a city coin.

Experts are divided on the mayor-remarks, elect’s with American economist and Harvard University professor Jason Furman calling it a bad investment decision and bad financial advice for the citizens of New York.

The mayor responded quickly, stating that this is a personal decision. Adams, who has lost hundreds of dollars in stock market crashes in the past, believes that Bitcoin is just as unpredictable as conventional assets.

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