NYC Mayor Undeterred by Falling Bitcoin Price, Says Buying the Dip Could Yield 'Good Profit' – Markets and Prices Bitcoin News

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NYC Mayor Undeterred by Falling Bitcoin Price, Says Buying the Dip Could Yield 'Good Profit' – Markets and Prices Bitcoin News
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“Sometimes the best time to buy is when things go down, so when they go back up, you've made a good profit,” said the mayor about bitcoin. cryptocurrency crypto

Commenting on the price of bitcoin this week and how it would have affected his paychecks if he had been paid in the cryptocurrency, the new mayor of New York City laughed and said:

Sometimes the best time to buy is when things go down, so when they go back up, you’ve made a good profit. “Yes, I’m going to take my first three paychecks in bitcoin,” Adams confirmed, but noted, “I haven’t received my first check yet.” He reiterated his crypto plans: “I think we need to use the technology of blockchain, Bitcoin, [and] all other forms of technology. I want New York City to be the center of that technology so I’m looking forward to that first paycheck in bitcoin.”

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