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Eric Adams: “If it grows in New York, it would cascade throughout the…”

Featuring: Eric Adams, Democratic | Mayor of New York

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Eric Adams Advocates for Bitcoin Innovation and Financial Instruments in New York City

Published | Video Starts at 05:44

Look at how bitcoin has grown. And we must match what is happening on the national level with what we're doing on a local level. If it grows in New York, it would cascade throughout the entire country and we would normalize and allow young people to know the evolution and power of the bitcoin universe. This is such a natural formation. If you go back to 1200 BCE, they were using shells for goods and services. We moved to the coins being made, then the paper currency and and then the credit cards. (05:44–05:58)

CLAIM

Claims that bitcoin growth in New York would influence national adoption and education about bitcoin.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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