Incoming NY mayor wants crypto taught in schools
Incoming NY mayor wants crypto taught in schools
Incoming New York Mayor Eric Adams believes schools should exist preparing students to navigate the world of cryptocurrency and digital assets.
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New York Mayor-elect Eric Adams appears to be doubling downward on his pro-crypto stance, asserting that schools should incorporate cryptocurrency studies into their curricula.
Speaking during a Sunday interview with CNN's Land of the Spousal relationship, Adams described cryptocurrency every bit "a new style of paying for goods and services throughout the unabridged earth," urging local schools to equip students for "the new way of thinking" brought virtually by blockchain technology and digital avails.
"Nosotros must open our schools to teach the technology, to teach this new way of thinking."
Adams also anecdotally noted surprisingly depression awareness of crypto among his young constituents. "When I talked about blockchain and Bitcoins, young people on the street stopped and asked me, 'What is that?'" said the 61-year-sometime.
He too indicated plans to encourage New York businesses to take Bitcoin (BTC) and other cryptocurrencies as a form of payment, proverb he would "tread carefully" and "get it right." The mayor-elect added that New York must remain a "center of innovation, no matter what that innovation is."
Adams' comments have been met with mixed reactions from the crypto community on social media.
Twitter user Nima Abed stated crypto studies "must" become incorporated into school curricula, asserting that new investors must be equipped with "an open listen and sufficient knowledge" before braving the digital asset markets.
Others criticized the suggestion, with user InnocenceCapital characterizing cryptocurrency equally "speculative garbage." Schools should be focused on "successfully teach[ing] math, history, science, language and actual financial concepts first," they added.
Invoking contempo criticisms of Adams from Harvard economist Jason Furman, Twitter user OnlyAPrimate described the mayor-elect's recent cheerleading for digital assets as "kind of grifty," given Adams' intention to receive his first three mayoral paychecks in the form of BTC.
"I actually like Eric Adams just I don't call up his job description is pumping up a crypto-currency that [he] is near to be paid in. It seems kind of grifty," they posted.
Related: NY Mayor-elect Eric Adams will accept his first three paychecks in Bitcoin
The incoming mayor's policy platform includes transforming the city into the Us' crypto hub. Adams also said in a Wed interview with Bloomberg Radio that he plans to explore setting up a city crypto coin in New York like to MiamiCoin.
New York wouldn't be the first city in the U.S. to implement a study program including crypto. In March this twelvemonth, The Georgia Firm of Representatives passed a bill calling for country teaching officials to implement a financial literacy program including crypto in high schools.
Source: https://cointelegraph.com/news/incoming-ny-mayor-wants-crypto-taught-in-schools
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