“This is the Empire State,” Adams said at a press briefing at Gracie Mansion on Monday. “We should be looking forward to building empires, particularly in the crypto space.”
Adams, who is running for reelection, reiterated his commitment to making New York City a crypto hub, telling reporters that he would work with tech and crypto companies, both big and small, to create a friendly environment to attract them and help them succeed.
“My goal remains the same as it was on day one as mayor: making New York City the crypto capital of the globe,” Adams said. His remarks echo similar pledges from President Donald Trump, who has repeatedly said he wants to make the U.S. the “crypto capital of the planet.”
Crypto is a solution looking for a problem.
The people behind crypto never studied the history of the gold standard.
Crypto is a ponzi scheme virtual asset, not a currency.