New York’s next mayor wants to teach cryptocurrency in schools – News Couple

New York’s next mayor wants to teach cryptocurrency in schools

New York Mayor Eric Adams appears to be doubling down on his pro-crypto stance, emphasizing that schools should incorporate cryptocurrency studies into their curricula.

Speaking during a November 7 interview with CNN’s State of the Union, Adams described cryptocurrency as a “new way to pay for goods and services around the world,” and urged local schools to equip students with the “new way of thinking” it has brought about through blockchain technology and assets. digital.

“We must open our schools to teach technology and to teach this new way of thinking.”

Adams also occasionally noticed a surprisingly low awareness of cryptocurrencies among his young voters. The 61-year-old Democrat said: “When I talked about blockchain and Bitcoins, young people stopped in the street and asked, ‘What is this? “

He also noted plans to encourage companies in New York to accept bitcoin (BTC) and other cryptocurrencies as a form of payment, saying he would “be careful” and “do it right.” The mayor-elect added that New York must remain a “centre for innovation, no matter what that innovation is.”

Adams’ comments were met with mixed reactions from the crypto community on social media.

user”nemadusThe announced crypto studies should be “integrated” into the curriculum, emphasizing that new investors should be equipped with an “open mind and sufficient knowledge” before facing the digital asset markets.

Others criticized the suggestion, with InnocenceCapit1 calling the cryptocurrency “speculative rubbish.” Schools should focus on ‘Teaching Successfully'[ing] Math, history, science, language, and actual financial concepts first “hmm added.

Summon talk criticism From Adams of Harvard economist Jason Furman, Twitter user “OnlyAPrimate” described the recently elected mayor’s promotion of digital assets as “kind of outrageous” given Adams’ intent to take the first three mayor’s salaries in the form of BTC.

“I really like Eric Adams, but I don’t think his job description pumps cryptocurrency [he] About to be paid. Seems kinda sinister, “Hmm Spread.

Related: New York Mayor-elect Eric Adams will take his first three Bitcoin salaries

The next mayor’s policy platform involves turning the city into a crypto hub for the United States. Adams also said in an interview Wednesday with Bloomberg Radio that he plans to explore creating a cryptocurrency for the city in New York along the lines of MiamiCoin.

New York will not be the first city in the United States to implement a study program that includes cryptocurrency. In March of this year, the Georgia House of Representatives passed a bill calling on state education officials to implement a financial literacy program including coding in high schools.