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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

New York City Mayor-Elect Eric Adams Will Take First 3 Paychecks in Bitcoin, Promises to Make NYC Center of Crypto

New York City Mayor-Elect Eric Adams Will Take First 3 Paychecks in Bitcoin, Promises to Make NYC Center of Crypto

New York City Mayor-elect Eric Adams says that he will take his first three paychecks in bitcoin. He has also promised to make NYC the center of crypto. “NYC it’s going to be the center of the cryptocurrency industry and other fast-growing innovative industries,” he said.

Eric Adams’ Bitcoin and Crypto Promises

New York City Mayor-elect Eric Adams said he wants to turn NYC into a crypto-friendly city and will also take his first three paychecks in bitcoin.

Replying to a tweet made by Miami Mayor Francis Saurez that he will take 100% of his next paycheck in bitcoin, Adams wrote: “In New York, we always go big, so I’m going to take my first three paychecks in bitcoin when I become mayor.” He added: “NYC it’s going to be the center of the cryptocurrency industry and other fast-growing innovative industries.”

Many people on Twitter see Adams’ statement as very bullish. At the time of writing, his tweet has been liked 14.1K times and retweeted 2,906 times. Many simply tweeted “bullish” in response. Galaxy Digital CEO Mike Novogratz wrote, “I love NY.”

Angel investor Balaji Srinivasan tweeted:

Impressive. With a greenlight from the mayor, we might allow any city employee to take some of their salary in BTC. And repeal the Bitlicense to make NYC more competitive on web3.

Adams has also waged a “friendly competition” with Mayor Suarez, who is actively trying to turn Miami into a bitcoin hub of the U.S. and the world. Suarez has also been re-elected as the mayor of Miami.

In an interview with Bloomberg Wednesday, the NYC mayor-elect explained that Suarez “has a Miamicoin that is doing very well.” He added: “We’re going to look in the direction to carry that out.” Adams further promised to “look at what’s preventing the growth of bitcoin and cryptocurrency in our city.”

In June, Adams made a promise to his supporters: “In one year, one year, you’re going to see a different city … We’re going to bring businesses here. We’re going to become the center of life science, the center of cybersecurity, the center of self-driving cars, drones, the center of bitcoins. We are going to be the center of all technology.”

What do you think about Eric Adams’ promise to make NYC a crypto center and saying he will take his first three paychecks in bitcoin? Let us know in the comments section below.

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