New York City Mayor wants cryptocurrency classes in schools

New York City Mayor-elect Eric Adams appears to be doubling down in favor of cryptocurrencieswhich states that schools should include the study of cryptocurrencies in their curricula.

In an interview on CNN’s State of the Union on November 7th Describing cryptocurrencies as “a new way to pay for goods and services around the world,” Adams urged local schools to prepare students for “the new mindset” that blockchain technology and digital assets bring with it..

“We have to open our schools to teach technology, to teach this new way of thinking.”

Adams also anecdotally noted the surprising ignorance of cryptocurrencies among his young constituents.. “When I talked about blockchain and bitcoins, the young people stopped on the street and asked me, ‘What is that?'” Said the 61-year-old Democrat.

New York City Mayor wants cryptocurrency classes in schools
New York City Mayor wants cryptocurrency classes in schools

He also outlined plans to encourage New York companies to accept Bitcoin (BTC) and other cryptocurrencies as payment., said he would “be careful” and “do well”. The elected mayor He added that New York must continue to be a “center of innovation, whatever that innovation may be”..

Adams’ comments have met with mixed reactions. from the cryptocurrency community on social media.

The user “nimadows“stated that cryptocurrency studies” “should be included in the curriculum to ensure that” New investors must be “open minded and knowledgeable” before entering the digital asset markets.

Others criticized the proposal; “InnocenceCapit1” described cryptocurrencies as “speculative garbage”. Schools should focus on “successfully teaching math, history, science, language and real finance first”, added.

Calling the last criticismTo Adams from Harvard economist Jason Furman: Twitter user “OnlyAPrimate” described the elected mayor’s recent defense of digital assets as “a little vicious”., given Adams’ intention to receive his first three mayoral checks in the form of BTC.

“I like Eric Adams a lot, but I don’t think his job is to promote a cryptocurrency that he’s going to top up in. It seems a bit mean to me. “, released.

The new mayor’s political platform includes transforming the city into a cryptocurrency center. Adams also said in an interview with Bloomberg Radio on Wednesday that he plans to investigate the creation of a cryptocurrency in New York City similar to MiamiCoin.

New York wouldn’t be the first US city to introduce a cryptocurrency study program. In March of this year, the Georgia House of Representatives passed bill requiring state education officials to implement a financial education program that includes cryptocurrencies in high schools.

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