“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.”

https://archive.is/c2fEL

  • willington@lemmy.dbzer0.com
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    5 hours ago

    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.

    • jivandabeast@lemmy.browntown.dev
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      39 minutes ago

      Elections are coming up, Adams is extremely unpopular in the city and I expect him to get voted out. Unfortunately, We have Andrew Cuomo trying to regain some of the power he once had, but I don’t think his chances are great outside of name recognition.

      Personally, I’m not registered in NYC but everyone I know there is putting their support behind Zohran Mamdani.

  • commander@lemmy.world
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    9 hours ago

    The crypto industry produces so little jobs. Just conceptually server farms that run single applications or pretty much marketing firms that make advertising coin dumps. Companies that employ single digit people locally

    • futatorius@lemm.ee
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      5 hours ago

      Scams are never job-producing schemes. The scammers want to extract the maximum amount of cash from the rubes with the minimum of overheads.

  • rottingleaf@lemmy.world
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    9 hours ago

    He’s still not in jail? I thought they caught him taking Azeri or Israeli or Russian bribes or all of the listed.

    • Telorand@reddthat.com
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      8 hours ago

      Nope, and it’s actually pretty clever what happened. The judge in the case basically let him go (which is what Trump wanted) but in such a way that the DoJ can’t ever relitigate it (something Trump didn’t want).

      Justice was denied, imo, but under the circumstances, the judge managed to thread the needle and keep Trump from being able to blackmail him into doing his bidding.

    • KumaSudosa@feddit.dk
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      8 hours ago

      Well, taking bribes seems to not only be tolerated but encouraged by the current administration. Can’t break the law if you are the law!

  • Imgonnatrythis@sh.itjust.works
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    10 hours ago

    "Running for re election. "

    NY you’ve gotten to know this grifter, if you choose him again may you fall as hard as your towers. For this stupidity though, there will be no sympathy.

    • HighFructoseLowStand@lemm.ee
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      9 hours ago

      Let’s be frank about it, the second he dropped the (D) after his name, he officially became a lame duck. Even if people were willing to overlook the corruption and the corruption to get out of the trial for his corruption, no non-Democrat is going to get elected Mayor of NYC in the near future.

  • HighFructoseLowStand@lemm.ee
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    9 hours ago

    Unless Kathy Hochul somehow contributes to the final end of the American democracy, not removing this cretin from office will be the worst thing she has ever done. Gonna be a rough couple of years for New York incumbents.

      • HighFructoseLowStand@lemm.ee
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        8 hours ago

        From everything I’ve read, the New York constitution allows her to remove him since he has been charged. Though it may be too late now.

        The common theory is she didn’t want a special election that Cuomo could win without going through a primary.

  • Neuromorph@lemm.ee
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    13 hours ago

    They never sell. What income does he expect to see. They may use electricity. But they will move t9nthe caimans before selling… so no significant tax revenue