- Eric Adams, the future mayor of New York City, believes that students should be taught how to deal with bitcoin and other digital assets while still in elementary or secondary school
The New Mayor Wants Immediate Changes
In the opinion of Eric Adams, the newly elected Mayor of New York City, schools should include Bitcoin studies. In an interview with CNN’s State of the Union, Adams said that Bitcoin represents a “new form of paying for goods and services all around the globe,” and he encouraged local educators to educate students for “the new way of thinking” brought about by blockchain technology and digital assets.
Cryptocurrency Awareness
We must expand the scope of technological education in our schools to foster this new way of thinking. According to anecdotal evidence, Adams discovered that his young people had a stunning lack of awareness of cryptography. As soon as I started talking about blockchain and Bitcoin, people stopped me and said, ‘What is that?’,” said the 61-year-old entrepreneur. Also, when it comes to encouraging New York businesses to accept Bitcoin (BTC) and other cryptocurrencies as a form of payment, he said that he would “tread gingerly” and “get it right.” According to the mayor-elect, New York must continue to be a “centre of creativity, regardless of the nature of the idea.”
Reactions From The General Public
Adams’ words have elicited a range of reactions from members of the cryptocurrency community on social media. According to Twitter user Nima Abed, crypto studies must be included in school curricula when it comes to investing in digital assets since potential investors need to be equipped with an open mind and proper knowledge. Users such as InnocenceCapital, who referred to cryptocurrencies as speculative trash, were vocal in their opposition to the initiative. Instead, according to the writers, the subjects of math, history, physics, language, and Teachers should teach real-world financial concepts first in schools.
Introduction Of A Local Cryptocurrency
One website, OnlyAPrimate, described Adams’ recent enthusiasm for digital assets as “a little gritty,” citing the mayor-decision elect’s to receive his first three mayoral salaries in bitcoin as an example (BTC). In my judgment, increasing the value of a crypto-currency that Eric Adams intends to get compensated in does not seem to be part of his job description. ‘It’s a little bit fancy,’ they wrote of the design. According to the city’s website, the next mayor wants to establish New York City as the nation’s top hub for the digital currency business. In an interview with Bloomberg Radio on Wednesday, Adams also said that he intended to look into the formation of a local cryptocurrency in New York similar to MiamiCoin, which was previously announced.
Cryptocurrency Education
Education programs on cryptocurrency have already been introduced in a number of places around the United States. For example, according to the Georgia House of Representatives, a measure mandating the deployment of a financial literacy curriculum in high schools, which included cryptocurrencies, was introduced in March.
Sources: Yahoo.com/ NYMajoroncryptocurrency
