New Money Investor reported on The Miami Mayor Francis Suarez taking 100% of his paycheck in BTC. We now add Eric Adams the NYC Mayor-Elect to the list of US government officials opting out of the US dollar for The Bitcoin Standard.
What does this mean for Bitcoin? It means that the government sees it as valuable, and retains purchasing power over that of the US dollar. It is extremely bullish for BTC. Currently the price of BTC has remained above $60K at the time of this writing. The idea of a 6 figure Bitcoin is likely coming within the next several years, as an almost certainty barring any unforeseen legislation against the Cryptocurrency market.