New York mayor has urged to study digital assets at school

Eric Adams believes that young people have little awareness of cryptocurrencies

08.11.2021 - 11:15

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What's new? Eric Adams, New York City mayor, has suggested that local schools introduce a subject such as “blockchain technology and digital assets” into their curriculum. He made the announcement in a commentary to CNN.

Material on the CNN website

What did the mayor say about schools? Adams believes that students need to be prepared for a “new way of thinking” because digital assets are "a new way of paying for goods and services throughout the entire globe". In his opinion, there is now low awareness of cryptocurrencies among young voters.

"When I talked about blockchain and BTC, young people on the street stopped and asked me: ‘What is it?,’” the mayor stressed in a CNBC comment.

What are the mayor's plans? Adams, who recently became the head of New York City, has promised to make it the hub for innovation and the bitcoin industry. To do so, the mayor is also going to require local businesses to accept BTC and other cryptocurrencies as a payment method.

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