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Odds-on Mayor Favorite Will Make NYC ‘Bitcoin Center,’ Issues Miami Warning

Odds-on Mayor Favorite Will Make NYC ‘Bitcoin Center,’ Issues Miami Warning
Eric Adams. Source: A screenshot, Instagram/ericadamsfornyc

The frontrunner in the race to become the Mayor of New York has vowed to make the Big Apple “the center” of Bitcoin (BTC) within the space of a year if he is elected.

In a speech to supporters yesterday, the leading candidate, Eric Adams, said,

“I’m going to promise you in one year, you’re going to see a different city. We’re going to bring businesses here. We’re going to become the center of life science, the center of cybersecurity, the center of self-driving cars and drones, the center of bitcoins, the center of all the technology.”

And in a side-swipe at the pro-crypto Miami Mayor Francis Suarez, he added,

“Miami, you had your run. We’re bringing our businesses back.”

Reuters reported that the outcome of the Democratic Party primaries – held on Tuesday this week – “likely won’t be known for weeks.” However, the signs for the crypto-bullish candidate Eric Adams already look promising. With 90% of in-person votes counted, Adams was the top choice on 31% of ballots. A winner is expected to be declared in mid-July after absentee ballots are counted.

Adams is widely expected to win the ensuing mayoral election in early November, where the Democratic nominee will go head-to-head with the Republican pick, the Guardian Angels founder Curtis Sliwa, who won a primary vote earlier this week.

But New York has not voted in a Republican mayor since Michael Bloomberg in 2005 and that is unlikely to change in November. Oddschecker data shows that most bookmakers are not giving other candidates – Sliwa included – much of chance against Adams – they are offering odds of 1-12 and 1-20, while Sliwa is out at 28-1. Other leading Democrat candidates are out at 7-1 and above.

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