Photo-Illustration: Intelligencer. Photos: Getty Images There’s something of an arms race going on between Eric Adams and his future Miami counterpart, Mayor Francis Suarez — Adams calls it a “friendly competition” — over which big city will be the dominant hub for the emerging cryptocurrency industry. Suarez, a Republican who embraced the cryptos during the pandemic, has come out ahead by loudly marketing the Magic City as a more business-friendly alternative to Silicon Valley , cheering on, for instance, a crypto exchange to win the naming rights for the Miami Heat’s arena. His MiamiCoin has yielded $20 million for the city’s coffers just a few months after it was first announced. The project has been so successful that the city is planning to return that money to Miamians through a dividend . So when Suarez announced on Twitter that he would take a paycheck entirely in bitcoin, Adams saw the chance for some one-upmanship . “In New York we always go big, so I’m going … [Read more...] about Could Eric Adams Actually Be Paid in Bitcoin?