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New York City Mayor Eric Adams revealed that he wants to duplicate the success of cryptocurrencies success of Miami to the Big Apple.

Adams who made the statement during a visit to a cryptocurrency conference at a swanky Miami hotel on Tuesday added that the non-government-backed currencies as an antidote to “historical inequalities” in the U.S. economy.

“There’s historical inequalities. It’s time for them to stop, and what we’re going to do is going to improve on that,” Adams said.

According to reports, Miami has been at the forefront of crypto — even launching its own currency, “MiamiCoin”.

Adams said Miami has shown a lot in terms of being successful using cryptocurrencies.

“And I think that’s what Miami has shown us,” he said.

“It has shown us that the death of the way we conduct business has become the fertilizer of the life we are going to produce to show how we can do business, and more people are going to benefit from that. And that is the spirit we’re going to bring in New York,” he added.

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