A study ensures that workers prefer to receive their salary in cryptocurrencies

Cryptocurrency Salary Cover

A study by Bakkt indicates that more than half of workers prefer to receive their salaries in cryptocurrencies.

El Bakkt study, published on July 27, notes that the 50% of the workers surveyed would have no problem receiving their salary, or part of it, in cryptocurrencies. In fact, 38% of these workers say they would prefer cash out in some kind of digital asset, regardless of the current state of the market.

Among the workers most open to receiving their salaries in cryptocurrencies are: influencers and social media personalities, retail sellers and also freelancers.

On the reasons why they prefer collect their salaries in cryptocurrencies, workers point out the problems of traditional payment systems. In this sense, workers are attracted by the Immediate payments, security, low commissions and the possibility of holding cryptocurrencies to obtain value.

Do you want to receive your entire salary in cryptocurrencies?

The survey also found a curious fact and that is that the 20% of workers have already obtained some kind of benefit in cryptocurrenciesIn this sense, it is important to note that there are few workers who are willing to receive their entire salary in cryptocurrencies:

  • 34% of workers would be willing to earn between 20% and 40% of their total in cryptocurrencies.
  • 31% of workers would earn 20% or less.
  • 21% of workers would earn between 40 and 60% of their salary in cryptocurrencies.

For Nicolás Cabrera, Product Director at Bakkt, crypto is attractive for professionals in the collaborative economy, such as Uber drivers or hospital workers. gigs (small commissioned jobs) who make purchases for other people. This type of professional is attracted to cryptocurrencies, since They are a quick and cheap form of payment.

On the other hand, the survey has found that the main barriers to the adoption of cryptocurrencies as salary payment are, firstly, the implementationnstitution of an adequate payment system, on the other hand, the lack of knowledge of the sector and, finally, the volatility of cryptocurrencies.

Other interesting points of the study

Beyond worker salaries, Bakkt's study leaves some interesting points about the cryptocurrency sector. First, it has discovered that crypto users are More likely to participate in loyalty and gamification programs (72%), well above hotel users (59%), gas stations (53%), travel (53%) or finance (52%).

In this sense, 51% of crypto users interested in gamification and loyalty programs prefer the cashback options or crypto earning, to the redeemable points.

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