Almost 1 of Every 3 Freelancers Would Accept Cryptocurrencies as Payment

Almost 1 of Every 3 Freelancers Would Accept Cryptocurrencies as Payment

The use and adoption of cryptocurrencies have boosted the economic activity of many entrepreneurs, connecting people throughout the world without the obstacles that exist due to the traditional fiat system. One of the segments that has benefited most from cryptocurrencies is that of freelance workers, for whom now it is much easier to offer their services to customers around the world obtaining immediate, transparent and safe remuneration.

According to a study published by Human.net, about 29% of more than 1100 freelancers registered on the platform would accept crypto as financial compensation for their services.

It is important to note that the majority of Humans.net users are residents of the United States, so the data reflect an important reality of the American population. Likewise, 825 people (75% of those surveyed) said they had heard about crypto and were familiar with the subject.

Cryptocurrencies Help Freelancers

The poll shows that the majority of interested individuals comment that the main advantage if cryptocurrencies is that they facilitate international payments. Lack of middlemen is in second place while a preference for security is in third place. Less popular were the “low commission” and “transparency” options. 11% consider that cryptocurrencies have all the above advantages.

A Growing Trend

It is also important to note that other similar platforms have carried out studies that show the growth in the acceptance of crypto coins by workers. According to Humans.net, the more knowledge is spread about crypto and blockchain technologies, the higher will be their acceptance:

“Taking into account a similar study by Lendedu in September 2017, the number of cryptocurrency owners has almost increased threefold in a year: 14% in 2017 compared to 38% in the Humans.net recent poll.
This is a fairly dramatic increase, well over 50%, but that said we have to point out that, in both cases, the results reflect the knowledge and understanding of specific pool of respondents when compared to the general population.”

The demand for work related to the crypto industry has dropped a little after last year’s hype. At the end of 2017, a study by Upwork showed that the skills with the highest growth and demand were those related to the term “Bitcoin”. However, by 2018, the outlook is very different.

The cryptocurrency craze is only just beginning
Bitcoin (#1),themost searched Google term in 2017, was the fastest-growing skill in Q4. This was the same time period ithit record high after record high price and reached anall-time highof $19,783 (December 17, 2017). Since its peak, the price has dropped by more than60 percent; but there is still demand for experts familiar with bitcoin as many look to develop their own cryptocurrencies.Some who bet on bitcoin early like Stripe haveended bitcoin support, with customer desire to accept the currency decreasing; and Facebook isbanningads for bitcoin. Attention is turning towards blockchain, the technology behind bitcoin and other cryptocurrencies.Gartner included blockchain in their recentHype Cycle for Emerging Technologiesas they believe it will lead to a reformation of entire industries long-term; and while enterprises are still deciding how to navigate this technology, reputable universities such as Stanford University, University of California at Berkeley and Massachusetts Institute of Technology (MIT) have alreadyadded relevant coursesto their course lists.

By late 2018 this skill is not even mentioned.

Although the need for skills has changed, there is no doubt that the acceptance of cryptocurrencies is a step forward in their quest to become substitutes for traditional money.

The post Almost 1 of Every 3 Freelancers Would Accept Cryptocurrencies as Payment appeared first on Ethereum World News.

08.12.2018 / 17:10 38
38% of Freelancers Regularly Use Cryptocurrency, Survey Reveals 38% of Freelancers Regularly Use
According to a recent Humans.net survey, part of which was covered recently by fellow CCN’s Joseph Young, 38% (385) of the 1100 people surveyed, all
29% of Freelancers Wish to be Paid in Crypto: Are Legacy Systems Inefficient? 29% of Freelancers Wish to be Paid in
According to a survey conducted by Humans.net, a job recruitment platform, 29 percent of freelancers would rather get paid in crypto over legacy
The Daily: 29% of Freelancers Want to be Paid in Crypto, Asian Exchanges Fake Volume The Daily: 29% of Freelancers Want to
Today’s edition of The Daily covers everything from hardware wallets to fake volume on cryptocurrency exchanges. But to kick-start proceedings, we’ve
Blockfreelancer is the NO1. Decentralized marketplace for freelancers and recruiters. Blockfreelancer is the NO1.
Blockfreelancer solutions to problems: We aim at creating a decentralized transparent, trusted, reliable , lucrative and convenient system for
From Freelancers to Decentralized Empires: Blue Whale, the First ICON ICO From Freelancers to Decentralized
Rewards, Transparency, and Value: blockchains answer to freelancing The state of the gig economy is in a precarious situation facilitated by the
Majority of Merchants Using Square Inc. Technology Willing to Accept Bitcoin over USD Majority of Merchants Using Square Inc.
According to a new study, more than 50 percent of retailers utilizing Square Inc.’s checkout technology would be willing to accept Bitcoin (BTC) as a
Comments (0)
Add a comment
Comment on