Approximately One Out Of Every Three Freelancers, Would Accept Cryptos as Payment

Cryptocurrency use and adoption has boosted the economic activity of many entrepreneurs, linking people all over the globe without the obstacles that exist as a result of the traditional fiat system. One important segment that has benefited most from cryptos is that of freelance workers. carried out a study which revealed that, about 29% of more than 1100 freelancers registered on the platform would accept crypto as financial compensation for their services.
Most users of users are United States residents, so the data reflect an important reality of the American population. Also, 825 people (75% of those surveyed) said they had heard about cryptocurrencies and were familiar with the subject.

An Increasing Trend
We must note that other similar platforms have carried out studies which reveals the growth in the acceptance of crypto coins by workers. revealed that, as more knowledge is spread about crypto and blockchain technologies, the more their acceptance will be: “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 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 work demand related to the cryptocurrency industry has reduced a bit after the hype of 2017. At the end of last year, a study by Upwork revealed that skills related to Bitcoin had the highest growth and demand. However, the outlook has been very different this year (2018).

Although the need for skills has changed, It is sure that the acceptance of cryptocurrencies is a step forward in their quest to become substitutes for traditional money.

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