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Crypto payments: the willingness to integrate cryptocurrencies for loans and salaries is increasing – The Cryptonomist

A new survey reveals the desire of business owners and employees to integrate cryptocurrencies into their company strategies and payments. From what has been revealed, there seems to be a growing desire to use cryptocurrencies for loans and payroll.

Cryptocurrency payments and the perception of business owners and employees towards loans and salaries

of investigation Clear Capital's article highlights emerging trends surrounding cryptocurrency payments and business owners and employees.

In fact, apparently Awareness of cryptocurrency integration when applying for a loan or receiving a salary Quite a bit positive.

The main survey data revealed that At least 1 in 4 entrepreneurs support the idea of ​​taking out a cryptocurrency loan for their business. Not only that, but by next year, 1 in 10 companies seeking funding choose to request a loan in cryptocurrencies compared to a traditional loan.

Regarding payment, Compensation in cryptocurrencynearly 10% of business owners have already considered this idea. 30% of employees support it.

These data come from a survey of 800 American employees and 200 American business owners about their perceptions of crypto payments.

Overall, the average age of employees is 39 years old, with 4% being baby boomers, 23% Gen X, 59% Millennials, and 14% Gen Z. On the other hand, the average age of business owners was 45 years old. , of which 13% were Baby Boomers, 37% were Gen X, 43% were Millennials, and 7% were Gen Z.

Cryptocurrency payments: Perceptions and generation gap towards loans and salaries

Continuing our research, the data highlighted differences in attitudes towards virtual currency payments for salaries and loans across generations.

Actually, speaking of interests, cryptocurrency loana quarter of entrepreneurs said they were in favor of it. Of these 25% of respondents, it was revealed that: 50% were Gen Z, young entrepreneurs born into the digital age.

For 28% and 27% There was at that time Millennials and Generation X Entrepreneurs; following the last Baby boomers accounted for 15%.

Further analysis of entrepreneurs who said they would choose a cryptocurrency loan over a traditional loan also asked about its type. The responses revealed the following: 47% chose centralized crypto loans, 37% peer-to-peer crypto loans, and only 21% chose decentralized crypto loans.

About the topic Virtual currency compensation for employees, More ambitious entrepreneurs revealed their motivations. The most common reason was not wanting to rely on regular banks, but also to increase employee privacy and security.

Speaking instead of Thirty percent of employees are in favor of receiving their paycheck in crypto, compared to 39% of Gen Z, 32% of Millennials, 23% of Gen X, and 15% of Baby Boomers.. The survey also examined employees': Cryptocurrency they want to pay for. The response shows the following 72% Bitcoin (BTC), 43% Ethereum (ETH), 28% USD Coin (USDC), 17% Litecoin (LTC), and 15% Dogecoin (DOGE).

Growing adoption of cryptocurrencies in the construction industry

Another study recently found that: Prospects for cryptocurrency payments in the construction sectorreveal it Recruitment is increasing.

In fact, apparently One in five contractors are already receiving crypto payments for work, and 65% have expressed openness to this possibility.

in fact, 5% of contractors highly prefer paying with cryptocurrencies, saying: We offer a 10% discount to customers who wish to pay with cryptocurrencies.

The generation gap is different here.. In fact, when asked about their perception that crypto payments are having a positive impact on the construction industry, baby boomers were the most likely to agree, with 33% responding positively, compared to millennials. and only 15% of Gen Z.

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