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Research shows that 55% of people who hold cryptocurrencies want to receive wages in the form of digital assets such as bitcoin or Ethereum From Paysafe

The following is the Research shows that 55% of people who hold cryptocurrencies want to receive wages in the form of digital assets such as bitcoin or Ethereum From Paysafe recommended by recordtrend.com. And this article belongs to the classification: Blockchain, Bitcoin.

A new study from paysafe, a payment platform, found that more than half of people who hold cryptocurrencies want to receive wages in the form of digital assets such as bitcoin or Ethereum. 55% of people like this choice, and among people aged 18 to 24, this proportion rises to 60%. The main reason is that they regard cryptocurrency as a smart investment and believe that they may be paid in this way in the future, as well as greater financial flexibility.

The survey is based on a questionnaire of 2000 cryptocurrency owners in the United States and the United Kingdom, so people in other countries may have different opinions. In countries with high capital controls or inflation rates, this figure may be higher, but these places have not been investigated, so it is impossible to know what their opinions are.

An interesting finding in the study is the main motivation for people to hold cryptocurrency. Some people may think that most people just want to make money, but according to paysafe, the biggest motivation is because people believe that cryptocurrency will become the dominant form of international currency in the next few years.

When it comes to the topic of bitcoin or other encrypted currencies, those who are not optimistic usually invoke tulip fever or these assets are in the bubble, and they will be shattered, even if the existing holders of bitcoin are not firm: 70% of respondents had doubts at some point in their history of money investment. It is not surprising that 49% of people withdrew some or all of their cryptocurrencies because of these doubts.

We can also look at some more optimistic views of those surveyed. 60% said they thought more online retailers would accept cryptocurrency in the next year, and 47% thought physical stores would accept cryptocurrency in the next 12 months. Finally, 49% of respondents said that as cryptocurrency becomes more and more accessible, everyone may have cryptocurrency in the next five years.

More reading from cnBeta: YouGov: 3 / 4 of American adults have heard of bitcoin Morgan Stanley: it is expected that the total power consumption of global digital currency mining will exceed that of Argentina in 2018. Inventory of cryptocurrency market in 2021: bitcoin is still the overlord. Coinmarketcap: the market value of global cryptocurrency exceeded us $600 billion in December 2017. Freelancer: Q3 cryptocurrency related jobs in 2017 With a bit growth rate of 82%, PwC & Swiss encryption Valley Association: from January to may 2018, the global digital currency sales reached US $13.7 billion. Google Trends: the data shows that “buy bitcoin with credit card” Search volume reached an all-time high. In January 2018, the market value of bitcoin evaporated $44 billion. Coinmarketcap: in November 2017, the total scale of global cryptocurrency exceeded $300 billion. Coingecko: the total market value of cryptocurrency exceeded $3 trillion. YouGov: 2017 survey on the consumption behavior of American bitcoin users juniper research: the field of cryptocurrency is on the verge of collapse. Coinmarketcap: Global encryption in August 2018 The market value of the currency dropped to $200 billion. Chainalysis: encryption crime report in 2020 coinbase: in the first half of 2021, the growth rate of Ethereum market was three times that of bitcoin

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