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Younger workers increasingly want crypto paychecks, study finds


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Published in Business and Finance on Monday, December 9th 2024 at 18:20 GMT by TheStreet.com   Print publication without navigation

  • Twenty percent of surveyed employees believe that digital assets will become a fundamental part of their paychecks in the next five years, the study showed. Bitcoin emerged as the leading cryptocurrency of choice for employees, with an impressive 72% expressing a preference for receiving their wages or bonuses in it.

A recent study by Greenhouse, a hiring software company, has revealed that a significant portion of younger workers, particularly Gen Z and Millennials, are interested in receiving part of their salary in cryptocurrency. The survey, which included over 2,000 U.S. workers, found that 37% of Gen Z and 34% of Millennials would consider a job that offers crypto as part of their compensation package. This interest stems from a desire to invest in digital assets, with many believing that crypto could offer better long-term value than traditional currency. However, the study also highlighted a generational divide, as only 15% of Gen X and 6% of Baby Boomers showed similar interest. Despite the enthusiasm, there are concerns about the volatility and regulatory uncertainties surrounding cryptocurrencies, which might deter broader adoption in payroll systems.

Read the Full TheStreet.com Article at:
[ https://www.thestreet.com/crypto/markets/younger-workers-increasingly-want-crypto-paychecks-study-finds ]

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