Cryptocurrencies are one of the most talked-about technological shifts of recent times. New companies regularly announce that they’re either starting to accept cryptocurrency for their goods and services, or that they’re going to start paying their employees with them.
With increasing global acceptance of cryptocurrencies, we wanted to find out what percentage of people would accept them as part – or all – of their salary. After interviewing 1,000 people, we found that 31% would be happy to be paid in a cryptocurrency.
So, how do the numbers break down? Ninety percent of 90% Bitcoin owners are male. So, it’s not surprising that males are more likely to answer ‘yes’ to our survey. However, we found that 25% of women are also interested in cryptocurrencies, but may not own any yet.
There were also some surprising results within age groups. As expected, the most interested age group for being paid in cryptocurrencies were between 25 and 34 years old, at 33%. This steadily decreased among older respondents. However, those in the 65+ age group were more likely to answer ‘yes’ than those in the 55 to 64 age group.
We also wanted to find out what percentage of their income people would be interested in receiving cryptocurrency. The majority were on the risk-averse side, with 37% answering between 1% and 20% of their income. They preferred that the majority of their income is paid in fiat money. The numbers again slightly decreased until we approached the higher end of the scale, 15% answered that they would be interested in 80% to 100% of their income as a cryptocurrency. This demonstrates that the higher end of the scale is dominated by people ‘all-in’ on the new wave of currency.
For more information, have a read through our infographic below.
Embed this infographic on your site