Tech

Bitcoin: more than 50% of crypto owners would like to be paid in virtual currency

According to a study carried out by the secure payment platform Paysafe, more and more cryptocurrency owners would like to receive their salary in Bitcoin or Ether.

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With a market whose capitalization has just exceeded $ 3 trillion, cryptocurrencies are still gaining more followers. So much so that some owners of digital assets would see themselves receiving their salaries in digital currencies like Bitcoin or Ethereum.

This is indeed what the latest study from Paysafe, a secure payment platform, reveals. According to their report, 55% of respondents would like to benefit from this option with their employer, a figure that climbs to 60% among 18-24 year olds. The survey is based on responses from 2,000 cryptocurrency owners based in the US and UK. You will agree, the results can therefore vary drastically depending on the country.

It would have been interesting to know the position of the inhabitants of El Salvador, which as a reminder is the first country in the world to have adopted Bitcoin as legal tender. A city dedicated to BTC should also see the light of day in the coming years. Among the main motivations of respondents is the assurance that cryptocurrencies will eventually become the dominant form of international currency in the years to come.

Read also: The new mayor of New York wants to be paid in Bitcoin

Cryptocurrencies, the future in the eyes of respondents

Nevertheless, a large part of those polled remain lucid about the instability of BTC or other digital currencies. 70% say they have had doubts in their past investments in cryptocurrency, while 49% have withdrawn some or all of their assets because of these fears.

Among the most optimistic opinions, 60% of those polled said they believe a lot of online retailers will end up accept cryptocurrencies as a means of payment in the future. This is already the case with PayPal, but also Mastercard and Visa, which authorizes transactions in USDC, a stable coin based on the Ethereum network and whose price is backed by that of the US dollar.

In addition, 47% of respondents believe cryptocurrencies will be accepted in physical stores within the next 12 months. And to conclude, 49% of them assure that the number of digital currency owners is likely to skyrocket in the next five years.

Source: BusinessWire

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