Sage Survey Shows Nearly 1 in 3 People Would Take Crypto Payments as Salary Wages
31% of People Ready to Accept Salaries in Cryptocurrency
Cryptocurrency is rapidly gaining traction as a global medium of payment Just under a third of people would be happy to have at least part of their salary paid in cryptocurrency, according to a recent survey.
A Google Survey commissioned by the British tech company Sage found 31% of respondents would ‘be happy’ to have a chunk of their earnings paid to them in a cryptocurrency. Out of the 1,000 people who participated, 37% said they would only want 1-20% in digital assets, with the rest paid in fiat currency.
Younger Male The Biggest Demographic
The survey also indicated women were far less enthusiastic than men when it came to being paid in cryptocurrency. Although 75% of male respondents said they were open to the idea, only 25% of women said they would take part of their salary in cryptocurrency.
There were also some surprising results within age groups. As expected, the most interested age group for being paid in cryptocurrencies were between 25 – 34 years old, leading the charge with 33%. This steadily decreased as respondents were older. However, those in the 65+ age group were more likely to answer ‘yes’ than those in the age group below, 55 – 64 years old.
“Like Bitcoin ownership, millennials are the most likely age group to be interested in being paid with cryptocurrencies, leading the landscape with 33% and those approaching retirements are the least likely. However, 7% of people at or above retirement age would be interested, a 2% increase from the younger generation approaching retirement,” Sage’s cryptocurrency salary infographic read.
In related news, International football superstar Cristiano Ronaldo made headlines with Bitcoin transfer payment possibility. This news followed Semi-professional club, Gibraltar United, hailing from what is professed to be a crypto-friendly area, setting another unique trend. That trend is to pay its football players in cryptocurrency after securing a deal with the cryptocurrency, QuantoCoin. By the beginning of next season, Gibraltar United want to effectively pay its team members entirely using Crypto.