Survey shows rising acceptance of cryptocurrencies in salaries and business financing
The survey, involving 800 workers and 200 business owners, indicates that 30% of workers would consider receiving their salaries in digital assets, with Bitcoin being the preferred choice.
Despite cryptocurrency’s volatility, 30% of workers surveyed say they would consider receiving their salaries in digital assets, according to a new study by Clarify Capital. The study, which questioned 800 workers and 200 business owners, revealed that 20% believe crypto will become a regular part of their paychecks within the next five years, with Bitcoin being the most popular choice. A significant 72% of respondents expressed a preference for receiving their wages or bonuses in Bitcoin.
Dogecoin and Litecoin also emerged as other leading choices, with 14% and 16% of surveyed employees respectively favouring these cryptocurrencies for compensation. Interestingly, Gen Z workers — those born between 1997 and 2012 — showed the most enthusiasm, with nearly 40% expressing interest in receiving their pay in crypto. Millennials followed with 32%, while just 23% of Gen X workers shared the same sentiment.
The study also highlighted the growing appeal of crypto within the business lending sphere. Around 25% of business owners indicated they would consider taking a crypto loan to expand their operations, with sectors such as IT, retail, and finance leading this trend. Among those surveyed, 10% of businesses plan to actively pursue crypto loans in 2025, with Gen Z and millennial business owners leading the charge.
About author
DW Team
The GIP Digital Watch Observatory team, consisting of over 30 digital policy experts from around the world, excels in the fields of research and analysis on digital policy issues. The team is backed by the creative prowess of Creative Lab Diplo and the technical expertise of the Diplo tech team.
