A recent survey revealed 93% of freelancers around the world want to be paid in crypto or stablecoins. This surge in interest stems from the frustration many face with foreign exchange hassles. Transaction fees and exchange conversions make working with international clients a challenge. Crypto offers a potential solution, streamlining payments and eliminating these roadblocks.
What are the potential risks of receiving cryptocurrency as salary?
A potential risk is that when you start receiving your salary in cryptocurrency, and you see the benefit that it has, it will reduce the chances that you ever have of accepting salary in the future in just Fiat. People who accept their salaries in Crypto can easily invest faster because they simply need to take out the amount they need for their daily needs out of the crypto they have been paid with and leave the rest their investment, on the other side of things people who receive their salary in just regular physical currency, may not find it so easy to invest in cryptocurrency because of some of the difficulties involved in buying.