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Every fourth Australian wishes to pay in bitcoin, poll finds – news bitcoin news

A new survey has established that one in four Australians want to receive at least part of their salary in cryptocurrency. Although objectives differ among members of this diverse group, the results show that the Australian nation’s overall interest in decentralized digital money remains strong.

4.7 million Australians will accept bitcoin remuneration

A comparison website surveyed among 1,000 Australian residents Finder. The company is actually the first in the country to offer employees the option to take a part of their remuneration in cryptocurrency. The platform has now found that 24% of Australians, or about 4.7 million, are ready to accept bitcoin (B T c) As part of their salary.

Every fourth Australian wishes to pay in bitcoin, poll finds

Of those who would be willing to pay B T c, The Finder reported, 14% said this because they are confident that it is increasing in value, while the other 10% admitted that bitcoin payments would help them invest in digital currency before tax.

Finder personal finance expert Taylor Blackburn noted that cryptocurrency has seen impressive growth over the past year, “despite this in the recent past The drop And sometimes unstable nature. Commenting on the result of the study, Blackburn further emphasized:

With more Australians looking for inflation hedges, yield-bearing assets and alternative investment opportunities, it is not surprising that so many people are willing to pay part of their salaries to bitcoin.

See Australian Generation X and Millennials crypto pay as an investment

According to the survey, Generation X Australians are more likely to see crypto salaries as a wise investment than others. 22% of respondents in this age group think B T c With 19% of millennials, it is even more appreciative over time. For comparison, only 1% of Baby Boomers and 13% of Generation Z share their optimism.

Every fourth Australian wishes to pay in bitcoin, poll finds

Researchers also found that men with higher incomes ($ 100,000 and more) are more interested in bitcoin in general. In addition, male respondents (21%) are more likely to accept B T c The value of cryptocurrency will increase due to their trust paying (8%) compared to women. 13% of male and 8% of female participants, respectively, feel that crypto wages will allow them to invest before taxation.

Despite the positive trends reported in the study, more than half of Australians (55%) are still not interested in crypto remuneration. Another 13% fear bitcoin’s volatility which undermines their confidence in cryptocurrency. Finder also notes that 8% of surveyed Australians have stated that they need to access all the money for each payday.

Is your salary partially or fully paid in cryptocurrency? Share your thoughts on this topic in the comments section below.

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Australia, Australian, Bitcoin, B T c, Crypto, Cryptocurrency, cryptocurrency, employees, Generation X, Investment, Millennium, payment, vote, Remuneration, the wages, the wages, Study, Survey, Tax, the wages

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Avinash is a blogger, Enterprenuer, marketer and author. He is very good affiliate marketer and Product Reviewer.