Getting paid in Bitcoin will become the norm: deVere CEO

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November 9, 2021 (Investorideas.com Newswire) More than a third of millennials and half of Gen Z would be happy to receive 50% of their salary in Bitcoin and / or other cryptocurrencies, a new survey reveals.

Results of a global survey by deVere Group, one of the world’s largest financial advisory, asset management and financial technology organizations, show that 36% of people born between 1980 and 1996; and 51% of people born in 1997 and 2012 would be happy to pay for their jobs in digital currency.

More than 750 customers under the age of 42 of the organization’s deVere Crypto app were surveyed in the UK, Europe, North America, Asia, Africa, Australia and Latin America.

The research comes as New York City Mayor-elect Eric Adams has announced plans to take his first three Bitcoin paychecks, in his latest move to compete with Miami as one of the major crypto hubs of the United States.

Among the findings, deVere CEO and Founder Nigel Green comments, “The results of this survey underscore what we have long known: that younger generations are embracing cryptocurrencies largely because they are ‘natives’. digital “.

“They have been influenced by the huge boom in technology as adults. They are comfortable with the use and see the tremendous value and potential of digital currencies.

“They seem to trust a decentralized autonomous digital currency and a payment system versus a traditional system where financial institutions and legacy governments are in control.”

He continues, “With over a third of millennials and half of Gen Z happy to receive 50% of their salary in Bitcoin and / or other cryptocurrencies, they clearly believe that crypto is the inevitable future of the world. ‘money. And I agree with them.

“They see the inherent value of digital, borderless and global currencies for trade and commerce in increasingly digital economies in which businesses operate in more than one jurisdiction.

“Cryptocurrencies mean a lot in today’s world.”

The survey results come as Nigel Green correctly predicted Bitcoin would hit new all-time highs – and he did so on Monday night.

The second largest cryptocurrency by market cap, Ethereum, has also reached new highs.

He noted in media Monday morning: “Bitcoin’s gravitational pull on other digital assets will show itself again this week, pulling other major cryptocurrencies as it maintains its own strength.

“We can expect the cryptos involved in the development of financial technologies, such as Ether, Solana and Cardano, to perform particularly well.”

The CEO and founder of deVere concludes: “As interest, demand and regulatory acceptance continue to gain an already impressive momentum, naturally there will be an increasing number of people willing to pay their wages in Bitcoin and other crypto. -coins.

“Indeed, one day that will be the norm.”

e: [email protected]
Phone. : +44 207 1220 925
Twitter: @PriorConsults

deVere Group is one of the world’s largest independent advisors of specialized global financial solutions for international, local affluent and high net worth clients. It has a network of more than 70 offices around the world, more than 80,000 clients and $ 12 billion in consulting.

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