Cryptocurrency Used by Nearly 40% of Freelancers

John Vibes

A survey of 1100 freelancers recently conducted by Humans.net, found that cryptocurrency is becoming extremely popular among the self-employed. According to the study, 38% of the 1100 people surveyed said that they have used cryptocurrency before, while 41% had never used the technology, and only 24% had never heard of it.

For many freelancers, cryptocurrency is appealing because there are no intermediaries for payments, even for international transactions, which are typically slow and costly.

Some of the advantages that freelancers found in crypto were illustrated in the graphic below:

humans.net-survey-results-crypto-purpose.png

Freelancers are also drawn to the technology because it allows them to deal with clients who they may not know or trust. Humans.net also found that 29% of freelancers would actually prefer to be paid in crypto than through the legacy banking system.

11% of those surveyed said that they would like to receive a portion of their income in cryptocurrency, while 18% said that would prefer to receive their entire income through crypto.

Earlier this month, Humans.net announced that they will be using blockchain technology for their freelancing platform.

Founder and CEO of Humans.net, Vlad Dobrynin, told Coinpedia that:

"We are using an advanced AI to drive the search process on the platform which will radically alter how we connect online with peers and businesses. People will get swift and accurate search results irrespective of geographical location. By leveraging decentralized networks, power is given back to users ensuring no one can use their data without their permission. In today’s world of data driven economies, this is a radical but far-reaching step."