Could your next paycheck come in the form of cryptocurrencies? For now, this form of payment is available to a minority. In the first half of 2022, 5% of workers who are in home office received their salaries in the virtual wallet. But there has already been growth: in the second half of 2021, there were only 2%.
This data comes from a research carried out by Deel, startup which mediates the hiring of professionals by companies of different nationalities. The survey was carried out with 100 thousand professionals hired by the institution. Deel focuses on young workers (mostly up to 35 years old) working in finance and technology. Payments were made in the following currencies: Bitcoin, USDC, Ethereum, Solan and Dash.
Latin American virtual wallets were the destination for two-thirds of these payments (67%). According to Exam, the preference and popularity of digital assets can be explained by the economic instability that has been present in the region for some time.
Professionals from Europe, the Middle East and Africa (which are part of one of the subregions of the study) come in second place among those who prefer to receive their salary in digital currencies (24%).
What can you buy with Bitcoin?
Can you use digital currency to buy things in the real world? Yes, even to place an order on iFood. Not directly, like paying with a credit card, but in the form of a gift card.
iFood entered into a partnership with the cryptocurrency wallet Bitfy. Anyone who registers there can buy gift cards valid as a means of payment at restaurants and markets. In Brazil, cryptocurrencies can also be used to buy cinema tickets, real estate, clothes and meals in restaurants.
Can you withdraw Bitcoin in cash?
Yes. The personal finance website Finance One shows that there are two ways to carry out this operation: transferring Bitcoins to a current account or to a credit card.
But that doesn't mean it's a quick or free operation. Exchanging cryptocurrency for paper money is an exchange action, therefore it is also subject to fees, losses and gains.
