- North Carolina workers would have each lost $1,866 if they had opted for their salaries to be partly paid in crypto.
- Employees in Montana would have made the biggest losses following the crash.
- Infographic showing crypto salary losses across America.
When these figures were compared across the country, it appears employees in Montana would have made the biggest losses had they chosen to be paid in crypto. The average respondent wanted 69% of their monthly salary in the form of a cryptocurrency. However, this would have resulted in a $4,375.39 loss, as compared to sticking out a traditional salary payment. On the other hand, employees in Arkansas were the least enthusiastic about converting a portion of their salary to cybercash each month, saying they would consider receiving just 10% of their monthly payment in this form of currency, resulting in a comparatively less painful loss of $575.73 over the past six months.
When asked why they would prefer crypto salary payments, 1 in 5 workers said they believed they are more resistant to inflation. Cryptocurrency is often considered a safeguard against inflation, however, as current inflation remains high, and cryptocurrencies have crashed recently, they cannot be considered a long-term inflation-resistant asset.
The poll also found that 29% of employees said they would prefer to receive bonus payments or performance rewards in the form of NFTs. NFTs (non-fungible tokens), are digital assets are collectables created using blockchain technology. These digital assets are traded and bought online, with all linked transactions being recorded on the blockchain. While any person online can view the NFTs, only the buyer themselves has ownership authority.
Lastly, the survey revealed that 19% of respondents said they would be more likely to join a company if the work model was within the metaverse.