In the past, businesses tended to hire locally. Cryptocurrency adoption, however, continues at pace, forcing businesses to rethink how to attract, retain and pay global talent.
Opinion by: Nick Denisenko is the chief technology officer and co-founder of Brighty
You can’t fight it. Crypto investments and transactions are on the up. The technology is seamless in crossing borders and making international transactions convenient. Many people report this as a reason for choosing to receive payments in crypto. Using cryptocurrency to pay bills is becoming increasingly popular as digital currencies gain wider acceptance. And, with the number of digital nomads expected to exceed 60 million by 2030, the shift toward crypto has glaring consequences for businesses attracting talent in a global market.
Crypto companies are multinational by default. Spread across the globe, they’re no stranger to paying salaries in crypto. But today, the traditional economy also leans toward crypto payments for a straightforward reason.
