Today news
About the same in other media
Survey finds lower paid workers are quitting jobs thanks to crypto profits
Reading now: 178
Data suggests that some low-paid members of the workforce are quitting their jobs after making life-changing crypto gains.
Analytics firm Civic Science posted survey results (weighted according to U.S. census data) on Nov. 1, which shows that 4% of 6741 respondents aged 18 and over had quit their jobs in the past year due to “financial freedom” earned by investing in crypto assets.
Civic then cross-referenced the 4% figure with data from 1,201 respondents based on their annual income who had quit their jobs due to crypto gains.
Almost two thirds of those who had quit their jobs due to 'mad gainz' earned under $50,000 per year — comprised of 27% of those earning less than $25,000, while 37% had a total income of between $25,000 and $50,000.
Read more on cointelegraph.comAbout this in other media
'We are the number two crypto miner in the world, and we see practically no financial return,' says Kazakhstan President Tokayev cointelegraph.com /3 years ago
Price arbitrage a new worry as several crypto platforms crop up economictimes.indiatimes.com /3 years ago
‘It’s the biggest open secret out there’: the double lives of white-collar workers with two jobs theguardian.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
