Last year, job listings with terms like “Bitcoin,” “Ethereum,” “blockchain,” and “cryptocurrency” increased 395 percent in the United States.
It wasn’t only a price increase last year. According to LinkedIn, crypto job searches increased 395 percent in the United States alone in 2021, outpacing price action.
Crucially, the crypto industry surpassed the broader tech industry, which also experienced spectacular growth, nearly doubling its number of job posts. However, with 98 percent growth, the tech business pales in compared to crypto jobs, which increased by 395 percent.
Furthermore, no industry would be immune to “crypto-ization” in 2021. The LinkedIn News story provided useful information about how cryptocurrency is influencing different industries:
While the majority of job posts were for software and finance, other industries are also witnessing an increase in demand for crypto skills. Accounting and consulting are examples of professional services, as are the staffing and computer hardware industries.
The upward trend appears to be continuing in 2022. The world’s largest cryptocurrency exchanges are bursting with job postings; Coinbase has over 250 opportunities, Kraken has over 300, and Binance, the world’s most active exchange, has over 600.
There is a new site for Bitcoiners and Bitcoin (BTC) maximalists: Bitcoiner employment. It is a service committed to connecting Bitcoiners with Bitcoin-only businesses, and it presently offers nearly 100 Satoshi-approved jobs.
Crypto compensation is a bigger HR trend for people who are unable to convert careers into crypto. The mayors of New York and Miami declared that they will accept a percentage of their pay in Bitcoin in 2021, and seven NFL players have chosen cryptocurrency over cash salaries to date.
Despite the fact that the crypto career move looks to be gaining traction, the LinkedIn audience is not convinced. The majority of comments on the LinkedIn article were from perplexed bystanders who wondered why bitcoin has value, while one disgruntled copywriter lamented the industry’s shady nature.
Furthermore, considering that Bitcoin price movement has yet to dazzle in 2022, the crypto business may struggle to maintain such high levels of human resource expansion.
Several bitcoin companies lay off employees during the 2018 weak market. To summarize, BTC activity must increase in order to continue to support employment development.