Analytics firm Civic Science published survey results showing that 4% of 6,741 respondents quit last year due to the “financial freedom” that they gained from investing in crypto assets. Nearly two-thirds of those who quit jobs because of “crazy earnings” earned less than $ 50,000 a year from crypto. 27% of respondents were earning less than $25,000 while working, while 37% had a total income of between $25,000 and $50,000. 15% of those leaving jobs thanks to crypto had an income between $50,000 and $75,000, with only 8% with $150,000 or more.

It is also unclear what constitutes “financial freedom” in this context, as Civic does not provide any explanation or data on what the income of cryptocurrency respondents are. “This data implies that crypto investments may have provided life-changing levels of income for some, while the wealthier owners of crypto use it more as another form of asset diversification rather than source of income,” Civic Science posted.

Advertisements

The poll also found that 11% of respondents were aiming to hedge against the “adverse economy,” 12% were seeking “independence from government” and 11% answered with “other.”

You can read the full survey here.

Author

Write A Comment