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Demographic groups of Canadians who have not used or are not interested in cryptocurrency: 60% of 56-65 year olds 38% of 36-55 year olds 21% of 23-35 year olds 23% of 18-22 year olds However, all demographics are interested in cryptocurrency investments. 19% of Canadian participants aged 65 and older plan to use digital currencies one day, and at least 30% of other age groups plan to make investments. Tip for SMBs : As studies have found that demographics can affect employees' or customers' opinions on cryptocurrencies, gathering more information on the demographics of your team or customer base could help you take investment decisions or implementation of cryptocurrencies. To gain personalized insights, employee engagement software
and survey tools can be adapted and ask relevant questions to better understand Bulgaria Mobile Number List customers and their financial preferences. More than half of respondents are interested in being paid in cryptocurrency When asked if they would agree to be paid in cryptocurrency in the next 5 years, 66% of Quebec respondents showed interest. 16% are somewhat interested, 33% are moderately interested, and 16% are very interested. While this may influence evolving employee expectations and SMB payroll
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operations , it is important to address the risks that cryptocurrencies carry. Many of those surveyed who said they were interested in purchasing cryptocurrencies in the future attributed their hesitation to a lack of knowledge. A significant number of participants also cited the fear of seeing cryptocurrencies disappear, banned by governments , as well as the risks of fluctuation. These two factors illustrate the lack of knowledge as well as the certainties relating to digital currencies. a graph presenting the reasons for refusing to invest As with any business investment, it is crucial to study the obligations and risks associated with buying and selling cryptocurrencies before taking action. If the investment concerns employee salaries or a possible business model,
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