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- A new study conducted by Linkedin reveals which cities were the most pro active in terms of hires related to the crypto industry.
- 53% of jobs are dispersed throughout the country in small portions
- While places like New York, San Francisco lead the way, places like Miami & Chicago follow.
A recent study conducted by LinkedIn in association with Bloomberg revealed that there wasn’t a single hub for the crypto world unlike the revolutions like Silicon valley in Northern California.
Searching through LinkedIn members in the United States & matching keywords like Blockchain, Ethereum or Bitcoin it was found that 53% of job listings in context to the crypto world were dispersed throughout the country in small proportions.
As the crypto world is jointly found in synchronization to the world of finance, in an obvious fashion it was reported that cities like New York & San Francisco led the way while places like LA, Miami & Chicago followed.
In adjustment to population, cities like New York took the lead and witnessed an 18.3% market share of hires while hiring an average of only 2 -3 people in every 100,000 LinkedIn users. The cities like Austin hired 3 users on exactly the same scale while gaining a market share of only 2%. By adjusting to population, it became crystal clear that medium sized cities had more impact on the crypto world & hires.
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According to the co-founder of Anchorage digital, Mr. Diogo Monica pointed out that most companies after the pandemic, Especially crypto centric companies have moved to the decentralized way of management & are driving a remote workforce. According to few other experts and enthusiasts, it is also believed that the reason behind mid-sized cities gaining traction could be the result of the mass exodus happening from mega cities like New York & California.
Various other cities are also performing at their best to attract the entrepreneurs related to the industry. Earlier, the recently elected New York mayor Eric mayor intends to make the city as the center of crypto world while the mayor of miami, Francis Suarez has announced to collect his Paycheck in Bitcoin.
As cryptocurrencies gain more traction, it is believed that jobs & opportunities around it are visioned to bloom. The United States has taken an libral stance in regards to acceptance & transactions around the cryptocurrencies and is expected to continue playing a major role in crypto economics of the world.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
