How Blockchain and Crytocurrency Can Disrupt The Gig Economy - Flip Chat & Chill - 10/04/2021

OCT 4, 202174 MIN
Virtual Assistant Bootcamp - Work from Home Podcast

How Blockchain and Crytocurrency Can Disrupt The Gig Economy - Flip Chat & Chill - 10/04/2021

OCT 4, 202174 MIN

Description

<p>Right now, freelancers get paid mainly through online digital payment providers like PayPal.<br /> <br /> However, the excessive fees inherent to PayPal – with some equating to around 4% – render it impractical for constant large-scale use.<br /> <br /> Agree?<br /> <br /> Enter crypto.<br /> <br /> Some say it could ease the transition.<br /> <br /> Typical crypto transaction fees amount to mere pennies.<br /> <br /> And when combined with the rapid confirmation speed of a blockchain transaction, this makes cryptocurrency a possibly ideal source of payment for a growing number of freelancers.<br /> <br /> Not only that, a range of blockchain-based platforms are popping up.<br /> <br /> Looking to decentralize the freelance bidding process.<br /> <br /> Whew!<br /> <br /> So is crypto and blockchain an ally or threat to freelancers?<br /> <br /> Let’s find out on October 4, 2021, in our FLIP Chat & Chill at 6 pm.</p>