News
Demand for Bitcoin Jobs Surging as Price Continues to Climb
Julio Gil-Pulgar · @gil_pulgar | Dec 04, 2017 | 10:30
Like the Internet a few decades ago, Bitcoin is now becoming one of the greatest job creators. In fact, Bitcoin and blockchain-related job listings are at an all-time high on sites like LinkedIn and Dice.
Bitcoin is Disrupting the Job Market
The advent of the cryptocurrency is creating incredible new opportunities in finance, business, and industry. As a result, the demand for Bitcoin-related services is growing exponentially, which in turn is driving the creation of thousands of new jobs.
Moreover, Bitcoin’s rapid evolution to becoming a mainstream financial asset is attracting thousands of new users. As evidenced in the past few weeks, Bitcoin’s skyrocketing price trajectory has driven thousands upon thousands to become Bitcoin exchange subscribers.
Consequently, Bitcoin exchanges such as Coinbase, Gemini, and GDAX have been overwhelmed and shorthanded, unable to respond to such an extraordinary demand. In fact, Coinbase services had to be suspended, for the second time, when Bitcoin’s price was nearing $11,000 USD, on December 1, 2017.
As a result, Coinbase is now flooding the social media and job sites trying to hire workers with skills relevant to cryptocurrency technology. In this regard, Bloomberg reports that the number of job postings is surging on LinkedIn:
Bitcoin-related job postings as a proportion of total listings on LinkedIn jumped more than ninefold in the financial services industry over the past three years and 4.6 times in the software technology industry, according to data from the career-oriented social network.
The New Economic Model Requires Crypto-related Skills
Bitcoin and its blockchain technology, along with other cryptocurrencies such as Ethereum, are creating fantastic new business solutions and good paying jobs.
However, to develop and implement these new business solutions, individuals with skills related to Bitcoin and blockchain technology are required. In fact, LinkedIn reports that there has been a spectacular increase of over 500 percent in crypto-related job postings.
The crypto job market is booming. If you are interested in a career in the emerging field of cryptocurrencies and want to explore available job opportunities, you may wish to visit sites such as Freelancer, LinkedIn, Dice, Indeed, or the Coinbase career website.
What are your thoughts about the correlation between Bitcoin’s price and the demand for cryptocurrency-related specialists? Let us know in the comments below!
Images courtesy of Shutterstock, Pixabay
