Is Bitcoin Giving People Jobs?
By Space Coast Daily // January 16, 2022
From young investors to renowned celebrities, no one is left untouched by the incredible set of opportunities that Bitcoin is offering today. After witnessing a dramatic surge in popularity, cryptocurrency has not only changed the financial ecosystem but also brings overwhelming employment opportunities.
This decentralized asset has revamped the entire phenomenon on which the financial intermediaries operated on.
Bitcoin is one of the most popular digital currencies in the world that continues to attract investors from all corners of the world. From lower-income workers to women of all ages, everyone has displayed their keen interest as the concept is considerably easier to grasp in comparison to the stock market.
Saturated Job Platforms That Seek Bitcoin Enthusiasts
The exclusive demand for cryptocurrency will inevitably produce a large number of jobs in the crypto industry. Bitcoin has already witnessed millions of large enterprises, innovators, developers, and personal investors capitalizing on the unfathomable opportunities.
The increasing number of job roles include terms like “cryptocurrency”, “bitcoin” or “blockchain”. It depicts a whole new scenario that we are currently a part of and will continue to thrive exponentially.
Prominent job platforms such as, Indeed, LinkedIn is actively looking for proficient individuals who are passionate about the concept of digital currency. In addition to this, industry leaders have also displayed their innate desire to recruit individuals in the crypto domain. From Amazon to JPMorgan Chase and Apple to PayPal, they are all in pursuit of the right candidates who can fulfill cryptocurrency roles passionately.
Conventional Mindset Can’t Survive Against Multi-Dimensional Concepts
Bitcoin has shaken the entire apparatus of financial intermediaries and conventional governance that used to earn humongous wealth from people. They thrived by acting as a third party between the two parties involved in a transaction. However, this concept is soon expected to be eliminated as more people get acquainted with the concept of cryptocurrency. Companies and investors have already acknowledged the longevity and validity attributes of the crypto industry.
Below mentioned are some of the prominent roles that Bitcoin offers to the people who are actively looking for work in the crypto industry:
■ Financial Analyst
■ Fraud Specialist
■ Backend Engineer
■ DevOps Engineer
■ Data Scientist
■ Machine Learning Engineer
■ Security Architect
In addition to the jobs mentioned above, there are a plethora of other job roles that provide incredible opportunities to earn a hefty amount. The AI engineers are exclusively entrusted with the task of developing and monitoring the complex algorithm that constitutes AI. This is done to ensure impenetrable security and protect the crypto exchanges through enhanced cybersecurity.
These engineers also work towards resolving the troubleshoot problems to help investors in making precise trading decisions. However, there are some prerequisites that AI engineers are required to have sound knowledge of. This includes familiarizing themselves with the frequently used programming languages such as Robotics, Python, Statistics, Linear Algebra, etc.
Will Industries Entirely Shift Towards Bitcoin?
Bitcoin has massive prospects for people that possess superior tech skills as it is a predominant requirement in landing a perfect job. Highly acclaimed job platforms like “Monster” are filled with Bitcoin jobs and the demand has surged exponentially in the last five years. Finance, Real Estate, Healthcare are among the numerous industries that have hired associates to steer the business forward.
The demand for experts and scholars in data science has gone through the roof ever since blockchain technology made its long-lasting impression. They leverage the strong skill set that is derived from their analytical background in tandem with perfect communication skills. Bitcoin has enabled seamless and effortless cross-border transactions along with the chance to make anonymous payments and how is cryptocurrency used in the real world.
Other Job Prospects That Might Match Your Skillset
Accountants have also been provided an extremely opportunistic environment as companies that accept payments in Bitcoin require these accountants to work for them. They are supposed to prepare financial reports, coordinate the billing process, fulfill tax commitments, etc. Furthermore, they are required to develop and refine the accounting policies of their employers in alignment with the crypto industry.
Blockchain technology thrives on its prominence that is provided by mainstream media outlets and journalism. Hence, journalists can also make the most of the opportunity that Bitcoin provides them in reshaping their careers.
It is quite evident that Bitcoin has taken the financial ecosystem by storm and continues to dethrone the conventional concepts. With the massive pace at which jobs are being generated by Bitcoin and the crypto industry, it is just a matter of time when Bitcoin will replace the financial intermediaries. If you tend to possess the right skillset that is compatible with the cryptocurrency, then the sky is the limit for you.