[2018-03-27] US Students, Payroll Becoming More Involved In Crypto

[feverpitch]

According to recent news media reports, US students and employees tend to deal with cryptocurrencies more often: college students use loan money to invest in digital currencies, while crypto industry workers get paid in cryptocurrency.

According to a survey conducted between March 16-20 by the Student Loan Report, 21.2 percent of college students have used loan money to fund cryptocurrency investment. The students were attempting to take advantage of upward price volatility in Bitcoin (BTC) or Ethereum (ETH) to pay off their debts faster.

https://cointelegraph.com/news/new-data-us-students-payroll-becoming-more-involved-in-crypto

[Gotottack]

I am afraid this is really the thing at present. Imagine they are being paid with cryptos yet the value of cryptos is at a decline as of writing. Notwithstanding such, they are still willing to be paid with it. In short, they are more than willing to gamble on cryptocurrencies' value. This fact alone should already put governments on guard because people have finally found other means to earn with the government doing nothing about it. They always say these people are investing at their own risks. I think it is a meh. They should identify the problem to begin with so as to protect the people.