Every year, an increasing number of talented professionals leave their unappreciated positions to work for themselves. People are increasingly seeking independence and self-sufficiency, and working from home is becoming more convenient than ever. Cryptocurrency promotes this transformation by removing constraints and providing total independence to freelancers.
Cryptocurrencies have been around for a long time and have completely taken over the internet. Regardless of their ups and downs, these currencies have already stood the test of time and entered the lives of people all over the world. You might wonder who I’m referring to. Freelancers. If you’re posting a job or looking for one online, there’s a good possibility you’ll meet someone from another country or who works remotely.
Hiring a freelancer or conducting freelance work has always been risky, at least until bitcoin arrived, displacing national currency and ushering in a new era for online workers everywhere.
Change:
Workplaces are no longer the same as they were only a few years ago. People are becoming increasingly interested in freelancing. According to recent estimates, the overall market for worldwide freelancers is expected to exceed $1.5 trillion. This is a large market, as seen by the expanding number of freelancers in the industry.
Everyone in the tech world was raving about Bitcoin’s “new” thing. It was some developing money. Then, as quickly as it arrived, it appeared to suffer difficulties, making it a one-hit-wonder. On the other hand, Bitcoin is still alive and well today, and whether you’re a freelancer or business owner, you should start paying attention.
Challenges for freelancers:
Receiving money is always an issue for freelancers. The most essential is that in the case of direct payments, you don’t always obtain the precise amount from your customers.
For example, if you work as a freelancer and use sites like Fiverr or Upwork, you’re probably aware that those networks withhold 20–30% of your earnings.
That is why, nowadays, most Freelancers choose to get payments in Cryptocurrencies from marketplaces that do not charge an additional cost.
Gooreo, for example, is a platform where you can locate freelancers that accept cryptocurrency payments. For freelancers, the platform offers several advantages.
Benefits of Accepting Cryptocurrencies as Freelance Pay:
· Transactions Fee:
Employers frequently make cross-border payments to freelancers. If you need to send money to someone in another nation, you’ll quickly realize that Bitcoin is the finest alternative. Traditional cross-border money transfers are costly and come with a hefty fee. Cryptocurrency transactions are not only exceedingly rapid, but they also have very minimal costs, regardless of the amount transmitted.
Cryptocurrency payment services may or may not charge a commission, and the user may accept or reject their conditions. However, commissions are often minimal, and if there is a problem with the conditions of some services, there is always the option of finding more advantageous offers.
· Safer exchanges
When it comes to receiving payments and dispensing compensation, cryptocurrency offers a new level of security. Cryptocurrencies promise a level of security far beyond anything that has come before, thanks to mechanisms like Multi-Signature Escrow and Double Deposit Escrow. The first option employs an objective third party who must allow the exchange of services if the parties are unable to reach an agreement, essentially acting as a safety net if the parties cannot agree on something.
The latter leverages the consumers’ money to incentivize them to do business systematically. Both parties make deposits that can only be refunded if the contract is completed; otherwise, they would both lose money.
· Decentralization
Decentralization is intended to eliminate single points of failure and prevent the entire system from failing. Cryptocurrencies let users make safe peer-to-peer payments without the need for a financial intermediary. Consequently, consumers have complete control over how they use their assets.
Furthermore, blockchain technologies enable the creation of financial systems that are independent of central banks and government acts. It will be impossible to depreciate the Bitcoin cryptocurrency intentionally at any time to serve the interests of a specific segment of society.
· Complete and total transparency
Many businesses ignore their books, resulting in the difficulty of attempting to conjecture what happened. Using bitcoin gives an extremely secure and simple-to-use system that keeps track of every transaction that ever occurred. This gives an in-depth insight into the company’s day-to-day activities and a way to track sales data efficiently. This is especially beneficial for businesses involved in software development and web design because the bulk of transactions is completed online.
Security: A significant feature of cryptocurrencies is their high level of security, which is given by contemporary encryption technology, which means that outsiders cannot access another person’s wallet without possessing a sophisticated cryptographic key. This guarantees that current savings are safe and secure, with little chance of theft.
· Global Adoption
Bitcoin stands out because of its wide range of applications. You can now buy everything with Bitcoin, including plane tickets, clothes, computers, and games, as well as vehicles, apartments, and a plethora of other items. Thousands of businesses, including Microsoft, Travala.com, PayPal, KFC, and others, accept Bitcoin payments. Furthermore, Bitcoin is the most liquid asset, as it is traded on all crypto exchanges. You will also have no trouble converting Bitcoin to fiat cash because all current fiat gateways support Bitcoin.
Gooreo Platform
Gooreo is a first-of-its-kind marketplace platform for worldwide freelancers that accepts bitcoin payments flexibly, quickly, and cost-effectively. A new autonomous crypto hub performs fast, low-cost transactions with no hidden costs. The Gooreo coin powers the Gooreo platform. Gooreo also hosts GoFioo, a built-in DeFi investing engine for crypto investors.
Conclusion:
More and more professionals are opting to become freelancers and work for themselves these days. It’s no surprise because this is a fantastic opportunity to become self-sufficient, independent, and free. You have the freedom to work from anywhere in the globe at any time of day. Bitcoin, in turn, contributes directly to the advancement of this field of endeavor. Accepting BTC as a form of payment gives you even more flexibility, and it also comes with a slew of benefits. You may attract consumers worldwide, boost your reputation, and raise your earnings by taking Bitcoin for your freelancing services.
