Right now, freelancers get paid mainly through online digital payment providers like PayPal.
However, the excessive fees inherent to PayPal – with some equating to around 4% – render it impractical for constant large-scale use.
Some say it could ease the transition.
Typical crypto transaction fees amount to mere pennies.
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.
Not only that, a range of blockchain-based platforms are popping up.
Looking to decentralize the freelance bidding process.
So is crypto and blockchain an ally or threat to freelancers?
Watch this replay to find out!