Would You Take Your Salary in Cryptocurrency? Some Did and Lost Big.

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ICYMI: Would You Take Your Salary in Cryptocurrency? Some Did and Lost Big.

is the CEO and founder of the Dallas company STEMuli Technology. The company partnered with the Dallas Independent School District to create an educational metaverse, a virtual world where students can play and learn. It’s already been rolled out to students at the district’s Dallas Hybrid Prep. But, Shead hopes to continue expanding on the company’s digital world. One of her more ambitious ideas is to one day reward students with cryptocurrency.

Others, like employees who opted to receive some of their paycheck in cryptocurrency, aren’t so protected. That's because, like investing in stocks, throwing money into cryptocurrency is always a gamble. A global poll conducted by deVere Group, a financial services company, found that"more than a third of millennials and half of Generation Z would be happy to receive 50% of their salary in Bitcoin and/or other cryptocurrencies."

But, Shead said the crashes have piqued her interest again, largely because the prices of some cryptocurrencies have fallen so low. "I observed the market factors this year and it just didn’t make sense to take the risk early 2022," she said."Perhaps now would be a good time to reconsider. It may be a great investment opportunity."For the last couple of years, local artist Clay Perry has been diving deep into the world of crypto and NFTs.

 

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