Crypto Job Listings on LinkedIn Surged by 395% in 2021

Last year, job listings in the United States using terms like "Bitcoin," "Ethereum," "blockchain," and "cryptocurrency" increased by 395 percent.

Last year wasn't merely a bull market in terms of prices. According to LinkedIn, crypto job searches increased by 395 percent in the United States alone in 2021, outpacing market movement.

Notably, the crypto industry surpassed the broader tech industry, which saw significant growth as well, nearly doubling the number of employment openings. Still, the tech industry's 98 percent boom pales in compared to the 395 percent increase in crypto jobs.

Furthermore, in 2021, no industry was immune to "crypto-ization." The following is an excerpt from a LinkedIn News article about how cryptocurrency is influencing other industries:

While most of the job postings were in software and finance, other industries are also seeing a rise in demand for crypto talent. These include professional services like accounting and consulting, as well as the staffing and computer hardware sectors.

The upward trend is expected to continue in 2022. The top cryptocurrency exchanges are bursting at the seams with job openings: Coinbase has over 250, Kraken has over 300, and Binance, the world's most active exchange, has over 600.

There is a new site for Bitcoiners and Bitcoin (BTC) maximalists: Bitcoiner employment. It currently has nearly 100 Satoshi-approved jobs, thanks to a website dedicated to connecting Bitcoiners with Bitcoin-only businesses.

Crypto compensation is a bigger HR trend for people who are unable to convert careers into crypto. In 2021, the mayors of New York and Miami stated that they would take a portion of their wage in BTC, and seven NFL players have so far chosen crypto over cash salaries.

Although the crypto career transition looks to be increasing in popularity, the LinkedIn audience remains skeptical. The majority of the comments on the LinkedIn article were from perplexed spectators who questioned why crypto is valuable, while one enraged copywriter railed against the industry's shady practices.

Furthermore, given the fact that Bitcoin's price movement has yet to dazzle in 2022, the crypto business may find it difficult to maintain such high levels of human resource expansion.

Several cryptocurrency companies laid off employees during the weak market of 2018. To summarize, BTC activity must increase in order to continue to support employment growth.