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We Haven’t Even Begun To Scratch The Surface Of Potential Bitcoin Jobs

06/08/2022 by Idelto Editor

There are numerous new types of jobs since the internet first gained popularity. Bitcoin will experience a similar growth trajectory as more jobs are created.

This is an opinion editorial by Peter Conley, a product advocate at Vercel and a contributor for Bitcoin Magazine.

How big can Bitcoin jobs, infrastructure and opportunities get as a whole? Not “crypto” as a whole — just Bitcoin.

The Bitcoin network is growing at the same pace as the internet.

We are well aware of the size of the “monetary value” this network holds. As of writing, bitcoin has a global market capitalization of around $445 billion. What about the size of “employment value” it can produce?

In 1999, the job title iOS engineer didn’t exist. If you do a basic search on LinkedIn you’ll find over 33,000 open roles with that title alone. These are open job positions, not the number of people already employed in that position. In 2002, front end React developer jobs did not exist. On LinkedIn, you’ll find over 47,000 open roles at the time of writing. Same with “AWS Engineer” — nonexistent in 2004. Now? 203,000 job openings. Get where I’m going with this?

A similar trend is occurring in the Bitcoin space. In 2013, bitcoin mining and Wallet communications lead, Lightning infrastructure engineer and bitcoin mining operations manager positions didn’t exist. Not one. Now there are dozens if not hundreds of these types of positions available.

What will these opportunities look like in 2038? Will the LinkedIn (or equivalent) search for “Lightning engineer” return 10,000-plus results?

Breaking Down Bitcoin Subsectors And Potential Bitcoin Career Paths

Let’s explore the current subsectors of Bitcoin to lay out existing and future opportunities:

Bitcoin Education

We’re still early. If Bitcoin is the internet, it’s 1997. People will crave useful educational content in order to understand bitcoin’s importance and how to buy it, trade it, store it and transact with it.

Do you remember the 1990s, when people tried to explain to you how important the internet will be? Remember when major news anchors didn’t know what email was? Remember when Dave Letterman laughed in the face of Bill Gates when he tried to explain the importance of the internet?

We’re in the same exact spot on the timeline if you map Bitcoin to the internet — it’s practically the same story. Because of this, there will be a market need for great communicators to inform the public of bitcoin’s importance.

Some of my personal favorite educators in the space are: Robert Breedlove, Lyn Alden, Michael Saylor, Natalie Brunell and Jeff Booth.

Bitcoin Mining Jobs

Examples of mining companies are Cathedra, Marathon, and Compass Mining. Currently, the bitcoin mining sector has the most public companies and the largest measurable market cap compared to other types of Bitcoin companies.

Bitcoin mining could potentially be the largest subsegment, both in terms of market cap and employee count, simply because the bitcoin mining process needs a large amount of physical infrastructure and capital expenditure.

Bitcoin Engineering Jobs

Inventions we cannot foresee will be created on top of the Bitcoin protocol. Were the engineers at the Defense Advanced Research Projects Agency ever capable of predicting e-commerce or online dating when they first invented the internet? Was Alan Turing ever capable of predicting smartphones after he created the world’s first computer? Now, look at how many innovations were built on top of those core breakthroughs.

I don’t think, back in 2009, Satoshi Nakamoto ever mentioned concepts like seed phrases, multisignature wallets, and the Lightning Network, but here we are.

The opportunities are endless here. If you can dream it and code it, you can make it a reality.

Bitcoin Mining Pools

In addition to bitcoin mining companies, there are entirely separate “mining pool” companies, like Foundry. This can be an entire subsector in and of itself. Mining pools are similar to financial service companies and process efficiency companies for the miners. Mining pools de-risk the variable rewards from the mining process and allow more participants in the network to have stable sats flow.

Bitcoin Exchange Jobs

The need to convert USD to BTC will always exist until fiat currencies completely collapse. That’s where bitcoin exchanges come in.

Exchanges were some of the first — and now the richest — bitcoin companies. Examples are Kraken (started in 2011) and Coinbase (started in 2012). Most of them have since pivoted to offering cryptocurrencies at large, but there are exceptions: Swan Bitcoin is a bitcoin-only exchange. Expect this space to expand as more altcoins like Terra/LUNA start to implode.

Bitcoin Software Wallet Jobs

The scope at which bitcoin wallets will be embedded in nearly every user interface (both physical and digital) will be mind-bending. They will be as ubiquitous as email addresses or credit card submission forms. Every machine and website that accepts cash, credit cards, wire transfers and PayPal will be complemented — if not entirely replaced — with bitcoin wallets.

You’ll also need multiple kinds of wallets. One as a quasi-checking account (hot wallet) and another as a savings account (cold storage). There will be a need for implementing these wallets into existing businesses and there will be a need for education about how to transact with the Lightning Network, how to manage a hot wallet and cold storage wallet and how to calculate tax events.

Bitcoin Custodians

Custodians help users hold a backup key for multisignature wallets. They even have services that specialize in this service for institutions, not just individuals. Two of the biggest players in this space are Casa and Unchained Capital.

Bitcoin Hardware Wallets

You’ve probably heard of the hardware wallets Ledger and Trezor, but have you heard of ColdCard? ColdCard specializes as a bitcoin-only hardware wallet.

Expect the hardware wallet space to get more creative and inventive. We’ve only just started to scratch the surface on cold storage approaches.

Bitcoin Node Producers

Bitcoin nodes are the specialized hard drives that host the ledger of all bitcoin transactions dating back to the first block in January 2009. There are several companies that make and sell these specialized mini servers. Some include Nodl, RoninDojo, and The Bitcoin Machine.

As the market cap of bitcoin grows, more people will have skin in the game leading to more people wanting to decentralize and protect the network.

Bitcoin Physical Products

The sky’s the limit for bitcoin physical products. Opendime is a great example.

Other examples include the BLOCKCLOCK by Coinkite. Then there are steel-based devices for backing up keys like Codl’s Punchplate or the CypherWheel by CypherSafe.

Bitcoin “Bridge” Services

Professional services won’t go away, they’ll just shift to the bitcoin standard. People will still need in-person help to transition to the financial system like bitcoin cold storage consulting.

New paths are new business opportunities. A great example would be the mortgage market. Are you bitcoin rich but fiat asset poor and trying to get a mortgage? Look no further than Hoseki, an emerging technology to prove your holdings without surrendering custody.

As new needs become apparent, more and more business solutions and full-time work opportunities will arise for helping others with onboarding to the Bitcoin network.

This is a guest post by Peter Conley. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.

Filed Under: Bitcoin Magazine, business, English, Innovation, jobs, LinkedIn, Opinion

Bitcoiner Jobs Wants To Get You Working Full Time In Bitcoin

18/05/2022 by Idelto Editor

A new service is aiming to bridge the gap between employees who want to find work in the Bitcoin industry and employers at Bitcoin companies.

We spoke with the two people who are part of the team behind the popular website, Bitcoiner Jobs, geared toward the orange-pilled workforce. Nathan Dennis and Cory Klippsten cocreated Bitcoiner Jobs with the goal of connecting Bitcoiner employers with Bitcoiner employees. Many Bitcoiners are interested in making the leap from the fiat-mining jobs and finding a career in Bitcoin. Often, those people are unsure of where to start. It’s not common to find a college program in “Bitcoin Studies” churning out candidates, and most companies are looking for prospective candidates to demonstrate proof of work as opposed to having fancy credentials anyway.

Working full time in Bitcoin can mean various things and not all roles are related to software development or coding. This author found work through the website as an editor at Bitcoin Magazine. Categories on the Bitcoiner Jobs website range from engineering to marketing to finance to legal to customer operations to logistics. There are a wide variety of opportunities for those interested in working both remotely and locally. Bitcoiner Jobs provided us with statistics for their site below:

  • 898 jobs posted
  • 3,530 direct job applications using native forms
  • 140+ employer accounts approved
  • 2,580 job alerts created for their weekly jobs letter
  • 1,269 job seeker accounts signed up

We sat down with Klippsten and Dennis to learn more about the story of Bitcoiner Jobs and how they plan to continue its growth.

What prompted you to start Bitcoiner Jobs?

Klippsten: Like many of the best products, we built something that we needed, and it turned out others needed it too. We were getting so many job applicants in the first half of 2021 that it was turning into a part-time job to help them try to find roles across the many companies in the Bitcoin ecosystem. I needed a platform to facilitate that and take me out of it.

My first attempt to scale was posting candidate profiles as Twitter threads, and that quickly resulted in a few matches. Serendipitously, within a week or two I was randomly introduced to the CEO of a SaaS [software as a service] company specializing in niche job boards as a service, and it fit the bill perfectly. The next step was to find someone who could build what we needed, and I was lucky to find Nathan in the Bitcoin Twitter community. He quickly outpaced a couple of other candidates in terms of ideas and output, and built a beautiful first version for launch. After we got to know each other better, it was obvious that he could add a lot of value at Swan in addition to Bitcoiner Jobs, so by the end of Q3 we agreed to roll both Nathan and the site under Swan.

I wanted to do this on the side, and Nathan just took the reins and was absolutely crushing it and delivering a beautiful work product and was passionate about it. He had human resources experience, so he understood the pain points and exactly where to spend time, so we just had a very natural collaboration right out of the gate. It moved really, really, really fast. Once we had Nathan in place and the SaaS tool, we were able to get a product out pretty quickly. We determined the branding, Bitcoiner Jobs, which fit with this message that Bitcoin’s going to be fine; Bitcoiners need lots of help.

What’s been the reception among the employers and potential employees?

Dennis: The response has been great from both sides. Employers have shared that one of their biggest challenges in recruitment is finding candidates that are aligned with their mission; Bitcoin has fixed this, so it’s no surprise that the majority of Bitcoin projects and companies — around 140 of them — have signed up with Bitcoiner Jobs to find talent as our site meticulously filters out any non-Bitcoin companies. Another key feature that has been helpful is we do not charge companies to post their jobs and they have unlimited slots. This is very important for startups as they have more important things to be allocating budget to and in most cases would end up having to pick one or two jobs and pay hundreds of dollars per post with no guaranteed value-add. As Gigi says, information wants to be free and job posts are just information that lives on company websites. This is also extremely important for open-source projects looking for more contributors.

For employees, providing a place for all Bitcoin jobs has been a game changer for job seekers looking to work on Bitcoin and Bitcoin only. Before Bitcoiner Jobs, it would take a lot of time and research to find out who was hiring in the space; this is a struggle I personally felt when I knew I wanted to dedicate the rest of my working life to Bitcoin.

As we know, the Bitcoin community rocks and this has worked its way into the job seeking community. We celebrate Bitcoiners who have landed their dream job and we promote those looking to leave their fiat job, so we can band together and help as many Bitcoiners as possible.

With it being so early and the number of job seekers outweighing available jobs, a lot of Bitcoiners are looking at how they might transition into the Bitcoin ecosystem, as their professional career to date may not align to current needs. This is something we are very aware of and are working hard at providing a solution for.

What kind of growth do you see for Bitcoiner Jobs?

Dennis: Bitcoiner Jobs has been growing in lockstep with the Bitcoin industry and will continue to do so, with a push to go beyond Bitcoin companies and working its way into Bitcoin teams at companies across an array of industries.

The U.S. currently leads the way with companies and hiring but this is starting to level out with companies popping up in all regions across the world and the beauty of working on Bitcoin is that we are already global, the mindset is there and so is the talent.

A key area for growth over the coming months and years will be education and being ready to support multiple companies as they enter hypergrowth stages. This is going to be very exciting.

What types of features do you hope to add to the website?

Dennis: We are actively planning version two and recruiting a team of Bitcoiners to make this a reality. There are many key features we want to work on. By improved searching and matching functionality for employers and job seekers, we can help streamline the shortlist for employers and a shortlist of jobs for the job seekers. As this balloons — and we know that it is going to balloon — it’s the Bitcoiner industry rather than just the Bitcoin companies. Bitcoiner Jobs is focused on the people. We plan to have that functionality because people aren’t going to be able to search through thousands of jobs.

A big issue with LinkedIn is the model for companies and recruiters to contact you is a monthly cost so what you find is you’ve effectively got recruiters and a talent team spamming anyone that has one word that matches the search in their profile. They haven’t done any research; they haven’t read the candidate’s profile. They’re just saying, “Right. You’ve got this word on your profile and we’re going to spam you.” I know this because this is a process that I used to use in my previous days in HR and recruitment. I’m thinking about how there needs to be an economic incentive for people or a cost for people to reach out and engage.

There is a potential to have a messaging function where people that want to talk to you need to put in their own work rather than just posting a wide net and hoping that people reviewing come back.

We also want to adjust the UX [user experience] to account for Bitcoiners looking to hire Bitcoiners at any company; this is a big focus for us as the current supply of jobs is not enough to satisfy the demand from jobseekers. What we have to understand is that not every Bitcoiner should just go and retrain to be a software engineer because then we’re going to end up with too many software engineers and not enough people building houses or wiring houses or fixing things. It’s all of these different lines of work that people are passionate about, and they shouldn’t lose that passion just because Bitcoin is there. Bitcoin is for everyone, so it would be really cool if I was a construction manager and I want to hire an electrician, but that electrician is a Bitcoiner. Like how much fun are we going to have on site? Wiring the house, having fun, but we’re listening to podcasts instead of the local radio and all these different things. It’s about collecting the people. It goes far beyond just Bitcoin product companies.

We want more engagement with the open-source community and connecting contributors to projects. Lightning can be integrated in features such as headhunting bounty programs, where people unlock certain sats as they work their way through the bounty and it gets accepted by the project. It’s important to understand how misaligned incentives are in the recruitment industry. If you’re a really good recruiter that’s got a network in the Bitcoin industry then you can do headhunting bounties powered by Lightning escrow where if they [the candidate] get interviewed, that’s a little [reward]. You get paid for that. That’s how the recruitment industry could be cut up into segments where you’re not just doing all of the work upfront for free. The employer is actually seeing that there’s a cost to the recruiter and they’re not just sending 10 resumes with buzzwords on profiles and just hoping that one person gets the job so they can get that recruitment bonus.

There’s lots of funky ideas that we can realign incentives from a recruitment perspective using Lightning.

We also want to extend partnerships with educational partners to help scale engineering recruitment across the industry. I think the key thing is continuing to give back. It’s the building of a network of open-source projects so that the people who are available to work in Bitcoin can have an easily accessible directory of all the open-source projects in one place that’s constantly being updated with bounties. We want to help people understand how they can get involved. It doesn’t have to just be contributing to open-source by coding. It could be documentation. It could be testing.

A big majority of the big Bitcoin product companies are going to build the tools and solutions that we need, so as Bitcoiners, we need to be aware of the bottleneck of engineering talent that isn’t just experienced in our industry, it’s something that’s experienced [everywhere in tech]. As technology takes over, everything is building relationships with educational programs, like the Chaincode [Labs] seminars, Base58, Qala, Summer Of Bitcoin. So that as they train these engineers in Bitcoin, we can then propose those trainees to the Bitcoin companies and just have a slide with all of the engineering talent coming through and we can be a hub to connect that network.

Do you have an estimate of how many people have found work through your site?

Dennis: This is something we are not able to track as we support multiple application processes. We have native application forms, email and external job application links, depending on how the employer manages their recruitment process.

However, we have heard a lot of success stories from employers on the site and we have personally experienced the power of Bitcoiner Jobs at Swan. Some of our favorite feedback from companies who hire through Bitcoiner Jobs:

  • “Bitcoiner Jobs is a lighthouse in the fiat storm, a refuge where those who value freedom can find one another and build together.” – Start9 Labs
  • “Bitcoiner Jobs got us access to hundreds of applicants within days. Highly qualified individuals, culture fit, and talent that we could not find anywhere else.” – Voltage
  • “Bitcoiner Jobs is how I landed a game-changing career in an industry that aligns with my personal interests and values. Best of all, the first person I went on to hire also found us through Bitcoiner Jobs! There’s no better way to find high-quality talent from around the world who have put in the work and decided to become laser focused on the same standard.” – ZEBEDEE
  • “Bitcoiner Jobs has been an amazing place to post our open roles! In the few months we’ve posted there, we’ve been able to fill multiple roles. Highly recommend using them if you’re hiring!” – Blockstream
  • “Bitcoiner Jobs has a unique ability to deliver mission-oriented, high-quality individuals across a wide range of job disciplines. We have thoroughly enjoyed the diverse pool of talent that Bitcoiner Jobs has delivered and they have helped us improve our time-to-hire on multiple positions at Strike.” – Strike

Have you found a job in the industry through Bitcoiner Jobs? Email us your story!

This is a guest post by Craig Deutsch. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.

Filed Under: Bitcoin Magazine, Bitcoiners, business, Employment, English, Feature, industry, jobs, swan bitcoin

The Why And How Of Getting A Bitcoin Job

22/04/2022 by Idelto Editor

If you’re dedicated to Bitcoin, getting a job in the industry can be incredibly rewarding as it fulfills the desire to advance the technology.

Coming off the Bitcoin 2022 conference, you might feel a little down from the high of meeting and spending time with Bitcoiners. I’ve also found that going to these events leaves you with an additional sense of urgency to do something more, or to become more involved somehow. One way to do that is to participate in Bitcoin projects or work in a Bitcoin job. At Bitcoin 2022, I spent time at the Bitcoiner Jobs booth hanging out with some fellow Swan employees and Bitcoin-job-hopefuls. Here are a few insights:

First, Why Do This?

There are a few main reasons why people work in a Bitcoin job:

  • You think Bitcoin is the most important thing, and you can’t think of any other industry that would be more exciting or energizing to work in.
  • You see a massive opportunity to be early in this space.
  • Some Bitcoiners are unemployable in other industries due to their attitudes or mindset.
  • You HODL a bitcoin bag and want to do what you can to help more precoiners and newcoiners find their way into Bitcoin.
  • Bitcoin companies are generally remote-working friendly.
  • Bitcoin companies will usually give you the option to be paid in bitcoin.

When working directly in a Bitcoin job, you work with other like-minded individuals on a shared cause. It feels great to have that shared vision about what’s wrong with today’s fiat world and to work together on building out the new world of tomorrow. When you work together with other Bitcoiners, you feel less need to self-censor than in a fiat job. You feel more connected and as though your work is making a difference.

Working at a Bitcoin company can give you a similar vibe to attending Bitcoin conferences and meetups.

The Trade-Offs Versus Fiat Jobs

To be clear, this isn’t for everybody. Some people are just earning too much at their fiat job to think about giving it up. In these cases, it’s “chop wood, carry water.” Keep stacking that fiat and converting it into bitcoin whether you are purchasing, earning or mining.

Taking a Bitcoin job would be trading off on income for those with specialized skill sets. It is similar to the trade-off of working at a FAANG company for the high pay and stock options versus the higher risk play of working in a small tech start-up where you get some equity and have more upside if the start-up gets bought out.

What Ways Are There To Get Involved In Bitcoin?

You could find a Bitcoin open-source project to contribute to, take a job in a Bitcoin company, or even start a company serving the industry. If you’re an enthusiast closely following the industry, there’s a good chance you can spot gaps or unmet needs — perhaps you could build out a product or service to help? Contrary to popular opinion, you don’t necessarily have to be a developer to contribute. You could be a writer, work in customer service, have transferable skills from the energy industry, or perhaps work in sales, design, operations, or many other roles.

Bitcoin has a thriving ecosystem, much of it screaming out for the right talent to join. If you want to get into Bitcoin development and contribution, look into organizations such as Blockstream, Chaincode Labs, Spiral, MIT DCI, HRF Bitcoin Development Fund, and Brink. Various exchanges and Bitcoin companies sponsor developers. There are programs to support and train Bitcoin and Lightning developers, such as Qala (see my interview with Abubakar Nur Khalil) and Summer of Bitcoin. There’s also Base58.info by Lisa Neigut of Blockstream, and Programming Bitcoin by Jimmy Song.

Finding A Bitcoin job

So what does it take to find these kinds of jobs? You can search on platforms like BitcoinerJobs.com and post your profile there. You can network and meet people at Bitcoin conferences, events, and meetups. Having open-source contributions or prior Bitcoin company experience is a plus.

Building up your portfolio of work in the space and becoming known for a specific thing will help in any job application process, and it might even help jobs find you. In some cases, a person does a job in the area “for free” but later gets paid to continue doing that work, or at least something related. In other cases, I’ve seen people create their own jobs by starting or contributing to a side project that later becomes a full-time business.

For example, some individuals start by producing educational content on Bitcoin, Lightning, security, and/or privacy topics and later get hired by a Bitcoin company to continue creating this material in-house or working as customer technical support. Others start consulting services to teach these concepts.

Building Up Your Profile

There are various ways to support Bitcoin and open source projects, as you can make contributions in multiple ways:

  • Helping with documentation or writing tutorials
  • Suggest new ideas or features and feedback to developers
  • Spread the word in some meaningful way
  • Code or code review
  • Research related to the project

If you want to hear more about making contributions to Bitcoin open-source projects and how this can dramatically improve your Bitcoin career prospects, check out my interview with Rockstar Developer and Pavlenex of BTCPay Server.

Make the most of Bitcoin conferences and events, especially if you meet Bitcoin company leaders or staff and outline how your skills or enthusiasm will help in a particular role.

Bitcoin Employers

Generally, Bitcoin companies benefit from hiring Bitcoiners. You get more passionate and motivated employees who genuinely care about the cause. Sure there’ll be some Twitter shitposting while on the job, but this will be more than made up for by the reduced need for training on Bitcoin. Bitcoiners as staff will also help you recruit other Bitcoiners to the team and help create the right kind of company culture too.

In Summary

If you’ve just got this background feeling that fiat job life isn’t for you, definitely look into taking a Bitcoin job. I know people who have taken pay cuts to work in a Bitcoin company who did not regret their choice. It allowed them to work on something they were genuinely passionate about with a team that shared a similar purpose. Whether you want to contribute to Bitcoin open-source projects or work in a Bitcoin company, best of luck out there, there is a lot of work to be done!

This is a guest post by Stephan Livera. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

Filed Under: Bitcoin Magazine, business, English, Feature, industry, jobs

Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations

16/10/2021 by Idelto Editor

Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations

Authorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry is considering whether to revoke previously issued crypto licenses and restart authorization from scratch.

Licensed Crypto Companies Register Millions in Turnover, Estonia Gets Little

With only around 1.3 million people, Estonia is one of the least populated member states of the European Union and the Eurozone. However, the small nation has become a magnet for a large number of crypto companies attracted by the friendly regulatory regime it established a few years ago.

These firms process transactions for more than 20 billion euros, equal to over 40% of the cross-border transfers in the local banking sector, according to an interview with Matis Mäeker who heads the Estonian Financial Intelligence Unit (FIU). Only one in 10 companies has a bank account in the country.

Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations

The Estonia-licensed crypto businesses have at least 5 million customers around the world, Mäeker revealed speaking to the Eesti Ekspress newspaper. He added that more and more often the anti-money laundering agency identifies entities that have almost nothing to do with Estonia and its market.

Many of them neither invest nor create jobs in the country, the official remarked. Their only aim is to acquire an Estonian license allowing them to process serious amounts of money, from which Estonia does not receive anything.

The FIU executive said that if officials in Tallinn had been able to predict the risks associated with crypto companies back in 2017, they would not have allowed the ensuing explosive growth. “Definitely the decision would have been different. We are learning… the entire world is learning,” he commented for Bloomberg.

Head of FIU Supports Rescinding All Crypto Licenses

Since late 2018, the government in Tallinn has been tightening its regulations for the crypto industry. Authorities have so far revoked around 2,000 licenses issued to crypto service providers such as exchanges and wallet operators.

Earlier this year, officials indicated they were planning to introduce even stricter regulations. A new bill has been drafted by the Finance Ministry and is currently being discussed with other institutions. The legislation is likely to introduce higher capital requirements and annual audits for crypto companies along with due diligence thresholds on transaction volumes.

Matis Mäeker wants to go even further. Asked what the government should do, he told Eesti Ekspress that Tallinn has to “turn the regulation to zero and start licensing all over again,” agreeing with the publication that authorities should revoke all permits and issue new ones. The FIU chief said:

We will toughen our supervision, we will toughen our approach which concerns the market entry.

Later, the Financial Intelligence Unit told the crypto news outlet Forklog that it is not considering an automatic cancelation of all previously issued licenses for crypto-related activities. The agency added that it supports the upcoming regulations which will also increase its own powers in the authorization process.

Do you expect Estonia to adopt new tougher licensing rules for crypto companies? Tell us in the comments section below.

Filed Under: AML, bill, crypto, crypto regulations, Cryptocurrencies, cryptocurrency, English, Estonia, estonian, financial intelligence, fiu, Investments, jobs, Law, Legislation, License, licensed, licenses, licensing, licensing regime, Matis Mäeker, News Bitcoin, Oversight, Regulation, Regulations, regulatory regime, rescind, revoke, rules, supervision

Employment Search Websites Show a Vast Amount of Jobs in the Bitcoin and Blockchain Industry

03/04/2021 by Idelto Editor

Employment Search Websites Show a Vast Amount of Jobs in the Bitcoin and Blockchain Industry

As the crypto economy has swelled to close to $2 trillion in value globally, the businesses and operations behind it continue to expand. This means that a great number of companies are hiring and a quick look at popular online directories shows there’s a slew of jobs available.

Bitcoin and Blockchain Employment Opportunities

The aftermath of the coronavirus and the lockdowns caused a number of individuals to lose their employment. However, many of these people might not know that the crypto industry is bustling with jobs and the number of companies hiring can be staggering. For instance, a monster.com query shows there are 1,970 jobs available under the search term “bitcoin.” The number of employment opportunities increases to 2,989 jobs if the individual uses the term “blockchain.”

Employment Search Websites Show a Vast Amount of Jobs in the Bitcoin and Blockchain Industry
You might not know about it, but the cryptocurrency and blockchain industry is hiring thousands of people to fill certain roles.

The jobs posted to Monster.com’s indicate that employers are looking to hire chief technology officers (CTO), client services associates, compliance officers, developers, investment advisors, product assessors, brokers, copywriters, journalists, editors, data scientists, marketing officers, social media associates, public relations and more. Companies hiring include firms like Einstein AI, Black Pen Recruitment, Square Inc., Crypto Transport, and Flipside Crypto.

The popular online job search tool indeed.com shows 824 jobs using the term “bitcoin” and 4,589 jobs under the search for “blockchain.” The jobs on Indeed.com’s search engine stem from employers like Kraken, Bitcoin of America, Energi, Binance, and Bitcoin IRA. Jobs on Indeed.com offer careers like sales managers, over-the-counter (OTC) options traders, intelligence data analysts, software engineers, brand designers, research analysts, social media associates, editors, product assessors, and brokers.

There are also freelancer gigs available with sites like venezuelaworkers.com, cryptojobslist.com, blockew.com, and Freelance for Coins. The service venezuelaworkers.com allows people to “hire the best freelancers for any job, [and] pay in bitcoin cash (BCH) and bitcoin (BTC).”

Crypto Jobs Are Based All Around the World and Offer Remote Positions

Cryptocurrency and blockchain-related jobs are based all around the world in nearly every major city. Moreover, there’s a ton of employment opportunities tethered to blockchain and bitcoin where people can earn a living remotely and work from home.

In addition, the crypto-tech industry gives people a unique perspective on where the future of money is going. Bitcoin.com also has a number of jobs available as well, as the company is looking for a talent acquisition and engagement lead, a financial analyst, a news editor, an email marketing manager, and many more.

While Monster.com and Indeed.com have a grand total of 10,372 employment opportunities tied to the “bitcoin” and “blockchain” terms, Google searches have a whole lot more. The term “bitcoin jobs” on Google gives around 93,600,000 results, while “blockchain jobs” show around 151,000,000 results.

What do you think about all the jobs available in the bitcoin and blockchain space? Let us know what you think about this subject in the comments section below.

Filed Under: Ads, Bitcoin, Bitcoin.com Jobs, Blockchain, Blockchain Jobs, Coronavirus, coronavirus pandemic, COVID-19, crypto industry, Crypto jobs, crypto space, Cryptocurrencies, cryptocurrency, English, epidemic, Freelancers, Health, Indeed, jobs, Kraken, News, News Bitcoin, opportunities, pandemic, positions, vacancies, Work

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