More businesses offer pay in cryptocurrency in a bid to lure young workers

Stephen Gerrits, a senior at Clemson University in South Carolina, has a part time gig with a start-up. He gets paid in cryptocurrency.

“Why not take the chance or the opportunity to kind of strike it rich, get some money out of it?” said Gerrits.

Gerrits says he spends about eight to 10 hours a week at SharpRank, persuading people to download its sports app on their phones and gets paid by the download.

He says he has probably earned about the same or more in crypto as he would have in cash, thanks to price appreciation, but, given the large fluctuations in crypto’s value, he’s not certain.

“I probably check it like three times a week,” Gerrits said of his crypto account. “I just tried to let it sit for the most part, but it’s kind of fun to watch when it’s rising — and then not so much fun when it’s going down.”

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