Lower-paid workers are quitting their jobs due to cryptocurrency profits, according to a survey

<p>Civic then compared the 4% figure to data from 1,201 respondents who had quit their jobs due to cryptocurrency gains. On Nov. 1, analytics firm Civic Science published survey results (weighted according to US census data) indicating that 4% of 6741 respondents aged 18 and over had quit their jobs in the previous year due to "financial freedom" earned through cryptocurrency investing.</p> <p>Civics' findings should be taken with a grain of salt, as they cross-referenced data from various time periods and a diverse sample size. Additionally, it is unclear what constitutes "financial freedom" in this context, as Civic provides no explanation or data on the respondents' level of cryptocurrency gains.</p> <p>Almost two-thirds of those who had quit their jobs due to mad gainz earned less than $50,000 per year, 27% earned less than $25,000, while 37% earned between $25,000 and $50,000. 15% of those who lost jobs as a result of crypto earned between $50,000 and $75,000, 13% earned between $75,000 and $150,000, and 8% earned more than $150,000.</p> <p>"This data suggests that while some crypto investments have provided life-changing levels of income for some, the wealthier owners of crypto use it more as a means of asset diversification than a source of income," Civic Science wrote.</p> <p>Financial independence achieved through cryptocurrency investing: Civic Science</p> <p>Mark Cuban, a billionaire investor and proponent of cryptocurrency, tweeted a link to the survey, stating:</p> <p>"Wow, 4% of people in the United States of America have quit their jobs due to cryptocurrency gains, and the vast majority earned less than $50,000. We now understand why so many people leave low-wage jobs."</p> <p>I should have stated 4 percent of the labour force, or approximately 6 million people.</p> <p>Cuban was apparently referring to the phenomenon known as "The Great Resignation," which refers to a significant labour shortage in the United States caused by a cultural shift in which people quit their jobs in response to a