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The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

This is due to the technology-driven side of these jobs, where most work is based around documents that follow a standard format - something artificial intelligence could streamline. On the other hand, physical jobs are very hard to replace due to the tricky nature of actually working with your hands in this field - until robots can work more efficiently than humans in plumbing, formwork, and the such - these fields remain mostly untouched by the boom in artificial intelligence.<\/p>\n","post_title":"AI May Replace 300 Million Jobs; Although Generative AI May Also Boost Labor Productivity","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-may-replace-300-million-jobs-although-generative-ai-may-also-boost-labor-productivity","to_ping":"","pinged":"","post_modified":"2023-05-09 11:09:43","post_modified_gmt":"2023-05-09 01:09:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11560","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4132,"post_author":"1","post_date":"2022-03-28 16:56:18","post_date_gmt":"2022-03-28 05:56:18","post_content":"\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The report found that AI will significantly affect admin and legal work, replacing 46% and 44% of jobs, respectively. Although jobs such as construction and maintenance may only have 6% and 4% of jobs replaced.<\/p>\n\n\n\n

This is due to the technology-driven side of these jobs, where most work is based around documents that follow a standard format - something artificial intelligence could streamline. On the other hand, physical jobs are very hard to replace due to the tricky nature of actually working with your hands in this field - until robots can work more efficiently than humans in plumbing, formwork, and the such - these fields remain mostly untouched by the boom in artificial intelligence.<\/p>\n","post_title":"AI May Replace 300 Million Jobs; Although Generative AI May Also Boost Labor Productivity","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-may-replace-300-million-jobs-although-generative-ai-may-also-boost-labor-productivity","to_ping":"","pinged":"","post_modified":"2023-05-09 11:09:43","post_modified_gmt":"2023-05-09 01:09:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11560","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4132,"post_author":"1","post_date":"2022-03-28 16:56:18","post_date_gmt":"2022-03-28 05:56:18","post_content":"\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

What Industries Will AI Impact The Most?<\/h2>\n\n\n\n

The report found that AI will significantly affect admin and legal work, replacing 46% and 44% of jobs, respectively. Although jobs such as construction and maintenance may only have 6% and 4% of jobs replaced.<\/p>\n\n\n\n

This is due to the technology-driven side of these jobs, where most work is based around documents that follow a standard format - something artificial intelligence could streamline. On the other hand, physical jobs are very hard to replace due to the tricky nature of actually working with your hands in this field - until robots can work more efficiently than humans in plumbing, formwork, and the such - these fields remain mostly untouched by the boom in artificial intelligence.<\/p>\n","post_title":"AI May Replace 300 Million Jobs; Although Generative AI May Also Boost Labor Productivity","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-may-replace-300-million-jobs-although-generative-ai-may-also-boost-labor-productivity","to_ping":"","pinged":"","post_modified":"2023-05-09 11:09:43","post_modified_gmt":"2023-05-09 01:09:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11560","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4132,"post_author":"1","post_date":"2022-03-28 16:56:18","post_date_gmt":"2022-03-28 05:56:18","post_content":"\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The combination of saving money on labor costs, new job creation, among other factors, may see a boom in economic growth.<\/p>\n\n\n\n

What Industries Will AI Impact The Most?<\/h2>\n\n\n\n

The report found that AI will significantly affect admin and legal work, replacing 46% and 44% of jobs, respectively. Although jobs such as construction and maintenance may only have 6% and 4% of jobs replaced.<\/p>\n\n\n\n

This is due to the technology-driven side of these jobs, where most work is based around documents that follow a standard format - something artificial intelligence could streamline. On the other hand, physical jobs are very hard to replace due to the tricky nature of actually working with your hands in this field - until robots can work more efficiently than humans in plumbing, formwork, and the such - these fields remain mostly untouched by the boom in artificial intelligence.<\/p>\n","post_title":"AI May Replace 300 Million Jobs; Although Generative AI May Also Boost Labor Productivity","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-may-replace-300-million-jobs-although-generative-ai-may-also-boost-labor-productivity","to_ping":"","pinged":"","post_modified":"2023-05-09 11:09:43","post_modified_gmt":"2023-05-09 01:09:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11560","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4132,"post_author":"1","post_date":"2022-03-28 16:56:18","post_date_gmt":"2022-03-28 05:56:18","post_content":"\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Generative AI can streamline business workflows, automate routine tasks and give rise to a new generation of business applications.\u201d<\/em><\/p>\n\n\n\n

The combination of saving money on labor costs, new job creation, among other factors, may see a boom in economic growth.<\/p>\n\n\n\n

What Industries Will AI Impact The Most?<\/h2>\n\n\n\n

The report found that AI will significantly affect admin and legal work, replacing 46% and 44% of jobs, respectively. Although jobs such as construction and maintenance may only have 6% and 4% of jobs replaced.<\/p>\n\n\n\n

This is due to the technology-driven side of these jobs, where most work is based around documents that follow a standard format - something artificial intelligence could streamline. On the other hand, physical jobs are very hard to replace due to the tricky nature of actually working with your hands in this field - until robots can work more efficiently than humans in plumbing, formwork, and the such - these fields remain mostly untouched by the boom in artificial intelligence.<\/p>\n","post_title":"AI May Replace 300 Million Jobs; Although Generative AI May Also Boost Labor Productivity","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-may-replace-300-million-jobs-although-generative-ai-may-also-boost-labor-productivity","to_ping":"","pinged":"","post_modified":"2023-05-09 11:09:43","post_modified_gmt":"2023-05-09 01:09:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11560","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4132,"post_author":"1","post_date":"2022-03-28 16:56:18","post_date_gmt":"2022-03-28 05:56:18","post_content":"\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\u00a0\u201cAlthough the impact of AI on the labor market is likely to be significant, most jobs and industries are only partially exposed to automation and are thus more likely to be complemented rather than substituted by AI<\/em>.<\/p>\n\n\n\n

Generative AI can streamline business workflows, automate routine tasks and give rise to a new generation of business applications.\u201d<\/em><\/p>\n\n\n\n

The combination of saving money on labor costs, new job creation, among other factors, may see a boom in economic growth.<\/p>\n\n\n\n

What Industries Will AI Impact The Most?<\/h2>\n\n\n\n

The report found that AI will significantly affect admin and legal work, replacing 46% and 44% of jobs, respectively. Although jobs such as construction and maintenance may only have 6% and 4% of jobs replaced.<\/p>\n\n\n\n

This is due to the technology-driven side of these jobs, where most work is based around documents that follow a standard format - something artificial intelligence could streamline. On the other hand, physical jobs are very hard to replace due to the tricky nature of actually working with your hands in this field - until robots can work more efficiently than humans in plumbing, formwork, and the such - these fields remain mostly untouched by the boom in artificial intelligence.<\/p>\n","post_title":"AI May Replace 300 Million Jobs; Although Generative AI May Also Boost Labor Productivity","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-may-replace-300-million-jobs-although-generative-ai-may-also-boost-labor-productivity","to_ping":"","pinged":"","post_modified":"2023-05-09 11:09:43","post_modified_gmt":"2023-05-09 01:09:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11560","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4132,"post_author":"1","post_date":"2022-03-28 16:56:18","post_date_gmt":"2022-03-28 05:56:18","post_content":"\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Despite potentially replacing full-time jobs, generative AI, such as ChatGPT, may drive a 7% increase in global GDP - almost $7T. This would lift productivity rates by 1.5% over the following 10 years.<\/p>\n\n\n\n

\u00a0\u201cAlthough the impact of AI on the labor market is likely to be significant, most jobs and industries are only partially exposed to automation and are thus more likely to be complemented rather than substituted by AI<\/em>.<\/p>\n\n\n\n

Generative AI can streamline business workflows, automate routine tasks and give rise to a new generation of business applications.\u201d<\/em><\/p>\n\n\n\n

The combination of saving money on labor costs, new job creation, among other factors, may see a boom in economic growth.<\/p>\n\n\n\n

What Industries Will AI Impact The Most?<\/h2>\n\n\n\n

The report found that AI will significantly affect admin and legal work, replacing 46% and 44% of jobs, respectively. Although jobs such as construction and maintenance may only have 6% and 4% of jobs replaced.<\/p>\n\n\n\n

This is due to the technology-driven side of these jobs, where most work is based around documents that follow a standard format - something artificial intelligence could streamline. On the other hand, physical jobs are very hard to replace due to the tricky nature of actually working with your hands in this field - until robots can work more efficiently than humans in plumbing, formwork, and the such - these fields remain mostly untouched by the boom in artificial intelligence.<\/p>\n","post_title":"AI May Replace 300 Million Jobs; Although Generative AI May Also Boost Labor Productivity","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-may-replace-300-million-jobs-although-generative-ai-may-also-boost-labor-productivity","to_ping":"","pinged":"","post_modified":"2023-05-09 11:09:43","post_modified_gmt":"2023-05-09 01:09:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11560","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4132,"post_author":"1","post_date":"2022-03-28 16:56:18","post_date_gmt":"2022-03-28 05:56:18","post_content":"\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Generative AI May Raise Labor Productivity<\/h2>\n\n\n\n

Despite potentially replacing full-time jobs, generative AI, such as ChatGPT, may drive a 7% increase in global GDP - almost $7T. This would lift productivity rates by 1.5% over the following 10 years.<\/p>\n\n\n\n

\u00a0\u201cAlthough the impact of AI on the labor market is likely to be significant, most jobs and industries are only partially exposed to automation and are thus more likely to be complemented rather than substituted by AI<\/em>.<\/p>\n\n\n\n

Generative AI can streamline business workflows, automate routine tasks and give rise to a new generation of business applications.\u201d<\/em><\/p>\n\n\n\n

The combination of saving money on labor costs, new job creation, among other factors, may see a boom in economic growth.<\/p>\n\n\n\n

What Industries Will AI Impact The Most?<\/h2>\n\n\n\n

The report found that AI will significantly affect admin and legal work, replacing 46% and 44% of jobs, respectively. Although jobs such as construction and maintenance may only have 6% and 4% of jobs replaced.<\/p>\n\n\n\n

This is due to the technology-driven side of these jobs, where most work is based around documents that follow a standard format - something artificial intelligence could streamline. On the other hand, physical jobs are very hard to replace due to the tricky nature of actually working with your hands in this field - until robots can work more efficiently than humans in plumbing, formwork, and the such - these fields remain mostly untouched by the boom in artificial intelligence.<\/p>\n","post_title":"AI May Replace 300 Million Jobs; Although Generative AI May Also Boost Labor Productivity","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-may-replace-300-million-jobs-although-generative-ai-may-also-boost-labor-productivity","to_ping":"","pinged":"","post_modified":"2023-05-09 11:09:43","post_modified_gmt":"2023-05-09 01:09:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11560","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4132,"post_author":"1","post_date":"2022-03-28 16:56:18","post_date_gmt":"2022-03-28 05:56:18","post_content":"\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Goldman Sachs states that \"worker displacement from automation has historically been offset by creation of new jobs.\"<\/em> Such an example is cars, which replaced the jobs of those driving a horse and carriage but made way for streamlined travel along with mechanics, technicians, engineers, and many other jobs relating strictly to the automobile industry.<\/p>\n\n\n\n

Generative AI May Raise Labor Productivity<\/h2>\n\n\n\n

Despite potentially replacing full-time jobs, generative AI, such as ChatGPT, may drive a 7% increase in global GDP - almost $7T. This would lift productivity rates by 1.5% over the following 10 years.<\/p>\n\n\n\n

\u00a0\u201cAlthough the impact of AI on the labor market is likely to be significant, most jobs and industries are only partially exposed to automation and are thus more likely to be complemented rather than substituted by AI<\/em>.<\/p>\n\n\n\n

Generative AI can streamline business workflows, automate routine tasks and give rise to a new generation of business applications.\u201d<\/em><\/p>\n\n\n\n

The combination of saving money on labor costs, new job creation, among other factors, may see a boom in economic growth.<\/p>\n\n\n\n

What Industries Will AI Impact The Most?<\/h2>\n\n\n\n

The report found that AI will significantly affect admin and legal work, replacing 46% and 44% of jobs, respectively. Although jobs such as construction and maintenance may only have 6% and 4% of jobs replaced.<\/p>\n\n\n\n

This is due to the technology-driven side of these jobs, where most work is based around documents that follow a standard format - something artificial intelligence could streamline. On the other hand, physical jobs are very hard to replace due to the tricky nature of actually working with your hands in this field - until robots can work more efficiently than humans in plumbing, formwork, and the such - these fields remain mostly untouched by the boom in artificial intelligence.<\/p>\n","post_title":"AI May Replace 300 Million Jobs; Although Generative AI May Also Boost Labor Productivity","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-may-replace-300-million-jobs-although-generative-ai-may-also-boost-labor-productivity","to_ping":"","pinged":"","post_modified":"2023-05-09 11:09:43","post_modified_gmt":"2023-05-09 01:09:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11560","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4132,"post_author":"1","post_date":"2022-03-28 16:56:18","post_date_gmt":"2022-03-28 05:56:18","post_content":"\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The potential impact of AI is very deterministic, though. Unless mass adoption of the technology is achieved, it would remain just another technology used in certain industries.<\/p>\n\n\n\n

Goldman Sachs states that \"worker displacement from automation has historically been offset by creation of new jobs.\"<\/em> Such an example is cars, which replaced the jobs of those driving a horse and carriage but made way for streamlined travel along with mechanics, technicians, engineers, and many other jobs relating strictly to the automobile industry.<\/p>\n\n\n\n

Generative AI May Raise Labor Productivity<\/h2>\n\n\n\n

Despite potentially replacing full-time jobs, generative AI, such as ChatGPT, may drive a 7% increase in global GDP - almost $7T. This would lift productivity rates by 1.5% over the following 10 years.<\/p>\n\n\n\n

\u00a0\u201cAlthough the impact of AI on the labor market is likely to be significant, most jobs and industries are only partially exposed to automation and are thus more likely to be complemented rather than substituted by AI<\/em>.<\/p>\n\n\n\n

Generative AI can streamline business workflows, automate routine tasks and give rise to a new generation of business applications.\u201d<\/em><\/p>\n\n\n\n

The combination of saving money on labor costs, new job creation, among other factors, may see a boom in economic growth.<\/p>\n\n\n\n

What Industries Will AI Impact The Most?<\/h2>\n\n\n\n

The report found that AI will significantly affect admin and legal work, replacing 46% and 44% of jobs, respectively. Although jobs such as construction and maintenance may only have 6% and 4% of jobs replaced.<\/p>\n\n\n\n

This is due to the technology-driven side of these jobs, where most work is based around documents that follow a standard format - something artificial intelligence could streamline. On the other hand, physical jobs are very hard to replace due to the tricky nature of actually working with your hands in this field - until robots can work more efficiently than humans in plumbing, formwork, and the such - these fields remain mostly untouched by the boom in artificial intelligence.<\/p>\n","post_title":"AI May Replace 300 Million Jobs; Although Generative AI May Also Boost Labor Productivity","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-may-replace-300-million-jobs-although-generative-ai-may-also-boost-labor-productivity","to_ping":"","pinged":"","post_modified":"2023-05-09 11:09:43","post_modified_gmt":"2023-05-09 01:09:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11560","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4132,"post_author":"1","post_date":"2022-03-28 16:56:18","post_date_gmt":"2022-03-28 05:56:18","post_content":"\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

A recent report<\/a> from Goldman Sachs, one of the largest US banks, found that artificial intelligence may replace over 300 million full-time jobs worldwide. \"If generative AI delivers on its promised capabilities, the labor market could face significant disruption,\"<\/em> states the report.<\/p>\n\n\n\n

The potential impact of AI is very deterministic, though. Unless mass adoption of the technology is achieved, it would remain just another technology used in certain industries.<\/p>\n\n\n\n

Goldman Sachs states that \"worker displacement from automation has historically been offset by creation of new jobs.\"<\/em> Such an example is cars, which replaced the jobs of those driving a horse and carriage but made way for streamlined travel along with mechanics, technicians, engineers, and many other jobs relating strictly to the automobile industry.<\/p>\n\n\n\n

Generative AI May Raise Labor Productivity<\/h2>\n\n\n\n

Despite potentially replacing full-time jobs, generative AI, such as ChatGPT, may drive a 7% increase in global GDP - almost $7T. This would lift productivity rates by 1.5% over the following 10 years.<\/p>\n\n\n\n

\u00a0\u201cAlthough the impact of AI on the labor market is likely to be significant, most jobs and industries are only partially exposed to automation and are thus more likely to be complemented rather than substituted by AI<\/em>.<\/p>\n\n\n\n

Generative AI can streamline business workflows, automate routine tasks and give rise to a new generation of business applications.\u201d<\/em><\/p>\n\n\n\n

The combination of saving money on labor costs, new job creation, among other factors, may see a boom in economic growth.<\/p>\n\n\n\n

What Industries Will AI Impact The Most?<\/h2>\n\n\n\n

The report found that AI will significantly affect admin and legal work, replacing 46% and 44% of jobs, respectively. Although jobs such as construction and maintenance may only have 6% and 4% of jobs replaced.<\/p>\n\n\n\n

This is due to the technology-driven side of these jobs, where most work is based around documents that follow a standard format - something artificial intelligence could streamline. On the other hand, physical jobs are very hard to replace due to the tricky nature of actually working with your hands in this field - until robots can work more efficiently than humans in plumbing, formwork, and the such - these fields remain mostly untouched by the boom in artificial intelligence.<\/p>\n","post_title":"AI May Replace 300 Million Jobs; Although Generative AI May Also Boost Labor Productivity","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-may-replace-300-million-jobs-although-generative-ai-may-also-boost-labor-productivity","to_ping":"","pinged":"","post_modified":"2023-05-09 11:09:43","post_modified_gmt":"2023-05-09 01:09:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11560","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4132,"post_author":"1","post_date":"2022-03-28 16:56:18","post_date_gmt":"2022-03-28 05:56:18","post_content":"\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT

Report

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
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