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Why California’s Anti-Freelancing Law Is Pivotal for Cryptocurrency

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Mark Mason

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Why California’s Anti-Freelancing Law Is Pivotal for Cryptocurrency



California has essentially declared war on freelancing. A new law essentially makes companies essentially have to convert their independent contractors into full-fledged employees, including providing healthcare and other benefits. This basically means that freelancers such as writers and rideshare drivers just became much more expensive and troublesome to employ if they’re from California. Predictably, the layoffs have already begun. While this is a tragic moment for the untold thousands of worker who just lost their income source, it may help grow the usage of cryptocurrencies for payments.

Read more - https://dashnews.org/why-californias-anti-freelancing-law-is-pivotal-for-cryptocurrency/
 
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