An introduction to the Bitcoin job market

There comes a point in a Bitcoiner’s journey where we are so far down the rabbit hole that we want to start contributing to the Bitcoin network.

Some of us decide to run their own node at this point. Others might build their own app or start educating beginners. And some of us start looking for work with Bitcoin companies.

The Bitcoin job market is young and volatile

It’s a misconception that there’s only jobs for devs in this space. Pretty much every job you know from the traditional fiat world, exists in Bitcoin, too. (With the exception of “Central Banker” of course…)

What is different in our industry is that the number of available jobs is closely linked to the Bitcoin market cycles. In a bear market there are fewer jobs, because teams have less money to hire staff. During those times they will focus on essential staff only, and that’s generally developers, because bear markets are for buidling.

As we move into the bull market you will see more and more vacancies for other roles, like

Marketing and Communications
Business Development
Customer Support
Legal and Compliance
Design and User Experience
Finance and Accounting
Human Resources

Reality Check

Remember that after every bull market there comes a bear market again and a period with less jobs. While this will certainly change as the industry matures, consider also that most Bitcoin companies are startups. Very few startups “make it”.

So in a nutshell: If you’re looking for job security, because you have a young family to feed, don’t work in Bitcoin. You can still be “the Bitcoiner” at your fiat job, which is an important orange-pilling role and will likely pay off once your company embraces the Bitcoin Standard.

If you’re looking to contribute to something that’s bigger than yourself and that is going to change our society, even if it comes with some ups and downs, then Bitcoin is for you.

The Benefits

Besides working for a world-changing technology, there are tons of other benefits of working in Bitcoin.

Not only do you get to work with like-minded people, but you have a lot of freedom, too. At least half of the jobs are fully remote, with the other half being remote-ish, where you can work from home, as long as you are within a certain jurisdiction or time zone. Very few jobs in Bitcoin require you to be on site.

You will also likely get paid in bitcoin, which is usually KYC-free!

How to get started

Keep an eye on the Bitvocation feed on Telegram to see all the jobs that are out there. Our bot checks all the Bitcoin job boards and careers pages of Bitcoin companies for you every day, and posts the latest listings in the channel. You might be lucky and land your dream job at the first attempt!

Keep a long time horizon

Most people slowly transition out of fiat. They find ways to contribute on the side and start earning some sats here and there. This also helps them establish their first proof of work, which is an important requirement for finding work in Bitcoin.

Another important requirement is your network. Start connecting with other Bitcoiners and build your network while you are still mining fiat. As a Bitcoiner, you are familiar with having a long time horizon when it comes to stacking sats. Take the same approach when it comes to building your network and try to add more Bitcoiners to your network every day.

I will share more tips on building your network as well as your proof of work in future editions of this magazine.

In the meantime, download our free guide “How to find your first job in Bitcoin” from Bitvocation.com and follow for updates.

“I want to work in Bitcoin, but I’m not a developer!”