90% Say No to Digital Ruble Salaries

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By BitcoinWiki News

Key Takeaways:

– Most citizens in Western Russia do not want to be paid in digital rubles.
– 90% of respondents in Lipetsk Oblast stated they did not want to be paid in digital ruble tokens.
– 10% said they would be happy to be paid their entire salary in digital rubles, while 11% would accept partial payment in CBDC coins.
– 51% of workers in Lipetsk Oblast are definitely not ready to switch to payments in digital rubles, and 38% are unsure.
– Some sectors, such as administration, finance, accounting, and marketing, showed enthusiasm for digital ruble pay.
– Many respondents expressed concerns about not understanding how CBDC works, fear of scams, distrust of new technology, and high fees.
– 19% of respondents generally prefer cash over digital forms of money.
– The Central Bank has denied rumors of forcing citizens to convert their fiat holdings to CBDC tokens and merging the digital ruble project with biometric ID projects.
– Lawmakers are preparing to integrate the digital ruble with the nation’s Tax Code.
– The Russian CBDC pilot was launched in 11 cities nationwide in mid-August.


A recent survey conducted by recruitment agency HH in Western Russia revealed that most citizens in the region do not want to be paid in digital rubles, further undermining the Central Bank’s plans for a Central Bank Digital Currency (CBDC). Out of the respondents, 90% stated that they did not want to be paid in digital rubles, while only 10% said they would be willing to receive their entire salary in the CBDC. Another 11% said they would accept partial payment in digital rubles, as long as it was less than half of their salary. The survey also found that 51% of workers in the region were not ready to switch to digital ruble payments, and 38% were unsure about the coin. However, there were some sectors in Lipetsk that expressed enthusiasm for the CBDC, with 64% of workers in the administrative field welcoming digital ruble pay, and 60% of financial and accountancy professionals looking forward to being paid in CBDC tokens. Some citizens expressed doubts about the CBDC due to a lack of understanding of how it works, fear of scams, distrust in new technologies, concerns about high fees, and a preference for cash. The Central Bank has denied rumors of forcing citizens to convert their fiat holdings to CBDC tokens and merging the digital ruble project with biometric ID projects. The Russian CBDC pilot was launched in mid-August in 11 cities nationwide.

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