Bitcoin Forum

I don't have lot knowledge about different things about legalities or some government things.

I am become curious about paying an employee using Bitcoin direct to it's Bitcoin wallet.
Like these days, some of our salary are paid in different method, some are being deposit on some bank accounts, some are cheque, some are cash directly.

I want to ask if we will make official method for paying our employees in Bitcoin directly to their Bitcoin wallet.
Is this method is not foul on the government? Or it is legal?
Especially on the department of government that is about the labor or employment.

I doubt there's an issue if they ever want to? Though it is imo, an inefficient way since most companies would convert fiat > BTC then given to employees as salary, then employees would simply just convert it to Fiat again. Although this does bring transparency towards the system of a company, none would probably even want to use it still. The main problem is about adoption of BTC right now, though if we do ignore that and think of BTC as the norms of currency, then it still wouldn't work imo. I'd rather think that governments would create their own blockchain to show transparency of payments and the like, and BTC would then mostly be used as a form of currency for specific scenarios mostly, (or whatever the owner wants to anw).

As for the issue of legality, if adoption comes, then it being legal is a matter of course, though I doubt there's even a law banning salaries to be paid in Bitcoin even now, probably because not much has been shown about it being used as salary?

Hmm quite interesting for us, but how about those employees who does not have that much knowledge about bitcoin, they might just accept it til they know it is volatile, very volatile. But I honestly think that it is possible with these 3 factors, 1.) if the company wants to leap a very risky method of paying their employees, 2.) If the employees wants it too and 3.) If the state of the country does not prohibit the use of bitcoin in any way, even in paying wages. I don't know much about the legalities of labor wages, if it can be done using fiat powered coin just like the cheque, but I guess it is too off especially the volatility rate of bitcoin is our main concern.

It totally depends on the current laws of each state/country. Not sure how reliable this website is (the only one I can properly access without JS), but here's what Employment Law Handbook (https://www.employmentlawhandbook.com/wage-payment-laws/state-wage-payment-laws/new-york/) says about the New York state:


As long as the laws allow you to pay the salary in the equivalent of other currencies, products or digital assets, it should be legal and fine. It's on a case-by-case basis.

Average employees want instant access to their money the moment they received it as salary so that they can go directly to any payment processors or ATM to encash it. If ever it will be as Bitcoin payment then they want to use it right away, there's no difference at all to the way they received it on usual fiat.

And on the country wherein there's no local exchanger that can process the withdrawal into cash instantly, it will be a problem.


It will be legal as long as the company will declare it to the Labor Department or any Government Bureaus that covered it.

It's not foul since, after all, companies will still pay the associated tax.

The bottom line, the whole idea is good but the world is not yet ready. Lots of factors to be considered. It will be several years in the making.

Already there were more number of industries that had paid their employees in terms of bitcoin. Governments won't agree to pay employees in the form of bitcoin. Private firms paying in terms of cryptocurrency is upto the management, and government doesn't have anything to do with it.

In an article read about Indonesian plantation workers paid with bitcoin, as it helps with easy cross border transaction with ease than through banking.

it is always best to ask these question from a lawyer who is familiar with the law and specifically the law regarding cryptocurrencies. but in the past i have seen some companies paid part of the salary in bitcoin and of course there is always freelancers who are getting paid in bitcoin although that is not exactly an official salary.

For countries where bitcoin is legal then organization can play to their employees in the bitcoin. But problem arises if not all are that computer literate or does not know how to use it and are not ready to accept it. Some may agree and others may disagree about this as a payment. If it’s a cross border somebody is consultant or even full-time doing transaction through swift etc then they such transaction will be beneficial if done through bitcoin as transfer costs would be cheap and quick too.

I have doubt that this isn't legal in any country since Bitcoin is unregulated yet. Because most states have laws that regulate when you have to make certain types of payment. Upon choosing as a payment method to your employees, don't violate the laws. As a Department of Labor and Employment (DOLE) law, this is a mandatory law for labor and employment to pay taxes. Unless, if your company will pay taxes too but I don't think if they will accept Bitcoin.

The Labor Department will always ask documents, like detail informations, the date and the amount, and pay period for all employees. And also the record gross wages, deductions, and net pay. All of these are needed, for now, more appropriate if you will pay through cash, check, pay cards, direct deposit or even cash through digital mobile wallet. They are regulated currency that supported by bank, I don't think about cryptocurrency.

Bitcoin is a decentralized not a centralized. Some government would not allow Bitcoin as a payment because they are not the one controlling the coins.
Bitcoin payment can only work in some private organization, Base on the agreement between the employer and employees in the organization.

I think it is base on the negotiation between employees and employer for the system to work for Bitcoin payment.
Many organizations pay their worker with fiat becaus is very common with the individual to use.

In the bull market in 2017, the GMO company made that announcement A company in Japan wants to start paying employees in Bitcoin (https://www.businessinsider.com/bitcoin-salary-japanese-company-2017-12). I remembered how the people reacted to that news.

As other said, it relates to different things:
- Local laws: Legality of bitcoin in local nation, area, etc.
- How the company make deal with their employees for payment in bitcoin: all in bitcoin or half in bitcoin and half in fiat.
- Cutoff day to make payment and from which exchange(s), the btc price rate will be taken from.

I am sure it is reasonable when crypto companies pay their employees in crypto.  :D

You will have to consult local laws and regulations regarding salaries and wages since it is subject to taxation and other related matters. If I were an employer and my employee wants to get paid in bitcoin, I would grant his/her request and pay him/her accordingly, and just keep a ledger of transactions between him/her and I in order to use for legal purposes since bitcoin and crypto is starting to get recognized as 'legal tender' on some countries. It might even work as a prime example of how it can be used in the real world, and regulations and existing laws might soon conform to it if the demand is there and the use is, well, really practical for the masses.

I strongly advise against it unless the employee himself/herself requests for it. Why? Because of the volatility factor which needs to be taken into consideration here. Salaried individuals usually depend on consistent salaries every month.

However, BTC volatility would practically make this difficult since the employee may receive higher or lower salaries due to the fluctuations over time.

Instead, the better option here would be pay using stablecoins like Tether, TrueUSD, Gemini USD etc whose volatility is drastically low leading to consistent payments.

It's up to every company, not to government how will they pay their workers, I agree to that. However, they have to stick some laws about it so that workers are still protected.
However, I"m not sure that I would like to get my paycheck in Bitcoin. Because of volatility and lack of regulation I don't find that as a very good idea. I prefere my paycheck in fiat and Bitcoin only as additional income.

Depends on the employee, some of them want it. Some of them will disagree. Not all employees know bitcoin and most of them prefer cash.

Cash is ready to use in daily needs compare to bitcoin you need to convert it to fiat then transfer to a bank account.

If this is not illegal you might consider taking their opinion before changing your salary method to your employees.

The hassle and fees problem in converting bitcoin into cash might put them to quit their job.

Nowadays, salary payment with crypto (especially BTC) has been implemented in some countries. They are such as Japan, The Netherlands, New Zealand, the UK, and maybe others. I think that it is also an interesting thing that we can accept a salary with BTC if possible. But of course, it will have its own strength and weakness.

Related to some questions:

The legality of cryptocurrency in each country may be different. It will depend on what country it is. If there is a law about cryptocurrency, we should also know, in what case the crypto is legal. The probabilities are there.
1. Crypto is legal for digital asset
2. Crypto is legal for payment/transaction
If both are legal in a country, it may be available for salary payment with BTC.
As in my country itself, crypto is only legal for the digital asset so far. So, we can't use it for any payment methods, including salary.

But sometimes, It may be constrained by the following terms:
1. Law
Related to the law in force in the country, it needs to understand the legal protection, never against the government or you will face many obstacles or rule of law. It is better to consult with the legal consultants who understand this and are based on applicable laws.
2. Tax
Sometimes, the salary will also require some taxes. And here, if we can use BTC as payment, we must also think of the mechanism and rules of law of the taxes. Is there any, the mechanism, and also the counting. It may be also important to go to the consultant
3. Agreement
It relates to the owner and also employers whether they agree to use such a payment method or not. Or it is only an alternative of the payment method, whether you can receive payment on cash, cheque, or event transfer on a bank account or use BTC.

And maybe of course some other considerations and notes..

Source:
https://nomoretax.eu/the-legality-of-cryptocurrency-salaries/

The method of paying employees in cryptocurrency can be unpleasant on the government but it a vice versa circumstance because the government stance anout crypto payment is what will differentiate if receive of wages to unpleasant or not. Besides, we have some countries where crypto users pay tax according to their income and salary.
In other for you to receive crypto as wage you'll need visit crypto legal adviser for help in other to avoid future tax complication.

he isnt asking the opinion of the employee but he wants to know if theres an extra requirement if he wants to pay using a btc if he owns a company  or a business . btc works like a cash now and it does not need conversion before you use it . what can an employee do if the company will pay in btc ? they will accept it or they will quit but if the onwer is not strict maybe he can make an exception and pay others with thier prefered option .

Well this will be a good implementation . But some legal steps should be implemented . As we all know bitcoin transaction is completely transparent because it is based on a blockchain platform. But the worrying thing is that it cannot be traced.  So each wallet should be verified with their identity in an organisation. So that the confusion can be avoided . And it will be grate if they payment will be paid in ripple ( XRP ) for better surety of transaction because of tag number. 

I think if the company is going to implement it there should be no problem depending on the country, but their could be some issues when it comes to the transactions since bitcoin is anonymous.

There are so many payment methods that are available that could be used than bitcoin when it comes in my country since bitcoin is not yet adopted in my country online transactions like ATM or debit card is the best choice for a salary so that employee could easily withdraw in any ATM in the area.

Even with bitcoin, you gonna need to withdraw in an ATM because bitcoin is not yet accepted in a lot of stores, so spending it is not the best choice but it needs to be converted in the local currency.

It depends on the state / country. Look into local laws first.

I agree if Bitcoin is used for salary, because it will be very interesting if we work and get paid with Bitcoin. But there will definitely be
obstacles with government regulations, even though some countries have accepted and legalized Bitcoin. This does not mean that the
government allows companies to pay their employees salaries in Bitcoin. Seeing that Bitcoin is volatile, it is possible that the government
will prohibit the use of Bitcoin for salary.

You could pay your employees directly to their bitcoin wallets but you're still going to pay their taxes and insurrance with fiat money like you'd normally would.

You don't have to worry about them and how they do their taxes. It's not your job to make sure they are abiding the law.


The government often makes things unpleasant for us so it's a bit like breaking even ;)

I doubt anyone would wants to be paid with bitcoin as their salary from regular jobs. Bitcoin isn't predictable. No one knows what is going to happen and it is extremely volatile. Someone receiving say $4,000 USD in bitcoin as a salary might end up having $3,900 USD as spendable within the period of one confirmation. I mean, we have seen price of bitcoin dropping by 100s  of dollars within few minutes. The same might be true for the opposite. Within few seconds the value of his coins might rise, but no one wants to take risks. They have fixed bills to pay where the rise or fall of the price of bitcoin doesn't change the amount to he has to pay!

It would just be fine if it will be still a currency based, say dollar then will just be converted into bitcoin when the pay day comes. Not much of a deal I think. But then the only problem here is the laws and regulation by the state or country where you live in, if you're living in a problematic country for bitcoin like India then there are possibilities that you'll never experience it.

And yes, another problem would be the volatility rate of bitcoin, since it is high there are chances that it will be reduced or increase over time.

Why not if they can seamlessly do this, but in my opinion giving salaries through employee's banks is still at its best compared to this one.

Using Bitcoin as a salary is a good thing and will save a lot of time for employees to receive their salaries.
But I think not all governments would agree with this, because paying employees through banks we donate to the government buy tax.
So if we will use Bitcoin, the government will lose a large percentage of tax that was earning from employee salary.

Yes you can make this possible but im not really that much expert when it comes to legal aspect and also the big question here if that your employee would agree into that new system
on where they do accept crypto rather than receiving a fiat without any hassle on making conversion unlike when they do receive crypto directly which we know that it does still need to be
converted to fiat which basically means that it would still involved some fees for such transaction but if you the boss will compensate it then it wont really be that much of a problem.
Legal talks then it vary on whats the stance of government on your place towards cryptocurrencies.

Aside from unregulated, the issue of its legality will be a big factor that Bitcoin won't be accepted as for salary. The government won't likely to give support with this new system as it might compromise individuals especially when they don't have enough knowledge about crypto. And to the fact that Bitcoin is not already accepted as a currency, a mode of payment globally, they still need to convert it in FIAT which it gives them hassles.

Well, the intention will be good but this is not already the time for this. We need more support from the community and most especially from the government. Once it was approved, people could have their trust and have their option as well if they want Bitcoin or just to remain in FIAT.

for now in my opinion it is not right for employee salaries to be paid in Bitcoin. some company employees do not understand about Bitcoin and even what cryptocurrency is. It is very risky to pay employee salaries with Bitcoin because of the very high fluctuation of bitcoin prices and it is more risky.

The government also will not approve it because there will be many risks, while in some countries like mine in Indonesia Bitcoin regulation is only used as commodity trading and is not allowed to be used as an official medium of exchange let alone use it as employee salaries.

Bitcoin does have many advantages, but it is still not suitable for application in all sectors and needs further development and adjustment.

This topic depends on what country are you thinking of, they have different laws about bitcoin. I'm in México and here bitcoin is not considered money, it's called a 'Digital Active'. That way if you use it to make payments it's not considered as a payment because is not money, so it's considered an exchange.

But for countries who have bitcoin as money on a legal way, should be easy to use it for payments and get a tax ticket from it.

the same as in Indonesia, it is unlikely that this can be done because bitcoin is only recognized as a commodity not a currency so that the salary using bitcoin or altcoin is not legal
and one more thing that I know that work done using the internet is not subject to tax fees

I would say that it depends on the employee/s. If they're okay with getting paid in Bitcoin and they sign the agreement and provide receipt on receiving their salary in Bitcoin. There shouldn't be any problem. As long as you cover in the agreement that you're not responsible for any loss they might incur due to loss of value in Bitcoin.

I don't think it is an illegal act, like in my country who still ban bitcoin to be use as payment method. With this thing, my government only ban bitcoin for payment system only but there is no rule to ban bitcoin to pay the labor.

Maybe there is something that should be considered, since bitcoin is not known by most people, do they want to change it? The utilization of bitcoin is still lack in all countries (I guess), maybe many people out there who didn't know how to use it.

If you agree to being paid 0.2 BTC a month, you'd have to agree with this huge risk right from the start.

There's another option: being paid the equivalent of a certain sum in BTC. But as soon as you get paid, the risk of having your salary go up or down is going to be present at all times. If a company has the possibility to pay in crypto though and an employee accepts it, why not? It's like being paid in Tesla shares, except it's decentralized and you can pay stuff with it.

True. You need to be aware about the volatility of this cryptocurrency before agreeing to received it as payment.

For us  who already understand that factor, we are willing to take it and decide what to do after receiving our salaries, some might exchange it right away and others will keep it as it is for investment purposes.

And with concerns in regards to government, it really depends from how the laws are being implemented in regards to crypto existence from where you are.

This news rolled out years back. That was during the bitcoin market moving towards the peak and acquiring more users towards it. A company in Japan wants to start paying employees in Bitcoin (https://www.google.com/amp/s/www.businessinsider.com/bitcoin-salary-japanese-company-2017-12%3famp) and to what extent this has come to reality isn't known. In this regard, the employees need to agree on accepting bitcoin as salary considering the volatility.

Yet still people need to convert bitcoin to Japanese yen to be able to do their daily spending. Would be interesting to see their labor contracts and how the amount of monthly bitcoin salary is explained and calculated.

For example if a persons receives 0.5 bitcoin monthly. Week ago it was equivalent of $5750, but today it is $5000. Subtract exchange and withdrawal fees. What will he get in the end ? About $4800, when he should have received $5750? Of course the company can take this rate fluctuations on their balance, but how long will they be able to do it?

Imho it is too early to think that Bitcoin can be paid as a salary, until it will be accepted everywhere in your region or country.

Well, if you open a bitcoin wallet and do give the governments the kyc information, government won't have any problem because they can easily track your transactions and ask you for the tax later also there won't be any money laundry. However, if you don't consider the government issues, there are many legal and illegal jobs paying the workers and employees by bitcoin, monero or the other crypto currencies. It totally depends on the country and how the react to bitcoin. 

For crypto enthusiasts I think there wont be any problem to receive their salary directly to their bitcoin wallet. But this is not the case to employees who are not aware of bitcoin existence or prefer to get cash for their salary. We know crypto is high volatile so there's a chance to get your money higher if the btc is uptrend or lower, depending on the market movement. It is not easy to spend too due to lack of merchants, you cant buy using bitcoin in small store with goods and other necessities because you have to convert it first to fiat. Hassle to those who really in rush to get their money. This can be a good idea if more businesses and establishments are already accepting bitcoin as one of their payment method, otherwise its not convenient for some employees.

We as the crypto community would really like to make Bitcoin for salary, but unfortunately for now only a few countries
alone who might do that. We have to think realistically, because for countries that have not legalized Bitcoin it will ban it
companies that pay their employees salaries with Bitcoin. Now the number of countries that legalize Bitcoin is still very few.
Maybe Bitcoin for salary could be massive in a next few years from now. Right now we just focus on making Bitcoin a payment.

This all depends;
 

• on the aggreement between the employer and employess
•   The countries regulation about cryptocurrency (since there is not bitcoin friendly country)

 Let's be realistic in the situation. It will be complicated if the company will give salary direct to an employee's bitcoin wallet if that employernin the first place do not know about bitcoin  or even if he/she knows it, the volatility will make it too strenous to give. It is just easy to cash in your fiat salary to make it as a cryptocurrency so I guess cash as a salary will always be a great choice for employers to consider.

This is the best advice, in my opinion. Laws are different in different countries(and even in different regions of the same country). Ask these questions your local lawyer, and you'll get the best answers. I personally doubt that paying employees in Bitcoin can be legal unless the authorities officially approved it, like they did in New Zealand (https://www.coindesk.com/new-zealand-tax-office-makes-it-legal-to-pay-salaries-in-crypto), for example.

In my opinion, if all employees know about Bitcoin and know about its use I think there is no problem, but if only a few employees understand Bitcoin it will be a problem for some employees who are not familiar with Bitcoin and they definitely will not want to accept their salary with payment Bitcoin.

For the government in my opinion it depends on which country you are from, there may be some countries that are not allowed to use Bitcoin and there are also those that legalize Bitcoin, if your country legalizes Bitcoin it might not be a problem, but if in your country you ban Bitcoin, you will definitely be dealing by law in accordance with what is implemented by the government in the country itself.

This kind of scenario will be possible only if:
1. The employer will agree that all or at least some of his employees will be paid thru Bitcoin.
2. The employee will agree on it as well.

It will fall down to the employer-employee agreement. If they agree then it is possible. There are ways to pay different people in just one transaction already and that is how the CM are paying the sig. participants. On the other hand, employee must be knowledgeable enough or at least know the basic of Bitcoin including sending of it to different people. In the end, there is no bad thing on this when both sides are agreeing with it.

If this is pertaining to an industries controlled by the Government, maybe there wouldn't be an issue if both parties agreed on the wage system, using Bitcoin. And above all, this Bitcoin payment/wage agreement can only be implemented smoothly in Countries where the Government accepted, adopted, trust its store of value and believed fully its great features. I think, Bitcoin legalizations to some countries gives freedom to every individuals and other industries - Public or Private sector, anything they want to do with it as long as its in a Legal manner according to the law/rules of a certain Country.

This will depends on the government or the employer of labor, like:

• What currency do we pay employees?
• Are these employees in love with a particular currency?

With employers conclusion any currency can be use as payment method than fiats. Bitcoin if chosen can be use for salary payment but the problem will be 'how many of the staffs are ready to accept Bitcoin in it state of volatility'?. At the moment, if a company pay me in Bitcoin I will be much happy than be pay in shitfiats.

Hi, all the comparisons between countries, regulations and currencies take a backseat to Bitcoin ... because Bitcoin regulates itself against the dollar and gold ... and manifests a real price index ... Bitcoin is the Rule now. The volatility has changed sides.

I think this would largely depend on your home country and regulations there. There have been cases, though, when in countries where Bitcoin was in gray zone (not regulated and how it's treated for tax purposes wasn't specified anywhere), the authorities still demanded the income tax to be paid when they learned that someone was receiving income in BTC. But there are also countries with progressive income tax that even starts at zero percent, so if a salary is quite low, the taxes don't have to be paid.
I also found this platform (https://www.bitwage.com/for-companies/) that is supposed to help pay employees in BTC, but I did not dive into it.

If a company can make bitcoin as a form of salary, then why not? It depends on the worker if he is a bitcoin user or if he is knowledgeable about how bitcoin works in the market. If he knows that he can benefit the thing that he worked hard for then probably he will accept it as a salary. There are still a lot of people who are not that knowledgeable about bitcoin existence and impact in the economy.

Businesses can be affected by giving this bitcoin a big opportunity to make people earn it in the way they can and they want.

The thread is full of similar answers, I would like to add my opinion with different outlook though.

I will never accept my salary in the form of BTC. Let's assume you get it in the form of BTC. Now, this is more or less foreign currency for us since it's out of the box currency if seen with regulatory point of view. So there comes few challenges while using this salary at the end of day!!

Whenever I will have to use it, I will have to either cash it out from local exchanger (extra fees to be paid). OR I will have to look for the shops which accept the bitcoin directly. Some of them will literally make you await until there is at least one confirmation on the blockchain.

In case of emergencies, I am dam sure bitcoin would be the worst payment portal since no healthcare sector will accept it or has provision to trade it.

So, if I am getting my salary in terms of RTGS, SWIFT, directly credited to bank then that's the bestest.

Let it be  how it is right now.Companies,usually;convert it their crypto currency as Fiat  and pay to the employees.Not every where bitcoin is  acceptable specially like non- European countires(Except some).So,it is necessary to have fiat currency.Bitcoin's price does not  stay at the same price  and that's why it is kind of investing.It can be profitable or the result can be the negative.But the fiat will be the same. So Fiat is comfortable for salary.

In our country, it is illegal and punishable. In my country, Bitcoin can only be used as a stock and investment commodity. Our government has passed laws that say that paying and purchasing using cryptocurrency is illegal and will result in penalties or fines. However, bitcoin holders who do not use it as a payment method are legal.

If a company is owned by a local government it will definitely violate the rules, but if the company is owned by someone, of course it will not be a problem, because all the authority to pay employee salaries is regulated by someone, but considering the uncertain bitcoin price, it will be troublesome when paying employee salaries.

You might be able to get away with this easier if you are paying an independent contractor, but paying your employees salary with anything other than local fiat seems like it could be a logistic nightmare and challenging to do legally.

Violating the rules either the company is owned by local government or individual is done on purpose buddy because every countries have it own legal rules and regulations about crypto taxes payment and better for company or an individual intent to receive salary through cryptocurrency be well informed about those rules and regulations before receiving salary through crypto. An example is where I'm from no tax is pay if you hold crypto but if you convert to fiat the exchange site pay government the tax of the amount of crypto you converted into fiat.

IMO, receiving salary digitally and actual money doesn't have many differences, and receiving digital money doesn't mean we must pursue BTC as salary.

People are very practical these days, with or without pandemic or crisis, workers prefer to receive the exact amount of their salary. Unlike in BTC, there's a chance, even it's little, that price might go down on the time where they received the salary through BTC payment. So BTC for a salary isn't really practical especially here in our country where most people value money. It will be only applicable to those people who have huge salaries and do have knowledge or doing investments.

Well, it'll be a good move as long as it promotes cryptocurrency in our country but I'm sure that only a few people will agree on this. Also, most people threat bitcoin as an asset, not a currency, so it'll be hard to adapt it as payment for salary.

Maybe it's just easier to forget about all that complication, and request for a slight modification to the employment contract that only adjusts the mode of payment. Done this many times over the years especially in countries with volatile fiscal economy. Contract simply choose a currency agreed on by both parties, with a clause that accepts a flexible mode of payment.

Then you go through Bitwage, and choose any percentage to be converted to btc at the rate during exchange. It's just a roundabout way of buying bitcoin at dollar cost average really.

Apologies if already suggested, didn't see it on the pages I skimmed through.

it all depends on the policies of the government of the country, if the country has legalized cryptocurrency, of course paying employee salaries does not violate the rules, but if cryptocurrency is still illegal in the country, then paying employee salaries via bitcoin is a prohibition, all lies in the status of bitcoin in a country

As long as you pay your taxes then it won't be a problem. I think.
But the idea might be a problem for the employees.

Imagine them just cashing it out monthly to another currency. Their own paper currency.
Then it's like you paid fees then they pay for exchange fees which have lower selling rates.
No, it's difficult to have a better end in this era. Maybe in the next 5-10 years when merchants accepting it grows.
That way, they know they can spend it without a money changer service.  ;D

That might actually be a good way for them to study Bitcoin but would still take lots of experimenting and a long amount of time. Bitcoin being acknowledged by the government would be a big step if ever developed further. Being payed in Bitcoin might come with a lots of investment before implemented since they cannot just make Bitcoin appear at that moment.

I agree, It would be a such a hassle for employees to convert every time they received their payment unless the employees are aware of the crypto ecosystem.
If crypto will be the salary of employees, Employees will be forced out to learn about crypto and it will be natural if they are shocked about the volatility of the value of their salary.

I think it's not practical for company to do this. Unless the company is a crypto-related company like exchanges and other custodial wallet companies out there.

it looks like a topic like this has been discussed before but has sunk....
giving salaries using Bitcoin is great because it can monitor the outflow of funds, but the relatively high fees and the volatility of prices which fluctuate rapidly are still obstacles.

It can be possibly done like for example the employer source of income or has the bitcoin income and seeing it that it would be great to use the opportunity to convert the bitcoin income into salary for his employee. I myself had tried this earning some cents of bitcoin here while learning at the same time with cryptocurrency to which I convert all my earnings into buying a prepaid load for those who wanted. I have the app that could be use for this though it has only small profit but it is still business as long as I am earning with it then it is good as alright.

Agree. However, my point is if employees disagreed on this matter, they could sue the company if it's illegal or quit their job if they don't have the choice to choose what is their preferred salary option.

And when the employees agree in bitcoin's salary, I think as long as they signed a waiver or form that they already received their compensation, there's no problem for the company.

^ The concept of using bitcoin as payment of your employee is good if there is an exchange that they can immediately exchange to the fiat and also if there is a store in your place that accept bitcoin, straight forward, bitcoin in your place is very common to use in daily in most departments stores and shopping center which is very convenient to use. Another factor is, this salary probably is net gross that already deducted from their monthly amortization in any government company assurance. Nevertheless, there is no problem if your country did not ban bitcoin.

There are no laws of Bitcoin taxation, and it would conflict with a country's taxation evasion rules. I guess to be safe, only use Fiat as payment for employees. Bitcoin has not yet not been recognized by governments as legal money so there maybe restrictions in its usage, depending on a country.

You said that what I wanted to say. Bitcoin network become busy unexpectedly. So there is a possibility that their salary tx may get stuck for few days. And bitcoin price isn't stable. As a result they might get higher or lower amount while they receive it and able to exchange in fiat money. Everyone would be happy if the price rise during this time. But no one wish to see the sudden dump.
The employees need to exchange his currency to fiat money if company pays him through stable coin like Tether, TrueUSD etc. Cause they can't buy their daily commodities with those coin. So I don't think it would be a good idea as well.

This is one of the good ideas that I've read when it comes to bitcoin adoption. Making bitcoin as a salary is really what can matters the most to those people who are educated about it. If you have an idea on what bitcoin is, then probably you know how important this cryptocurrency to someone who owns it.

It is very difficult to let people know that bitcoin can make profits, they just think that bitcoin is a scam and it doesn't have any value in the market. That's the reason why ignorant people prefers to have fiat money as a salary, because it is easy to use in buying goods, it is a real money and they are not that into the use of modern technology.

Obviously, I agree with that opinion that there are still many countries that have not recognized it as a legal and recognized means of exchange. Of course this will have its own problems later.
it is better to stick to things that are already working maybe more practical and easier.

The idea is completely great Op.
But this is not new tbh.
Many micro job employees and freelancers get their payment/salary through Bitcoins.
Yes there is still some sort of steps required to make it an official way of giving salary for permanent jobs.
But in many countries still the government considered Bitcoin as illegal. So it will be really hard to make into effect to pay the permanent employees through Bitcoins.

I think it is not what about if it is legal or not in a particular country. Bitcoin and other cryptocurrencies are too much volatile to become as payment for employees. If you will imagine it is more like you were using Bitcoin on your daily expenses which is not a good thing to do. Bitcoins and other cryptocurrencies are more appropriate to be used as an asset rather than a currency due to the character it has. Apparently, using these cryptos would pretty mess up the system hence we should better leave fiat on this matter.

OP, are you going to buy Bitcoin to pay your employees in Bitcoin, or do you plan on accepting Bitcoin payments to earn the coins to pay your employees?

It's better to use whatever you are using currently, don't use it if it doesn't fix any inefficiencies.

Bitcoins don't really have a set value. It's based entirely on global exchanges, and it depends on how people buy and sell it online. Also Bitcoin and other cryptocurrencies are treated by IRS as property, not currency. According to the Fair Labor Standards Act, employers must pay their employees in cash or other negotiable instruments such as paychecks. Since bitcoin is treated as property, it's highly unlikely that the Department of Labor will consider bitcoin as cash or a negotiable instrument for wage payment. So, to answer your question, government can't pay employees using bitcoin for many reasons, some of them touching on its legality.

Bitcoin as a salary is not quite a good idea because not all people are knowledgable with this coin and also the marker is volatile you don't want to lose any amount of money because of this kind of volatility.

If you are an employee or a worker all you want is to have your hard work paid with the right amount and this is a fixed value.

If you make a salary with the use of the bitcoin there are some instance like

They will pay you and the market price of the coin is 12k dollars after a few minutes the market price drops into 8k this is so huge loss to you and as a worker, you don't want to have this kind of loss to the money you need to fairly pay.

Not a bitcoin payment but instead a digital payment but still in fiat currency and this is the best for now because some of them are stable and does not have too much market movement.

The best thing that you can do is ask with your government to make it clear because they make the regulation and they are officials of the government, so I am sure they will know about legal or illegal of using bitcoin as the payment for your employee.
Probably, in some countries which accept bitcoin, the owner can pay the employee using bitcoin directly to their wallet.
It can not be applied to many countries, especially if that country is not giving any statement about the use of bitcoin or legality of bitcoin in their country.
So until you ask your government, it is better to pay your employee using the method that you already used, so you don't break any law in your country.

It depends on the country you resides if the government is allowing their citizen to use bitcoin or they prohibits on using it. If it is legal, then there is nothing to worry about. The only thing you need to make sure is if your employees are willing to accept their salary in bitcoin or if they are not.

If you want to research paying employees in Bitcoin, then look to getpaidinbitcoin.com.au (https://getpaidinbitcoin.com.au/) which has been doing just that for a number of years now.  You instruct your employer to deposit some, or all of your wages into the account and after setting things up, you are either paid the entire amount in bitcoin, or, a portion with the remainder being on sent to a fiat wallet.

I can accept BTC if my boss is willing to pay

There will be no issue if your country consider Bitcoin legal, first thing that you need to do is to ask the labor department in your country about making their salary converted to salary, it should have approval of the majority of your employees there should be legalities on this, to avoid complaints from your rank and files, if you asked me I want Bitcoin to be my salary, because we have a lot of local exchanges in our country.  

noice . we need more workers like you that are not afraid to accept bitcoin . the only reason why workers dont want to get paid in bitcoin is because they are afraid with it  . afraid because they are a noob to it and afraid because of unstability if they arent a noob . i work on different companies before including large and small and i experience to recieve my salary in different forms . there is no extra law with what a company is using for payment , they can pay btc or any other crypto

In my opinion,
Your plan to pay salaries to employees in bitcoin is a great idea. And I don't think the government will interfere with your internal problems.

BUT ....
You must be able to explain to employees how your system works. If the employees understand what you want, your problem is resolved.

NOTE.
Your company is not associated with the government

Well I don't really want my whole salary to be put up in Bitcoin since I would still convert it into Fiat just to use it to pay for my bills and buy foods.
So for me I would still like to have it in Fiat and just put up how much I would save into Bitcoin.
We couldn't also risk our salary on having less value because of the sudden pumps and dumps that is happening on crypto so it would be better for me to have it in Fiat then convert what I could afford to save in crypto.

First of all, I love the idea that you decide to want to pay your employees with Bitcoin.
Some members have responded that you must receive legal advice to do so and that is correct.
When using Bitcoin in company, it depends on the laws of your country.
It will affect the IRS of your business, yours as the owner and that of your employees
As this analysis shows for IRS taxpayers in the US.

As for the legalities that would differs from jurisdiction to jurisdiction ( here you need to look at not just your national but also state laws). If i remember correctly there were a countries and few major companies in Japan and Korea that are already doing or experimented with doing this in the past.

Here is list of a few articles i found on it as well about their legality :

1) https://news.bitcoin.com/crypto-salaries-gain-regulatory-recognition-around-the-world/
2) https://dev.to/koabrook/so-you-re-considering-taking-a-salary-in-bitcoin-1ab6
3) https://bigthink.com/technology-innovation/crypto-salary
4) https://markets.businessinsider.com/news/stocks/new-zealand-legalizes-cryptocurrency-salaries-including-bitcoin-2019-8-1028442320
5) https://nomoretax.eu/the-legality-of-cryptocurrency-salaries/

That being said i cant really say how practical it would be to receive ones salary in Bitcoin today considering that most people would have to immediately convert a large portion if not the entirety of it into Fiat in order to meet their monthly expenses. So this might just add a layer of complexity to the process. Also since most governments would require you to pay your taxes on the received salary (assuming the employee plans to pay it) in Fiat it would add another issue owing to the volatility, as i assume that they would tax you on the fiat value of the Btc at the time you received it. If the price however moves down come tax season ( assuming he did not immediately convert his salary to fiat) then the employee would suffer major losses.

It would be interesting if employees are paid using Bitcoin, but there is a regulation in my country that lists the salaries of employees in the labor department using FIAT money, if the company is legal, but if the company is not legal there is no problem paying the employee salaries in Bitcoin,
 * legal here is a company registered in the governmentn*

If we talk about the usage bitcoin  will provably in good shape for implementing that option but there's a question there. Does the company can afford to lose more money if the market shrink? for sure this is a worse case scenario for them since if they select bitcoins and suddenly a huge crash came for sure the operation of the said company will possibly stop since they might gonna lose a huge amount for that scenario.

It should be noted that many if not all Signature Campaigns here on BitCoinTalk pay out their participants directly in BTC.  Some have a set price in BTC per post whilst others state a price in $ US which is then converted into BTC when the payout occurs.  (Essentially it's already happening)  ;D

I think paying an employee using bitcoin just happen if you are working in online job related to cryptocurrency but if you work is in the government or other businesses ,I think they will not pay bitcoin because it is not yet legalize nor accepted by the government like here in our country. Also if ever there is a company that want to pay bitcoin to their employee ,I think only few people will accept it because not all employee or person are already using bitcoin, some of them are not even familiar with it and also the problem ,bitcoin is volatile, how can be an employee receive his/her salary in a fixed amount using bitcoin?

Companies can pay the salaries of their workers in bitcoins only if it is legal in their country and sadly in most of the countries there isn't any whiteline regarding the legality and illegal aspects of cryptocurrencies and never to forget that even now only a few percentage of the world population know about cryptocurrencies, so why would companies go to such extremes for the benefit of their employees when they can easily pay their employees through cheques, bank transfer or in cold hard cash.

In my country it would be illegal because when the person receives the salary, social security money is always discounted and if you paid the person for bitcoin there would be no way for social security to discount the money. remembering that the money deducted from the person's salary by social security Is for the purposes of retirement and blood or death pension


it would definitely be a big problem and I wonder how in the future governments would make someone pay bitcoin wages and at the same time the government discount for social security

Very important to consider this, knowing if your employees are willing to
received the payment using this cryptocurrency.

Most of those people who are not really aware of this system always avoid accepting this as payment due
to the nature of being unpredictable, value always at risk unlike regular fiat you are not worried about volatility.

It's not the question of whether employees want to receive payments in BTC, rather it's the question of legality of such payments. Sooner or later the government will interfere, make no mistake about that. Any state needs money to finance national defense, education, transportation, health care and so on. And those money come from taxes. So, the government should figure out first how to tax crypto payments, and only then allow it. Some countries have already done that, as we can see from replies in this thread.

You can agree with your employee on how to transfer wages. Bitcoin is also a good way to do that. Your employees must know about Bitcoin and accept transactions.
I think it's pretty tough because they'll have to find a way to liquidate bitcoin into cash. If it were me, I would accept 50% bitcoin and 50% cash.

What about your ideas if a company earns in cryptocurrency and will pay salary in cryptocurrency (ie Bitcoin), and company that earns in fiat, and pays in cryptocurrency. I would partly agree with salary in Bitcoin, if my company earns in crypto. But if company operates in fiat money, pay me in bitcoin, and later I convert it back to fiat. That situation have a broker logic.

What is your opinion?

I think it depends entirely on the government of that country; If the government of a country legalizes the use of Bitcoin as a currency and allows the payment of Bitcoin as salary allowances to employees of various departments of the government, then of course it is possible to give them Bitcoin as a direct salary in the Bitcoin wallet; This will increase the transparency and dynamism of the work. I believe that in the future, Bitcoin will be introduced as celery.

It depends a lot on your current location and what country you are in. You must know that different countries have declared online currencies illegal for the country. If you fall into any of these countries then you need to get rid of this worry. Because the governments of all these countries will never give you the legitimacy to do it. And even then, if you want to do this by going against the government, you may have to stand up to the law.

Afaik, japan planned to pay some of their government officials with cryptos in the year 2017/18 but I guess they dropped that idea since bitcoin is not really stable so the employee may not get the right amount of salary in the fiat value due to rapid price changes.But there is no problem with paying them in cryptos as long as cryptos are legal and regulated in that country.

I see your point in what you are saying.

Its kinda useless if you will accept your salary in crypto (particularly in Bitcoin) if the company itself isn't accepting payments thru cryptocurrency. It will just cause a bit of confusion with the company and a lesser salary for you too because of the conversion fees probably and the transaction fees. That is why I don't see that this will be possible in most of the companies right now but I think there are some companies that are allowing this but these companies are accepting crypto at least.

Hmm this will depend upon the corporation/business if they have the option of paying BTC as your salary. Not to mention, this would also require for its employees to know and have wallets that are compatible of accepting cryptocurrencies.

This will be relatively difficult for countries who are not exposed to cryptocurrencies since only a handful of people know its existence. In addition, you should take into consideration the laws of a country since there are regulations that require for companies to strictly pay currency for their salary. Even if the employee were to agree for bitcoin as salary, this can easily screw up the company if it exposes that they are being paid of bitcoin.

Interesting idea from you but i think if any government did not accept BTC to his country that must be foul and no body will accept it as its illegal. On the other hand BTC market is very fluctuating and and fixed salary may be ups and downs because of market condition and finally there is a chance of ban your company from govt side. So its only possible for that countries only where BTC legal.

thanks.

As long as the employee agrees to be paid in BTC then I think it is fine depending on the level of regulatory laws around crypto currency.

Usually, short term jobs pay in BTC irrespective of the above and there's been no problem because the person then when they cash out in their countries currency then they legally have to declare it as salary and pay tax on it. 

So, as long as the employee extracts the money in legal way then I guess it is fine but I suggest to be mindful of the country's legality regarding pension.

As they mist see you as an employer who wants to pay their employee in crypto just to avoid paying corporate tax or something similar.

I don't think anyone will accept a payment means they don't understand.

This is the vital area. There should exist an understanding and agreement before Bitcoin as method of payment can be effectively deployed.

---

I remember once when I was to renew my annual rent in 2017 and I was moved to try the Bitcoin option (which seemed seamless for me) as my landlord was based in the US but I quickly dropped the idea as I soon realized that the dude was old school and may not understand or want to accept Bitcoin for payment. I was too laggard myself to try explaining anything to him then. The point I have laboured to make here is that this thing has to go with the parties involved coming to agreement before it could be used. You don't have to impose it on any employee. Otherwise you may run foul of the law as aggrieved employees can make a case out of it.

I doubt if there's problem about implementing it but the fact that most countries banned Bitcoin or having trouble trusting the volatility this might be the problem for them. What they need is a stable coins that would give them exactly what the salary supposed to be. Bitcoin is not suitable for that since the volatility of it is too high that's why I think most of the government/businesses avoid to use this kind of payment method.

It's not as easy as it says and it all depends on the country you live in, if bitcoin is illegal in your country, can bitcoin be used as a salary because it fluctuates and will be noticed by the government and will definitely be a problem if it's banned in your country.
and if the method is done individually or in a business that does not have a large workforce, it is likely that the method is applicable.

Why do some many people ask? "Is it legal"? I swear some people believe every little thing you need to do needs to be passed through some official legal law.
Is it legal to walk? Do you need to have it written somewhere that it is legal to walk in order for you to understand that it is ok to do? Well it is the same thing.

You can pay someone in whatever you want to. As long as both parties agree. I would not want to live in a world where paying someone a certain way is not legal would you?



No country has banned bitcoin what the hell?


You just making things up. Stop it.

This is questionable to your government. It is possible and if it is already approving the use of bitcoin. This will be good and easier  for bitcoin users among the workers there. You can suggest that to your government department and that will be taking tovyour government but if you know your government is discouraging people to use bitcoin by making hard rules against it, you don't need to try convincing your government .

I think that in the near future this is impossible. Bitcoin has too much value and it is unprofitable for neither the employer nor the worker. Moreover, what's the point of getting bitcoin if you need too many actions to cash it out and buy something.

The bitcoin market price is increasing and decreasing most of the time and using it as a salary in a company is not a good idea. When you think about it there should be no problem doing it as long as everything checks out or it's approved by the company and bitcoin has no problem when it comes to your government. But it might be a big loss to the company because of the bitcoin value that is going up and down. Unless your company is not a bitcoin investors or doesn't have any connections or doesn't even use bitcoin there is no reason to use it at this time as a salary. I think when its a small exchange or bitcoin wallet I think bitcoin as a salary is fine at that business.

This is still dependent on the adoption of bitcoin by government of different countries. When governments endorse bitcoin and it is being used by the masses, it then becomes a question of whether the company would want to pay in bitcoin or if the employees would want to accept bitcoin as salary.
I do believe however that the time will finally come when this will happen. It may not be soon but eventually it will come

That would be their decision and I think it is just optional for every employee to get paid with Bitcoin or fiat. If most establishments never accept Bitcoin, still it not make sense because they will convert it into their local currency. In that case, I've preferred also to paid with fiat to avoid a hassle in my part.

Yes, it somehow the moment will come soon and we don't need to rush with it until such time that we are totally prepared for it. Things can't just be done in a year, a decade but it must be done once we fully welcome in those changes.

This can only happen if bitcoin is somehow controlled by the government, which means it will lose its preferential function - to be an anonymous, independent financial unit. In any case, what has already happened to bitcoin over the past 5 years gives us the honor of being proud to be present at this even

I am sure as long as taxes being paid after making a certain amount income it would be ok. But also I think it would really only matter when he chose to exchange the crypto for fiat.

As long as you do not sell the crypto I do not believe you have to pay taxes on it.

But as an employer I think you giving it as a payroll you would have to claim it so I am not sure. The (example) $400 you pay him today may only be worth $300 tomorrow. Or $600 next week!  You may have to document the price at the time of payment! This would be a great question for a tax company!

On another note I live in Grwat Arkansas if your looking to hire another person and pay BTC. LOL

It all depends from your country and regulation. It's illigal almost everythrere

I think it is true, because it is impractical to force it to do so because what is needed is convenience so that it can be used immediately, if this is of course we will make transactions first because we know that not everyone can directly accept bitcoin as a means of payment. do not force things that are not profitable for workers.

Hahaha. But technically, it's still in Bitcoin.

I believe people, in general, would not spend their Bitcoin if it wasn't earned Bitcoin. Plus if Bitcoin doesn't solve an innefficiency for OP, he should not use for payment of salaries.

First of all it may be possible in case BTC is accepted like the means of payment along with banking cards and fiat. Because especially governmental employees have to declare their income that is official at least once a year, so they should include into their declarations the means that are allowed in their country. And of course lots of depend on the inner policy of the country. And also BTC for salary is not very suitable because of its changing price)))

It is pretty far that bitcoin will be use by the governments as salary in paying their employees. There are many hurdles yet that needs to be resolve before it will come into reality but with regards to other organizations or companies then I am pretty sure that there are few already that are already implementing it.

With regards to my experience, I have also used bitcoin as a salary to my employees that are in other countries so time will surely to come that bitcoin will use by most of the governments that are ready to accept bitcoin in the future.

I think in public institutions it is very imposible for now to use bitcoin as a salary of the employees because now everyone knows how bitcoin works and what is bitcoin and also it depends on the country you are living because there are countries who do not adapt bitcoin as a mode of payment or what and also there are governments who do not accept bitcoin as part of their daily living.

That's right, we need wise laws/amendments regarding receiving salary in Bitcoin. Some current rules are ridiculous and I would regard them as unacceptable. For example, in this BBC article (https://www.bbc.com/news/business-42435838) they say that "employees may need to pay capital gains tax if their Bitcoin has risen in value". But what about Bitcoin going down in value? Would the government compensate the loss in that case? Maybe it would, because it would be fair after all, but this should be spelled out in the law.

A few people here are over-analising being paid in BitCoin.  Say your wages are $ 1,000 and you end up with in the hand $ 850 - that amount is translated into BTC (less a nominal transaction fee) - Regardless of the price rising or falling, you were paid $ 850 in bitcoin, so that's what you were paid... $ 850.

I feel like it can be valuable information, but I don't get what you mean, tbh. Why someone is receiving $850 instead of $1,000? You don't mean that transaction fee can be $150 today, right? So, what happens with $150 then? Or do you mean income taxes on wages?

Also, most people don't care about the purchasing power of their salary at the time of payment. They want it to be stable, for several months, at least, for their convenience. People don't want to gamble with their salary.

Salary in bitcoin should be a deal of responsibility since bitcoin has great volatility over a short period, which is not suitable for someone who doesn't understand bitcoin.
When bitcoin increases in price your employees may be happy, but if bitcoin falls in price after you pay them, they will curse you. Be careful with your plan.

Not all salary payments using bitcoin are accepted for all employees because they have no knowledge of bitcoin, unless they work for a crypto company and already have an agreement with the company to receive their salary using bitcoin.

I think bitcoin is not included in the law to become a salary for employee. IF it is accepted by the government then employer can pay their workers with bitcoin. Although bitcoin is volatile ,i prefer to accept my salary in bitcoin because if ever the value of it will increase i can make profit more than my salary.

One country I know that legalized the usage of Bitcoin to pay employees salary is NZ.
Although I am not entirely sure if there are specific companies paying their employees with any crypto coins of any sort, but due to its volatile nature, I doubt that people that just recently heard about it would allow it.
I wouldn't mind getting paid in that any day.

Bitcoin for salary has a   disadvantages and advantages . We all know that bitcoin is volatile and receiving a fixed salary through bitcoin can give you more profit or either it will decrease your salary amount. Also Government laws still not including bitcoin as a salary for employee.

I dont think so as it will stop the regulations of local currency that was supported by the government.

I wouldn't mind getting paid in bitcoins. It would make my life a little easier. But only if I could make all purchases using a crypto card.

First, you need to find out if bitcoins are legally used in your country.
If not, don't even think about paying employees in Bitcoin.
If your country accepts bitcoin, then you should create an agreement with your receiver and declare a disclaimer of the bitcoin price increase and decrease.

That would be a good idea only if all you workers are cryptocurrency literate or if it an ICT organization,and to get this all the staff must be surely oriented to agree willingly to accept that means of payment so you won't find yourself to blame incase of any complications but I will suggest you keep on receiving your salary the way it has been coming while you may convert yours into cryptocurrency.

They don't have to be literate because you as employer will Let them learn about crypto and tell them the advantage and disadvantage of this currency.

In that are they will be accepting Bitcoin and also will use Bitcoin.

THis is a win win situation since we wanted to explore the use and knowledge about Bitcoin and also cryptos.

I think that this is not a problem especially in more developed and progressive countries. For example, such as Germany or England. In countries where bitcoin is currently not legalized and banned from circulation, it will be more difficult to do this, since there bitcoin does not have legal force, and labor remuneration always implies bureaucratic costs.

Last year the tax authorities of New Zealand legalized the usage of bitcoin for paying the employees. This is being given to the employees directly under the management. It is calculated to generate good revenue as tax calculation on cryptocurrency were recorded by the firm. People have found it to be advantageous as well as disadvantageous. This is upon its hard price fluctuation, creating a difference in the value received on fluctuation affects the user.

There are some reasons why an employee may request his or her boss or company to pay in Bitcoin:

1. Mass adoption and awareness
2. Chances that BTC may rise it's value (but also lose value) and he or she should understand these risks
3. Easier way of receiving payments than just payslips or bank deposits

Right now, my salary is in Bitcoin, Ethereum or USDT and got no problem whatsoever. As long our country legalizes Bitcoin as mode of payment, there would be no problem for clients or companies to pay their employees with cryptocurrencies.

Its not a bad idea if one chooses to receive his or her salary in Bitcoin but it also depends on the laws of the state or country it's disadvantages will be those who are not acquainted with the system it brings alot of issues ... But will love to receive my salary in Bitcoin although its not an adopted system in my country

Well, you have a good point on this. If the employees will adopt bitcoin or other cryptos as a mode of payment on their salary, --will definitely good.
The mentioned above was right, perhaps it will only take only a half-hour upon distributing the salary will immediately on their wallet. Not just like using payroll to pay their employee will perhaps consume almost 1 day processing the salary per month. However, you will also give an attention the disadvantages upon using and accumulating bitcoin.

TAXES - I was meaning taxes.


The one real problem being paid in bitcoin has at the moment is the volatile nature of the price Vs the dollar.  It's comparable to the great depression.  You would work till noon, get paid, go out and buy *anything* work the rest of the day get paid again and what you were paid would have less buying power, so you again go out and buy with what little money you made.  You end up not saving any funds and can't afford to buy anything more than essentials: Bread / Milk / tea/coffee...

Well about your question Ill think it will need time to discuss from a government if they are allowed the payment will be bitcoin. So many process to make to be acceptable because we are having used to our salary is using cash or transfer in our bank account and cheque. And actually that was a good Idea for us doing in cryptocurrency but the other people has not familiar about bitcoin maybe they are against on it.

I don't understand how what is standard and is already running well, the system wants to be changed just because it accommodates bitcoin. I don't think it makes sense that it makes it even harder for them to exchange them when they want to shop because we know that not all of them can accept bitcoins.

I think these things are possible for those countries that consider bitcoin as legal, there are still some countries who don't use any cryptocurrency so for sure they wouldn't be recommended for that thing, one issue for this is also if the countries are good at bitcoin then what if the employee in the company is not using any bitcoin wallet or they don't have any knowledge about cryptocurrency, I think it would be hard for them if this would be the situation.

Your idea is really good especially at this time, but I think the majority will still prefer to be paid through their bank accounts.

It should be choice available to their employees by the employer if they want to get paid in bitcoin or in fiat. Not many countries have the merchant accepting btc for their good or services but some of them do accept it and helpful as well while transferring money from one place to another which is quick and cheap as well. But not sure how many companies have this option given to their employees. In near future this will be given more importance for sure.

I disagree. When you are paid in Bitcoin, it's not certain that your salary will get less buying power with time. It's an undeniable fact that you can also profit from waiting. And if you don't want to gamble with your salary, you can always exchange it for a hard currency, like USD, Euro, Swiss franc or British pound sterling, right away. But one might ask, what's the reason of being paid in Bitcoin then? Well, in some cases it's easier to find a job abroad if you are willing to receive payment in BTC.

I think bitcoin as a salary is not quite good because the market price of the bitcoin is volatile and if you are just a typical person who would like to earn a same amount of your hard work and the price of the coin drops its a huge problem instead you have a good income and paid fairly. Its better if they have some options about making changes on their salary if they want to make it into a bitcoin or make it into a fiat but only support the use of the investor and a trader but if you don't mind the use of the bitcoin you can choose the fiat currency. Also I think with the age of 20s are the one who start makes an investment on this but if you are in the year of elder i think they don't need this kind of bitcoin salary all they need is the real money so they can sustain their life and support their families.

i am open on this,actually once in our meeting i opened this up and the bosses ask me to elaborate what is the advantage
 or if this will be a  good idea.

But after a year still no update so i am planning to follow up before this year ends for clarification,maybe our bonus will be in Bitcoin  :o
i find nothing illegal on this,we as employees/workers are entitled to received payments,either check,online or physical so this is about Us
and the employer how they wanted us to be paid.

That would actually depend on the value of Bitcoin since people doing that job needs to still earn the right amount of their salary and being payed in Bitcoin is an opportunity to have it fluctuate at any second BUT there must be some necessary regulations made by implementing that since it would be unfair to just give people lower salaries.

I think this could be a good method for payment to employees but there are some countries where bitcoin is not legal so in that case employees can't accept payment using bitcoin but still this method is possible where bitcoin is legal like Europe japan and some other countries but countries like India it's not possible because goverment does not legalised bitcoin as a legal tender

Bitcoin for salary isn't a bad thing!!  practically pay with Bitcoin has been implemented in this forum (a signature campaign that pays with Bitcoin) but it still cannot be widely applied because of the lack of education about Bitcoin and the general public will definitely refuse for various reasons such as not understanding or fear.

It is not for all countries but lucky if one of us are allowed to use and buy Bitcoin so we have a chance also to earn this from our salary.
Imagine your payments from work go directly on your Bitcoin wallet,and if you are a trader then go directly in exchange to trade.
that was cool mate.
so If your country support Bitcoin then You may ask this to your employer
for them to consider paying you and your friends with cryptocurrencies .

I agree with aarif that it will be a good method since countries that will use it can set it as an example of a flexible way to earn your salary AND another good point by carlisle that Bitcoin users can directly use it for trading BUT we should remember that its the salary that you are meant to use to buy necessities and these means that you have to redo the budget that will include trading since you can earn more in that way.

Having a salary paid in bitcoin have positive and negative outcome. Bitcoin is volatile ,you either gain profit or losses from your bitcoin salary, so it depends to you if you will accept bitcoin as salary. Here in our country, that was not implemented yet because  that is not legal and still not yet accepted by the governments.

Using bitcoin as a payment method of payment of salary, is a very big welcome development. Because we are era of technology, which Blockchain technology has made everything transpires for every given transaction payroll. And is more reliable and recorded... Hopefully government we soon adopt Bitcoin in a very short period of time.

It would be great if we get paid with bitcoins, but unfortunately, it's impossible.
Most of the governments cut taxes from our salaries, but they can't cut it from bitcoin because of its decentralized, and there's no way to control it. The government are against it and they'll never replace fiat with bitcoins.

That could be great of paying or getting salary in Bitcoin and other crypto.. but there are several regulations ands laws in all countries about the cryptocurrency. In the context my country, Nepal the government has prohibited the minings and local transactions of cryptocurrency but gradually the hype is increasing as the IT sector is step forwarding..

There are some companies that do just that but they are still countable, in my country no big regulations are being proposed regarding cryptocurrency as a salary. The closest thing that I can think of bitcoin as salary is streamers accepting crypto donations ( I do not know if that counts as one but some streamers are considering it as a full time job). My hopes are high for bitcoin adoption or cryptocurrency adoption in general in my country. The only problem that I could think of is whether the employee contributions such as 401k or insurance will be deducted in the employees bitcoin/cryptocurrency oriented salary with cryptocurrency.

That's a big risk in your part as tendency that government may declare it as illegal will surely put you in a risky position,
if government ban this alternative money which they can and chased people who are not following their rules.

In terms of volatility, it's nature for bitcoin being played by investors and traders the
value depends from how the supply and demands will bring it inside the market.


this is an example of risk, government can prohibits people from dealing with this system. Government mostly unaware of real usages they are just relied  with negative news and follow it to the point of banning everything.

You are right. There are lots of private companies now in different countries who are paying Bitcoin as salary for their employees, and its just a proper understanding and agreement between them to implement this.  And I think as for the Governments or public  servants, its not possible to pay them with Bitcoins especially if it is not legalized in their country.

This is the common problem of other members right now they would like to make an investment and make an additional income. The problem is their country is banned and prohibited by their government which is a big deal if they tried to make use the cryptocurrency there is a chance they will go to jail and we want to avoid this kind of scenario still it's better to follow the law instead of getting more push to your self and would like to achieve your wants.

I think is possible if a country who accepts cryptocurrencies especially bitcoin in their society agreed with their workers that, them wish to be pay with bitcoin instead of paper money.
Am ensure if workers especially civil servant's protest towards it, government will accept to creste bitcoin wallet for their payment with bitcoin.
And if such happen in one country others countries will emulate to pay their workers with bitcoin.

Many countries are already banned BTC. But I hope they will understand their mistake and give Bitcoin legitimacy. There are many advantages to use BTC. People can earn some revenue for the country by investing on BTC market. It is very beneficial for the economy of developing countries. On the other hand, Bitcoin's transaction fee is less than other medium.

How is that impossible?

If we are just talking about cutting taxes from our salaries, they could just deduct that certain amount from the salaries if they wanted to. It is not a problem but I think the problem here is the volatility since we might be surprised with a salary with a lower value if we will be accepting Bitcoin. Companies could do this, not just the government.

For making payments it is OK. But the OP is suggesting the employers to make salary payments using Bitcoin, which I don't think is a good idea. The prices can fluctuate by up to 80% in a single year. And if that happens, you will be in trouble. Rent, utility payments, taxes.etc need to be paid in the form of fiat currency. You can't say that the exchange rate of Bitcoin has gone down and therefore you won't be making these payments.

I haven't try yet having a salary with the bitcoin. Because I don't have my portfolio yet most of my friends are already earning with the use of the bitcoin some of them at having a request to their client to make a payment as bitcoin. They have skills on art so they usually having a customer with internationally too.

If I have a chance to choose of bitcoin or fiat as salary I think I would like to prefer on using the fiat because I just want to paid fair and avoid lose money because its volatile.   

I think it depends on what country you belongs. There are already companies, even just from the early stages after the release of bitcoin, there were already some companies that tried to pay their employees using bitcoin. If you will be implementing this kind of payment salary, you should consult first to your local governor, I think that's the best idea, and you can tackle everything regarding that one. For me it's fine to be paid using bitcoin for the work I've done.

When we are going to implement a salary in cryptocurrency, I don't think that bitcoin could be the best option. Putting our minds as a payroll employee, we will not risk our funds to pay fixed bitcoin in salary when the price of it is quite bullish. And as an employee, we couldn't just accept a fixed bitcoin amount of salary when its price is too low. Meaning, we could either choose a cryptocurrency with low volatility or to choose a stable coin. This could be resolved once everyone believes to bitcoin and its price continues to increase without worrying a declining market.

Their is now way a governor of a state will implement such law without the concept of federal lawmakers, because pleasing workers by paying in with btc will not pleased everyone's in the state except its implemented in federal house of Senate before it will function properly.

I think there is no need to use bitcoin on salary, it is more convenient if we used fiat because it will not going to rise or maybe fall so we can assure that the salary will be consistent. While if we use bitcoin we dont really know when the value drop or maybe rise so the salary will be no assurance to be consistent. so i beleive that using fiat has more advantage than using bitcoin in giving salary. However everyone can simply buy bitcoin after recieving a fiat salary It is all up to them.

It all depends on who wants to send or receive a salary,
Usually cryptocurrency activists prefer to be paid using cryptocurrency or bitcoin rather than fiat, because it is easier, faster and there are also transaction records which of course can be evidence when one day there is a problem.
and I personally, of the many transactions that I do or the salary I receive, on average use cryptocurrency (especially bitcoin),

The idea of paying employees is good enough. Because people are more interested in the cashless transaction. I am from third world country, in here, govt employee got paid through a bank transaction. So the idea is not a new thing but paying Bitcoin can be a new thing in real life.
It would be great if possible and accepted by all the employees also. But we have to keep it in mind that every employee is not educated. You have to need a minimum knowledge of how to get or withdraw from your wallet.

In my opinion Bitcoin for salary only applies in countries where cryptocurrency is legal. But legalizing as a whole is not only legal
as a digital asset, because in my country Bitcoin is prohibited as a payment. Including salary payments, not allowed in Bitcoin.
I also believe that there are still very few companies that pay their employees in Bitcoin. It's not because the price of Bitcoin is volatile,
but it's a lack of education that makes a lot of people don't know the basics about Bitcoin. If the number of Bitcoin users around
the world is large, it is likely that many companies are paying salaries in Bitcoin.

This is really very good. Just job pay why I think in the future all kinds of transactions will be through bitcoin. But it is only possible when the government of a country legitimizes it. When the government legalizes Bitcoin, all the people in that country will be able to use Bitcoin for all purposes, and only then will we be able to use Bitcoin as an employee's salary.

Same thoughts here. We all know that bitcoin is volatile in nature. So if the salary will be given in btc form, it's just risky. I mean, you can't really budget your money. The price may drop drastically and you still haven't paid your bills yet, then there's nothing you can do about it. With that idea, employees may not agree with that as well. Maybe we should just stick on the part that we can buy things or pay stuff with it.

Having to find a buyer to quickly cashout gets tiring especially with everyone undercutting one another's buy orders.

It is totally dependent on the laws and policies of the government of that country. If that country permits bitcoin for transaction, emplyees may be paid through bitcoin wallet. Otherwise salay with bitcoin will be illegal and that organisation  may face different obligations of the govt.   

Its not just dependent on the laws and policies that allow them to have Bitcoin as salary since they still need to at least have a steady Bitcoin value to give them as salary since its not easy to just have lots of Bitcoin to be used as salary. The company and government also needs to study if Bitcoin can be a better way to have as salary and must be approve by employees of the company that will use that system. 

This is really good and great idea, but i think it will only happened in countries where crypto is legal and accepted by the government. We all know that crypto currency or bitcoin is volatile, unlike to cash that is consistent it's value. And I think that scenario may lead to the future conflicts between the employee and employer.

Another problem that might come up is that people with the privilege of earning in Bitcoin might forget that they need that money to be used in their own needs and not just another addition for their investments since that is equivalent to their monthly salary. Nepal doing that big move might be due to the lack of research and the bad name of Cryptocurrency has made within their country.

I think the government will interfere with that due to the tax matter. Also I think it would be unfair for the employee if they receive a bitcoin then the price drops because of the volatility of the market also it depends on the country whether the cryptocurrency is legal on a certain country.

I think when you are paid in bitcoin you don't pay that much directly with bitcoin. Personally I would just transfer a big part into local currency and just keep the leftovers for later. I don't see a lot of opportunies to pay with bitcoin here.

Once an agreement is made between the employer and the employee if possible include the organization or company lawyer as a signatory in case of any breach I believed payment of salary with bitcoin is very possible, however the instability in the price of bitcoin can make or mar such kind of payment.
I hope with time and in the nearest future some employers of labour will adopt that type of payment as salary instead of fiat and it should be optional based on employer request as it is now people identities is very important without passing through a third party like banks.

Sending your employees' salaries directly to their bitcoin wallets is one thing, giving the government its share of your employees' salaries is another. So, I think, there won't be an issue if you will send them separately. The government doesn't have a say on your employees' private money anyway. It's a different story, though, when your employees start using their bitcoin to buy stuff. They'd be taxed for that.

It's good that employees would receive their money in bitcoin because they could also use it as an investment. But I think it will be troublesome if an employee would accept bitcoin as a salary because bitcoin's price is not stable.  Companies will also have difficulty sending their salary for a long time and paying high transaction fees when sending taxes, so only a few money will be left on their salary.

For sure government will do that as they will not be getting anything from the taxes, what if everyone made this options. In regards to employees, they needed to understand first the setup before discussing about receiving this form of currency, knowing that volatilities are really have a huge presence from this industry, they are prone to lose value of their hard labor.

it will depend on the regulations of the country where the company is located.
but I don't think that paying employees with Bitcoin directly to their Bitcoin wallet is a good thing for both since the bitcoin's volatility is high.
a bitcoin payment gateway that will automatically convert bitcoin into fiat to their bank account will be a good option for this problem.

Absolutely, that can actually happen if you convert your bitcoin to fiat and then you will cash out that money through banks especially local banks. They might give us taxes while withdrawing that money. But actually as of now in my country it doesn't have taxes to give when you are withdrawing because there are lots of ways to prevent payment when you cash out.

In my opinion it will be a good development but there are several limitations to this especially on the side of government workers. Most government workers especially in the local government levels are old people and some are uneducated. So to achieve this
1.you have a whole lot of work teaching them about this new method and how it works
2. Explain the level of risk and give them hope that their finances are secured.
3. Teach them how to make withdrawal with it or exchange it or do what ever they want.
4. You know crypto currency deals with wallets and wallets have keys and you know if any key is lost or can't be remembered then that wallet is lost. And this old people can't really cram figures or long patterns.
 So these are the few limitations this development might face which might result to serious issues on the side of the workers.
5. You know you don't withdraw crypto currency directly just as you do for physical cash rather you exchange it for something except for the new development of Bitcoin ATM made available now. Mean while these workers are already familiar with banking system. So introducing this method will be a whole lot of stress and inconveniences on the side of the workers.

Several things should be considered first before going into such transition.

-Ask out if your employees would be willing to accept crypto as their salary ( This would require sufficient knowledge and understanding on their part - therefore telling out about crypto would be part of your job).

-Countries law towards crypto (If your country do have specific laws towards crypto then you would need to abide).

I doubt that your employees would accept the new payment system knowing about volatility but since you're the boss then they wont have any choice but to abide with it.

I think that should be a choice of that employee.

The fact that the employee are accepting Bitcoin means they know what it is and how volatile it is. Obviously that would raise some brows since that could be really unfair to people that is why companies, if they ever think or thought of paying their people with Bitcoin, they should let them choose whether they will accept Bitcoin or fiat.

I guess, if government legalized bitcoin as a salary payment, it can go round all the industries using fiat to pay their workers,and to start paying their workers with bitcoin.
It will reduce the stress of the employers,and employees going  to the bank to deposit and withdraw fiat money, if its legalized in the country, and also accepted by employees and employers.

I think this is very confusing to the workers because right now even the bitcoin is supported by my country they are making a lot of rules and regulations with the use of it, also it's not quite fair to the people if they are using the bitcoin as the mode of payment, the bitcoin is usually used with the upper class but if you are in the middle and the lower class do they mind what is the use of the bitcoin? I think they will not because one of the most important to them is to have the money immediately as a use for their daily needs just to survive in this society. It is better if they have a choice if they agree on bitcoin as a salary or not, only a few establishments supporting the bitcoin.

  it depends on how really you actives on investing or in crypto bounty works ,you need a patience hardworking determinations to do work in bitcoin and focus on what you are doing about in crypto it really affects sometimes base in your knowledge that you make a lot of learning in bitcoin and communicate to the bitcoin professional and take some idea of one of them

Currently in countries like Venezuela if they implement this type of payment in Bitcoin, it would totally suppress emigration to other countries, sources of work would arise, although it could have some problems in the accounting part when paying taxes, since the government would roll its eyes totally in said company. In order not to have problems, an agreement would have to be made between employer and workers as is happening today, since payments in local currency are miserable due to the very high inflation.

I think there's a lot of platform out there providing a service to distribute salary in crypto to anybody globally.
The concept and the system might will suit perfectly for the global company that paying out their employees around the globe as things will be much more difficult if you do it locally.. you need to fully understand how the law might blocking you doing this at certain place.

The question that pop up regarding this always like how legal is it yeah .. always complicated.
You know the tax treatment is different on each country under different law.
Fuck the system anw. Just do it with those well known platform and see what comes next.

I think this works well for countries with a big inflation. With big inflation even bitcoin is a 'stable' coin.  ;D

Of course, it will all depend on the country you were placed in, if you are in the countries who against the use of any cryptocurrencies especially Bitcoin then this is definitely foul on the government, and if not then it is up to the employer and his/her worker come up to. However, I don't think it is a good idea for us to use Bitcoin as a wage simply because crypto is too volatile this might only cause confusion on the common people who don't have any idea on it. Moreover, crypto commonly works as an asset for an investment comparable to gold. Therefore, think we should leave fiat on this matter.

Agree, why would even an employee accept something that he doesn't want to use anyway? It will be so unfair especially if he really need the money right away for the bills he has to pay, and we all know almost all of those monthly payments only accept fiat currency. If bitcoin salary is a hassle for their everyday life, then we should not force them to receive bitcoin. We already know that bitcoin today isn't widely accepted in local stores today.

It will be fine as a choice for the employee but not as a fixed rule. Even though I use bitcoin, it's not good to hear as an employee, what more to those who have no idea what bitcoin is, and is living day to day waiting for the end of the month for the salary.

Legality of paying btc to your employees or anybody you want to, depends on the country you live in and the state of crypto there. To be very honest, there is nothing that can stop you from paying BTC to your workers, but you need their consent that they are interested in getting paid with BTC. You get paid in BTC, your campaign pays you after calculating your total payment in USD and then convert it to BTC based on its value at that time. I get paid the same way. So what's the problem?

Actually it is very difficult to implement this in a company. First not everyone will have know how about bitcoins and secondly the crypto currency must be legal in the country where this system needs to be implemented. Also you know that taxes are calculated and deducted on salary, companies pays taxes also, all of this needs to be incorporated into the system also.

This is very simple, if most of the workers cant able to accept salary in bitcoin then, the company will sell their bitcoin and convert into cash to give it into their workers, then, if they are willing to risk and accept bitcoin as their salary weather it will lose value or gain they need to understand first how the volality of bitcoin works.

I guess there's a slight problemm the conflict to your company and the government since bitcoin isn't regulated yet.

You should make it more specific if you want to talk about this. Which government you are talking about? It depends on the laws in the country. For example, in my country, Bitcoin cannot be used as a payment tool. So, if you want to buy something, you need to convert it to our currency. But if you use Bitcoin to pay the salary of the employees, I think there is no problem with it, as long as there is no law to forbid it.

Well, this depends on the time and company we are talking about. If this is implemented, that just means that bitcoin is not just the crypto currency we know right now, it is been a popular alternative to fiat in this world. That means it is legal and almost all of the people in this world know it is. That also means that income taxes, regulation and the system is not a problem.

I think this also depends on the government.

Upon knowing about this, I don't think the government will just let this slip by. They will find a way to regulate this kind of payments and they will make laws all about it. If that is also the case, I think that a lot of people are actually using it that it is an alternative to fiat hence it might already be accepted or regulated by the government. I think that future is still quite far from now.

I think in my country which is Philippines, it's impossible to happen or maybe it will happen after so many years, why? it's simply because not many people in Philippines know about bitcoin or crypto currency in short they don't know what it is or they have a very little knowledge about it. But for me as I've known this industry of course receiving salary inform of any kind of crypto currency will be a good idea because of less hassle but the down side is that the price of crypto is not that stable it changes time by time so before it happen, I guess it need's more further study.

I came from Philippines also and I second emotion to your opinion because there are three billion people here in the Philippines but less than 1% of our population who knows about cryptocurrency and some of them knows only about cryptocurrency but they are not users so I don't think giving salary through cryptocurrency would be possible here in our country.

Companies would never do that as of now. Imagine having 10,000 employees in your company, meaning you're gonna have 10,000 transaction, (transaction fees) x 10,000 is a very huge amount already. So it's impossible for now, I mean they can do it but in Bitcoin at least. XRP is a good example as an alternative to Bitcoin if a certain company is really serious about their employees salaries in Bitcoin.

But still, it would be better in fiat and if their employees want it to invest in Bitcoin, they can. Less the hassle, less the fees.

I am also from the Philippines, kababayan. I live in a province and it is true that there are only a few people know what bitcoin is, let alone crypto currencies. Usually they know some local exchange but they don't actually use it for bitcoins but just for the fiat. People don't even know what it is, let alone use it and receive it as a salary.

Bitcoin awareness in Turkey, where I live, is very high. So much so that even the main sponsor of the national football team is a local bitcoin stock market. Despite this, I have never heard someone getting his salary with bitcoin. I think it is impossible to happen in the near future.

All depends on what kind of company you work for.

Lage corporations: no chance they would pay your salary in BTC, there's just too much bureaucratic headache
Small, nimble, international startups: hell yes (quite common actually, based on my knowledge)

Getting your salary paid in BTC is especially convenient if you are a nomadic individual or one who resides abroad. Depending on where you live, if you can get paid a portion of your salary in BTC from an employer in another country, that should technically qualify as income from abroad which is not taxed in many countries (or, of course, if you get paid discretely it's even better).

Personally I think it's great to get paid in BTC as that skips the headaches in dealing with FX and banks, etc. It also automatically helps you save/hodl money. If you work for a distributed tech startup or crypto startup, you should definitely ask for BTC salary payment!

If the payment will be in bitcoin converted to the local currency I don't see any problems. If they say you will get for example 0.2 BTC a month I would think again and don't go for that. The Bitcoin is still to unpredictable and the mortage still have to be paid in local currency.

It doesn't seem reasonable to me to take or pay the full salary in Bitcoin. Because a person's family depends on salary. And if this salary is paid through Bitcoin then that salary has no fixed value. Because the price of Bitcoin goes up and down. In that case, it is not possible to estimate exactly how much I will buy and how much I will save.If Bitcoin is suddenly dumped, my entire salary is likely to be halved.

You should know that it may not be convenient for them. Let's say their pay is $200. Sending $200 worth of bitcoin wouldn't be cool or encouraging. If you want to pay them in bitcoin and still have them happy, send the $200 with extra. You should consider the fee it'll cost them to exchange and withdraw it to fiat too. Also, before doing this, ask them their opinion to see how they feel about it(Because it won't be a good idea if it is pressurized)

A nice point because such transition neither can be good or bad in the view of your own employees and its true that there should be at least extra when sending out funds due to fees
on the process on making those to fiat.

Quite hassle eh on your part? Being a crypto enthusiast isn't bad but there are some situations that should be in exclusion due to various factors but if you do really push it hard
then you can do it but be sure that everyone would really be in order because some people wont really like the idea on accepting on something which might
really be that too technical for them.

For people who are aware with crypto then they might consider this option but for vast or majority then I do still doubt on that.

This would cause a massive dump on the price of bitcoin. Deposits from the employer will pump it a little, and ofccourse the employees are bound to withdraw it. This will cause a severe dump into the price and may even halt one of the biggest reasons bitcoin is at its prestigious level right now which is trading. So I'm totally against it. Not because I don't support bitcoin, but because supporting this venture will hurt the other commerce.

However, paying conventional money is the best option. Not all employees understand bitcoin, right? after all, not everyone agrees with this, considering the huge risk, especially as an employee who makes that income the main source of his life. After all, there are easy ones why choose the more complicated ones?
One day, if bitcoin has been accepted and is truly effective and adopted in many sides of life, making bitcoin a salary can be an alternative. But it looks like it's going to take a long time.

Bitcoin is also a currency and it’s can be converted to any currency in the world. So with these understanding I don’t see any big deal with paying salaries using bitcoin.Its just to educate the employees about bitcoin and help them setup their wallet now instead of having account details the company would rather request for the wallet address of their staffs. All payment would be made through bitcoin and the staff is left with the option of trading the bitcoin or using it for other markets purpose.

The process is possible and can be done but what is lacking is the amount of time to do research for each country to adopt this possibility. Most government departments are not even knowledgeable with Cryptocurrencies even those side of government who are leaning within the Technology side. Bitcoin as a salary would be first implemented in Private Companies since they can have their own researchers within their facilities to conduct if its a better form of salary.

This can be only done in countries where there's no restriction on the use of bitcoin, organizations can decide to pay their employees with bitcoin it doesn't concern the government, but also have it in mind that not all employees will understand how to use bitcoin,they are not technologically inclined, most of them might not even know how to browse on the internet, so I think this will be the only hindrance for this payment method.

If that is a digital company and employees are into Cryptocurrency, that may be a good option. But if its a usual company, that will only create problem for the company since they will have to convert fiat to coins and after the employees have received it, they have to convert it from coins to fiat. That doesn't makes sense, its hassle and will cost a lot of money to do that. I think it is going to be possible in the future, we are too early to jump into that kind of system. Its possible but not timely.

Asking also the consent of the emplyees from doing so is a must. What if they are really not into cryptos? That they prefer fiat salary? There is a tendency for them to oppose with idea. But atleast educate oneself before sharing the knowledge in order for you to be convincing if you are making this action to help the employees. 'coz not all people are willing to take risks on investments. Also, there is an option to convert into fiat but there are fees in exchanges which would somewhat lessen the exact salary. It is a good idea to do so but it requires ways in order to be effective or successful. The thought is already there.

If they are not interested with cryptos, it would be inconvenient for them because they will need to use exchanges in order to fully make use of their salary or if it is third party, fees will be shouldered by them, unless not. But if they prefer fiat, you don't really need to convince them, sharing your knowledge would be a good approach but you cannot do nything if interest is lacking in the first place.

It would be pointless because people wont find it appealing specially if the dont know bitcoin in the first place.Care to explain? yes you can but they would really end up
on using their own money with those fees when it comes to conversion same as you mentioned and that would be an another issue for them.Some may say that
it would be complicated and would surely reject on the idea but there are some who would welcome for such change.As we know that we cant please everybody
so it would be better if we do stick out to traditional ways and introduce bitcoin into other way.

This will be an ideal situation but authorities will not want to implement such due to their bias towards BTC and other digital currencies. It is just a matter of time, things will naturally be unfolded. 

At some point this idea i guess will go through a lot of process before it can be implemented. Though it may be possible in a country where they legally adopted bitcoin. But if there was a company which would try this as long as they were in the country which open minded for the bitcoin then i bet this was a good idea. Bitcoin were known by many but not yet considered as legally used currency. There's some other countries which didn't considered bitcoin yet.

Mine is directly in my bank so i convert some in crypto to stay as investment,But having a chance to receive in bitcoin ?this is a privilege that will surely adopted by me instandly.
it is our company and it is our money,as long as we are paying our employees there will be no problem as for sure majority of them will convet their bitcoin to cash.

or much better offer differently ,if they wanted to be paid in Bitcoin or in cash it is their choice.

Many employees for sure will be against in that kind of system because we all know that bitcoin is so unstable so it cannot be as salary for the workers and employee. There are scenarios in my mind right know what if they pay they is today and then suddenly there is a huge dump happened; of course it will really affect the bitcoin that they have and they will also incur losses. Those people for sure will always have doubts and uncertainty on what will happen to their money because of its volatility. It is good if they will pay fiat money through banks or through cash, but for me there is a high chance that a stable cryptocurrency can be use as salary for the workers and for the employees not only in government section but in whole economy.

In most cases, yeah most probably. But for me it's alright because it was a form of adoption and a bitcoin enthusiast like should feel happy about it. So before this kind of system will be applied in the whole organization, it would be better if it will be implemented first for those who have a background jn crypto or those people who are willing to be at least. Through this, it will prevent complaints coming from the sudden change.

Also, I would like to have an option. I mean, not all of my salary will be in btc (e.g. 40% btc, 60% cash). Because at the end of the day, fiat still reigns the mainstream. Converting crypto might lead you to loss of course :D.

I'm not really good in government things as well but wouldn't that be avoiding taxes? which the Government didn't want? since this is one way the government get their funds.
Also I was thinking not all the country accepts cryptocurrency and some countries prohibits the use of cryptocurrency.
Last thing is not all workers know how to use it or doesn't have enough knowledge about cryptocurrency, plus the volatility of the price of it.