Bitcoin as a ESO (Employee Stock Option)

[rakeshvl]

ValueLabs a company is giving Bitcoin as a stock option for their employees, Is it a good option for employees to opt for it?

/ https://www.valuelabs.com/press-release/valuelabs-announces-bitcoin-linked-options-for-employees

[Kong Hey Pakboy]

That might not work because some employees might find that the volatility is going to be problematic for them because most employees want their investments to be stable and will be certain to give them money when they retire.

[odolvlobo]

ValueLabs a company is giving Bitcoin as a stock option for their employees, Is it a good option for employees to opt for it?

They are giving employees bitcoin options, not bitcoins.

I would probably ask for the cash equivalent so that I can choose to buy the options myself (or not). There is no real benefit to anyone when the company buys the options for you.

[Yaunfitda]

That might not work because some employees might find that the volatility is going to be problematic for them because most employees want their investments to be stable and will be certain to give them money when they retire.

That's why the keyword here is "option", well if you don't like crypto's volatility then you opted out.

Behinds if you really wanted to invest then why not go directly buy bitcoin in an exchange and have it in your hardware wallet, at least you have total control of it.

And regarding the article, this is released on Feb 9, so I don't know if it is still being offered as the price plummeted since.

[swiftbits]

I hope the company can regulate the volatility. As a crypto enthusiast, this is an attractive option, but I would still choose the percentage that would go to my crypto investment. It would be hassle-free and a secure monthly contribution. BUT, it is still better to be able to decide when to buy your crypto asset.

[TravelMug]

I hope the company can regulate the volatility. As a crypto enthusiast, this is an attractive option, but I would still choose the percentage that would go to my crypto investment. It would be hassle-free and a secure monthly contribution. BUT, it is still better to be able to decide when to buy your crypto asset.

What do you mean regulated the volatility of the company? If I'm an employee and this is offered, I won't take it, this is just me. I would rather let myself invest it directly.

Although you mentioned that it could be hassle free for some employees especially who haven't heard crypto or bitcoin.

[swiftbits]

I hope the company can regulate the volatility. As a crypto enthusiast, this is an attractive option, but I would still choose the percentage that would go to my crypto investment. It would be hassle-free and a secure monthly contribution. BUT, it is still better to be able to decide when to buy your crypto asset.

What do you mean regulated the volatility of the company? If I'm an employee and this is offered, I won't take it, this is just me. I would rather let myself invest it directly.

Although you mentioned that it could be hassle free for some employees especially who haven't heard crypto or bitcoin.

I mean that the company might buy a huge amount of crypto, which could lead to losses.
Having their own crypto partnership would help them regulate their asset.
I'm just skeptical, but surely they have their own strategy for it.

[mk4]

Companies giving an option for employees to receive wages fully or partially in bitcoin isn't really anything new. Now, should they choose bitcoin? Obviously if you'd ask me I'd get probably 50-70% in bitcoin; but in the end it's going to completely depend on the employee.

[Bitstar_coin]

It is not a bad idea since btc is such a great asset and many institutions are getting their hands on it,  but the unstable nature of btc will be something they will have to take into account, some staff may not be aware of this and it will be better they get everyone on board to understand btc and how the market works before taking any bold step, since it is optional,  this will make it easier to make a decision,  however it will be more of an advantage during the market dip.

[UKprod]

ValueLabs a company is giving Bitcoin as a stock option for their employees, Is it a good option for employees to opt for it?

/ https://www.valuelabs.com/press-release/valuelabs-announces-bitcoin-linked-options-for-employees

In fact, all companies that are currently accepting bitcoins should provide their employees with this option, so that the ecosystem of bitcoin is developed. This would really circulate bitcoins into more hands and would then become an acceptable form of receipt in more hands.

[hugeblack]

There is no logical point for that unless that company gives them free fees or invests in bitcoin and thus saves them the transfer fees for fiat money.
The role of the company will be limited to reducing the transfer fees from paper money to Bitcoin and vice versa.
In general, I do not recommend giving someone who does not want or does not understand cryptocurrency accurately to have options, and I do not recommend them at all.

[Poker Player]

That news is from February, and there's not much else around the web. Things like this may help popularize Bitcoin but I agree with the rest that I wouldn't take it either, as it is a financial derivative. For that I'd give me the money and buy Bitcoin myself. Maybe a clueless employee will take the option, but I don't think it will be very popular.

The bad news is that if Bitcoin ends up being massively adopted, a whole series of derivatives like this one will emerge that go against the very philosophy of Bitcoin.

[Kong Hey Pakboy]

That might not work because some employees might find that the volatility is going to be problematic for them because most employees want their investments to be stable and will be certain to give them money when they retire.

That's why the keyword here is "option", well if you don't like crypto's volatility then you opted out.

Behinds if you really wanted to invest then why not go directly buy bitcoin in an exchange and have it in your hardware wallet, at least you have total control of it.

Well, even if it's an option, pretty sure that not a lot of employees are going to like the idea of putting their retirement money on something so volatile. Probably the reason why they offer this even though there's a direct way is to probably help other people who aren't familiar with the technology to invest in it if possible.

[Wexnident]

No. Most employees would probably just invest on their own after they've planned out everything after they get their money. I mean, I would. It's not a bad idea don't get me wrong, but as others have said, Bitcoin is way too volatile and they shouldn't really risk it. Even if they plan beforehand, it'd still be a lot better for them to do it themselves if they want to, since they could afford to micro manage it themselves. Unless the said option gives out bonus features or something, then they could think twice before deciding.

[Nunoluck]

I think as long as the employee understand the volatility then it is okay. My teacher told me that employee who only have fixed income get negative impact of inflation. If their salary only enough for fulfill their daily necessities then I think fiat is the best for them but if their cost of life is a lot smaller than their salary I think bitcoin is good to avoid annual inflation. That's my opinion.