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gentlemand
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July 03, 2015, 05:26:30 PM
 #41


There are, but they still rely on banks. Right now, the only one I know of is bitwage. They have you add their bank to your employers payroll system and then convert your paycheck to Bitcoin. It obviously still relies on banks for this, so it is difficult to get paid in Bitcoin _without_ relying on banks at all.

You'd have to be employed by a pure or partly pure BTC business to avoid banks altogether. I think Overstock offer payment to their staff that way. Blockchain.info pays BTC and nothing but as far as I know.
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NorrisK
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July 03, 2015, 05:34:58 PM
 #42


Not hard as in the difficulty of getting paid in Bitcoin, but hard as in getting paid in Bitcoin without relying on fiat. Possum577 is saying that it is difficult to get paid in Bitcoin by an employer because they primarily rely on fiat and banks.

There are third party services that take care of it. I dunno how solid they are but it's unrealistic to expect an employer to jump through extra hoops. I'd probably bill my employee for the extra hassle.
There are, but they still rely on banks. Right now, the only one I know of is bitwage. They have you add their bank to your employers payroll system and then convert your paycheck to Bitcoin. It obviously still relies on banks for this, so it is difficult to get paid in Bitcoin _without_ relying on banks at all.

And you also have to trust an entire months worth of wage to a company? What if they decide to run with your wage, and that of everybody else? (probably most gets payed around the same days, and else your empolyer can't change the deposit account fast enough..)
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July 03, 2015, 06:16:42 PM
 #43

It is better to chase the new virtual economy and cyber economy instead of trying to take over the legacy economy.  When people hade smart phone based on data network, they automatically move away from their fixed telephone line

The virtual and cyber economy is destined to grow magnitudes larger than today's economy in physical world, and in those economy the legacy system is very inconvenient and slow, so it needs new form of transaction solution like bitcoin, a world wide money

Selling software and subscriptions around the world is the best use case for bitcoin, almost frictionless international payment. In fact everything that can be delivered on internet can be easily paid with bitcoin

You can not really cut the relation towards legacy banking system: Existing people are all living in legacy banking system, for them the easiest way to get bitcoin is to buy on an exchange using fiat money. And you really need fiat exchanges to exaggerate its price once in a while to remind people that bitcoin is still on the rise

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