[03-26-2015] Get Your Monthly Wage In Bitcoin Thanks To BitWage And Xapo

[waawd]

http://btcfeed.net/news/get-monthly-wage-bitcoin-thanks-bitwage-xapo/

There are so many ways you can start earning your first pieces of a Bitcoin without even needing to purchase them from an exchange platform. Bitcoin faucets, forum signature programs, getting referrals to sign up for Bitcoin-related services, …. The possibilities are limitless. But what if you get [a part of] your monthly wage paid out in Bitcoin?

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[mishax1]

Getting paid in Debit card balance is rare, getting paid in Bitcoin is even more rare.. but it is sure a nice step forward for making this reachable, would like to see how it will look like by the end of the year.

[Snipe85]

I wish Bitcoin wages would become a standard, but they won't, at least for now. Just think about it. If you get your pay in Bitcoin you still can't buy all the groceries and pay bills with it, so you'll have to convert. By the time you move it to an exchange your money will be worth more or less than you should have gotten in fiat, because the price is constantly changing and you can't allow yourself to wait a month before the price goes back up. If it goes down a bit you will be forced to sell at a loss.

[Chef Ramsay]

It would be nice getting your paycheck in btc on payday if the bull market started the same day. Either way, sure would be nice for employers to offer this to their employees but very few would take them up on it until the next bull market puts bitcoin back on the map for the average person.

[whenwhatwherewhyhow]

I would turn Bitwage on this instant if Xapo would send me a debit card.

Is the debit card already being rolled out for non-US people?  It sucks that "the land of the free" will probably be the last to receive them.

[Bizmark13]

Isn't this pretty much BitPay in reverse? BitPay allows those with bitcoins to shop at merchants that prefer fiat by automatically converting the coins into fiat currencies. I'm not exactly familiar with how BitWage works and the explanation given in the article is rather confusing but in order for someone to get their wages in bitcoins, shouldn't it simply involve the reverse - i.e. automatically converting fiat into bitcoins?