I'm a long term HODLER & massively bullish but I'll admit I have 0% of my salary paid in bitcoin. I buy bitcoin regularly & I HODL.....but......my employer (funnily enough my Dad) isn't interested in integrating bitcoin into his business or wage paying systems.
I don't see the point in getting paid a high % of your salary in bitcoin right at this moment for a number of reasons.
- The bitcoin price fluctuates
- You can't spend bitcoin in many places in every day life
I'll watch from the outside on this but most people need to pay pills, what if they get paid 5,000 USD a month. Wages go in Friday night. Saturday morning the price has dropped 10%. Average Joe can't afford for that to happen.
You can't pay for gas with bitcoin, you can't get your weekly food shop with bitcoin. For me bitcoin is a long term investment not something I can use every day.
Don't get me wrong, I would love bitcoin to be accepted everywhere but until that day comes getting paid any more than say 10% of your wage in bitcoin is stupid.
The way I do it for bills is that I am paid every 2 weeks, if I get paid on Friday and the price goes down I cut back my spending for that 2 weeks. If I absolutely have to, I just pay my bills on that next Friday.
But what I have noticed is that at some point in those 2 weeks the price is higher than when I got paid. When that happens I pay for things I have been putting off. While people are posting pictures of rockets and trains, I'm paying bills.
And the Bitcoin price doesn't fluctuate all that much lately.