Erkallys (OP)
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November 22, 2015, 01:50:27 PM |
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I was wondering if any of the biggest companies in the world (Microsoft, Dell, Apple, Mc Donald...) accept to pay his employees in Bitcoin. If none actually propose it, it's sad because it's still impossible to live outside the fiat system . So, do you know one ? Or do you know a small/medium company around where you live that do this ? As for me I do not.
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Oscoda
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November 22, 2015, 02:06:30 PM |
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Some time ago Microsoft USA accepted bitcoin for their BTC i read.
Not sure if they still accept it.
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Erkallys (OP)
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November 22, 2015, 02:09:31 PM |
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That's interesting but unfortunately it's only technology-related companies. I can't wait to see the day where supermarket employees will be able to be paid in Bitcoin. Also that's surprising that a big parts of the companies that the two press articles talk about are from Canada. Some time ago Microsoft USA accepted bitcoin for their BTC i read.
Not sure if they still accept it.
I was talking about companies that pay his employees in Bitcoin, not that accept Bitcoin as a way of payment.
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randy8777
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November 22, 2015, 02:20:30 PM |
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i don't think these mega companies will decide to pay out their employees in bitcoin in the near future, if ever. i am not sure anymore what company it was, but the employees there have received their holiday money fully in bitcoin.
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Oscoda
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November 22, 2015, 02:26:44 PM |
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That's interesting but unfortunately it's only technology-related companies. I can't wait to see the day where supermarket employees will be able to be paid in Bitcoin. Also that's surprising that a big parts of the companies that the two press articles talk about are from Canada. Some time ago Microsoft USA accepted bitcoin for their BTC i read.
Not sure if they still accept it.
Ah my bad. Paying salaries in bitcoin will not happen this coming years. Bitcoins volatitly prevents it. Ask yourself, would you take such huge volatiliy risks and end up paying your employees 30% more? Salary payment is end of the month prompt. No chance to hold it a few more days to cut losses. I was talking about companies that pay his employees in Bitcoin, not that accept Bitcoin as a way of payment.
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Erkallys (OP)
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November 22, 2015, 02:32:12 PM |
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I was not aware of the Canadian legislation about Bitcoin. That's a positive thing. I hope that someday such laws will come to France. i don't think these mega companies will decide to pay out their employees in bitcoin in the near future, if ever. i am not sure anymore what company it was, but the employees there have received their holiday money fully in bitcoin.
If Bitcoin ever goes mainstream, that's highly possible that big companies accept to pay his employees in bitcoins, especially if they're from the technology sector. Ah my bad.
Paying salaries in bitcoin will not happen this coming years. Bitcoins volatitly prevents it.
Ask yourself, would you take such huge volatiliy risks and end up paying your employees 30% more?
Salary payment is end of the month prompt. No chance to hold it a few more days to cut losses.
I was talking about companies that pay his employees in Bitcoin, not that accept Bitcoin as a way of payment.
The price volatility is not a problem. Let's say that you buy 20 000$ of bitcoins to pay your employees, if the price increase three days later and make that those 20 000$ are now worth 30 000$, you don't lose money, you just don't win it. Since your employees need to be paid every month the same, you just buy how much their salary is worth in bitcoins at the payday.
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croato
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November 22, 2015, 02:32:31 PM |
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You can always buy Bitcoin with your paycheck so i dont see any problem there. In my country you cant be paid in dollars or euros for example, you can only take local currency and change it for any other.
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Erkallys (OP)
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November 22, 2015, 02:42:43 PM |
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You can always buy Bitcoin with your paycheck so i dont see any problem there. In my country you cant be paid in dollars or euros for example, you can only take local currency and change it for any other.
I find that buying bitcoins is not an easy task. Also, being paid directly in bitcoins saves you money from transaction fees.
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sirohige
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November 22, 2015, 02:49:26 PM |
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I was not aware of the Canadian legislation about Bitcoin. That's a positive thing. I hope that someday such laws will come to France. it's very good news for bitcoin and i hope more country make a regulation about bitcoin You can always buy Bitcoin with your paycheck so i dont see any problem there. In my country you cant be paid in dollars or euros for example, you can only take local currency and change it for any other.
I find that buying bitcoins is not an easy task. Also, being paid directly in bitcoins saves you money from transaction fees. are you seriously ? i think buying bitcoin is easy task you can use localbitcoin or local exchanger or you can buy paypal/PM/payeer with your local currency then change it to bitcoin I think some company give salary with local currency is better than bitcoin it's more stable currency, and i doubt every worker know about bitcoin except biggest company/online company like microsoft
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n2004al
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November 22, 2015, 02:54:25 PM |
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I was wondering if any of the biggest companies in the world (Microsoft, Dell, Apple, Mc Donald...) accept to pay his employees in Bitcoin. If none actually propose it, it's sad because it's still impossible to live outside the fiat system . So, do you know one ? Or do you know a small/medium company around where you live that do this ? As for me I do not. I have heard time ago that exist a company in Poland in which the employees accepted to be paid in bitcoin. Because it is not only the owner who can decide in this question. Must be accepted even by employers. The market of bitcoin is very limited. So maybe most of the people may have no desire to accept to be paid in bitcoin. Needed to convert those in the local currency and this has fee. So their salary become fewer. I don't know if the above company continue to paid its employees in bitcoin because have not heard more from that but I think that are very few the companies which can use bitcoin as a payment method. Bitcoin has limited potential of use (most of the people spent almost all their money out of internet): so this kind of payment is not very convenient in our days.
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croato
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November 22, 2015, 03:03:10 PM |
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You can always buy Bitcoin with your paycheck so i dont see any problem there. In my country you cant be paid in dollars or euros for example, you can only take local currency and change it for any other.
I find that buying bitcoins is not an easy task. Also, being paid directly in bitcoins saves you money from transaction fees. If buying Bitcoins is hard task in your country, selling is also hard i guess. So how you would pay your bills and food there if you are paid in Bitcoins? I like better to be paid in local currency than in Bitcoins for sure, that way i can pay my bills and with surplus i can buy Bitcoins no problem.
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Amph
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November 22, 2015, 03:15:29 PM |
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there should be bitwage that let you recieve your wage in bitcoin directly
but it should be so different than buying thoese coins yourself on any exchange
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bitlancr
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November 22, 2015, 03:23:42 PM |
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A bitwage solution is perfect for adoption, like others here state the potential loss (volatiliy) will scare companies.
Maybe a solution where the company buys the coins and 1 hour later the coins are paid to the employees is the one to go with.
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Erkallys (OP)
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November 22, 2015, 03:44:11 PM |
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You can always buy Bitcoin with your paycheck so i dont see any problem there. In my country you cant be paid in dollars or euros for example, you can only take local currency and change it for any other.
I find that buying bitcoins is not an easy task. Also, being paid directly in bitcoins saves you money from transaction fees. If buying Bitcoins is hard task in your country, selling is also hard i guess. So how you would pay your bills and food there if you are paid in Bitcoins? I like better to be paid in local currency than in Bitcoins for sure, that way i can pay my bills and with surplus i can buy Bitcoins no problem. That's right, paying bills and food is hard with Bitcoin. Bills is impossible, but food is still possible. I'd like to take the risk because I'm sure that Bitcoin price will skyrocket in a few (a lot of) years (decades).
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coinpr0n
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November 22, 2015, 05:08:25 PM |
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If nothing's changed I believe BitPay would pay their employees a percent of their salaries in Bitcoin. I know of a few small companies that pay in bitcoin and many freelancers have received payment in bitcoin. The problem - in my country at least - is that you would actually have to pay much much higher taxes if you're not getting paid in the local currency.
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Mickeyb
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November 22, 2015, 08:33:36 PM |
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You can always buy Bitcoin with your paycheck so i dont see any problem there. In my country you cant be paid in dollars or euros for example, you can only take local currency and change it for any other.
I find that buying bitcoins is not an easy task. Also, being paid directly in bitcoins saves you money from transaction fees. It's not easy but it's getting easier and easier! Trust me, just last year was much harder. I wouldn't want to be paid in Bitcoin completely either. It's still too risky in my opinion and my kids must eat every day. I am still not willing to take this risk! Overstock.com obliges their employees to receive 10% of their salaries in Bitcoin. I haven't heard of others!
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cjmoles
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November 23, 2015, 05:40:01 AM |
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Well, I don't know about any large corporations paying with bitcoin but that's all I get paid with when I do work. Here's a site that pay's in bitcoin for freelance work....it's pretty good work too if you have some skills. https://www.xbtfreelancer.com/index.php
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ultimatesky
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November 23, 2015, 08:21:09 AM |
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I've never came across a company that used bitcoin to pay their employees
Would be cool to see this happen one day
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