Erkallys (OP)
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November 25, 2015, 09:07:27 AM |
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Bitcoin is not not much popular in my country but i have a question. How can the employer be sure that he is not loosing by investing then paying in bitcoin their employees. Should he pay fixed bitcoin amount or flexible bitcoit amount based on the currect bitcoin price?
I think it should be flexible. But in order to put a such thing in practice, employer have to buy it the same day as payday.
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knowhow
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November 25, 2015, 11:56:13 AM |
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One big reason about companys doesnt pay with bitcoin is the volatility of bitcoin as the fact you must exchange your bitcoin into fiat since you cant buy a potato with bitcoin yet.The other side is if you earn 2000dollars and you got paid on that day base ,and next day bitcoin drop you will get pissed as hell,and if the bitcoin up on the next day the boss will get pissed as well soo these are maybe the questions about being paid or not with bitcoinl
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avw1982
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November 25, 2015, 11:59:05 AM |
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its really hard to find company that pay their worker with bitcoin, and if you really want to live outside of fiat system you need to try to work on website that hiring service ,probably they'll gladly pay you with bitcoin
But If you that kind of company means that very good and powerful way right. and those kind of companies are doing salary payment to employees to reduce their transaction fees for banking system. If this BTC system comes to large number of MNCs means Bank will sure get affect.
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Snorek
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November 25, 2015, 02:56:35 PM |
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One big reason about companys doesnt pay with bitcoin is the volatility of bitcoin as the fact you must exchange your bitcoin into fiat since you cant buy a potato with bitcoin yet.The other side is if you earn 2000dollars and you got paid on that day base ,and next day bitcoin drop you will get pissed as hell,and if the bitcoin up on the next day the boss will get pissed as well soo these are maybe the questions about being paid or not with bitcoinl
That is why you have to exchange your bitcoins to FIAT almost instantly after receiving your payment if you want to to keep value of your wage on the same level. It is not so hard, and 95% of bitcoin accepting merchants are doing it anyway. The good side of it is that you can exchange say, 70% of your wage and keep the rest stored as investment!
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knowhow
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November 26, 2015, 08:01:52 PM |
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One big reason about companys doesnt pay with bitcoin is the volatility of bitcoin as the fact you must exchange your bitcoin into fiat since you cant buy a potato with bitcoin yet.The other side is if you earn 2000dollars and you got paid on that day base ,and next day bitcoin drop you will get pissed as hell,and if the bitcoin up on the next day the boss will get pissed as well soo these are maybe the questions about being paid or not with bitcoinl
That is why you have to exchange your bitcoins to FIAT almost instantly after receiving your payment if you want to to keep value of your wage on the same level. It is not so hard, and 95% of bitcoin accepting merchants are doing it anyway. The good side of it is that you can exchange say, 70% of your wage and keep the rest stored as investment! Well i would do what you had said ,i would exchange into fiat the money i would need to cover my bills and let the rest ,putting it into savings ,but sure there isnt impossible to be done but ,who really knows about bitcoin and beneficts ,go on the street and ask about bitcoins and we will see in 100 people how many know what it is or if had see or listened something about,this is the main problem the most dont know bitcoin.
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Erkallys (OP)
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November 26, 2015, 08:58:01 PM |
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One big reason about companys doesnt pay with bitcoin is the volatility of bitcoin as the fact you must exchange your bitcoin into fiat since you cant buy a potato with bitcoin yet.The other side is if you earn 2000dollars and you got paid on that day base ,and next day bitcoin drop you will get pissed as hell,and if the bitcoin up on the next day the boss will get pissed as well soo these are maybe the questions about being paid or not with bitcoinl
That is why you have to exchange your bitcoins to FIAT almost instantly after receiving your payment if you want to to keep value of your wage on the same level. It is not so hard, and 95% of bitcoin accepting merchants are doing it anyway. The good side of it is that you can exchange say, 70% of your wage and keep the rest stored as investment! Well i would do what you had said ,i would exchange into fiat the money i would need to cover my bills and let the rest ,putting it into savings ,but sure there isnt impossible to be done but ,who really knows about bitcoin and beneficts ,go on the street and ask about bitcoins and we will see in 100 people how many know what it is or if had see or listened something about,this is the main problem the most dont know bitcoin. It depends of the country where you live. That's true that most of the people haven't heard of Bitcoin at all, but an increasing number of people have heard something about it, but in the negative side ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) .
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knowhow
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 27, 2015, 10:12:59 PM |
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One big reason about companys doesnt pay with bitcoin is the volatility of bitcoin as the fact you must exchange your bitcoin into fiat since you cant buy a potato with bitcoin yet.The other side is if you earn 2000dollars and you got paid on that day base ,and next day bitcoin drop you will get pissed as hell,and if the bitcoin up on the next day the boss will get pissed as well soo these are maybe the questions about being paid or not with bitcoinl
That is why you have to exchange your bitcoins to FIAT almost instantly after receiving your payment if you want to to keep value of your wage on the same level. It is not so hard, and 95% of bitcoin accepting merchants are doing it anyway. The good side of it is that you can exchange say, 70% of your wage and keep the rest stored as investment! Well i would do what you had said ,i would exchange into fiat the money i would need to cover my bills and let the rest ,putting it into savings ,but sure there isnt impossible to be done but ,who really knows about bitcoin and beneficts ,go on the street and ask about bitcoins and we will see in 100 people how many know what it is or if had see or listened something about,this is the main problem the most dont know bitcoin. It depends of the country where you live. That's true that most of the people haven't heard of Bitcoin at all, but an increasing number of people have heard something about it, but in the negative side ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) . I keep dreaming with the day that bitcoin will be everywhere ,and being able to pay with bitcoin anywhere,to buy food a car a clothe,well even getting paid with bitcoin would be my dream the company offer those option .
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Amph
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November 28, 2015, 07:51:11 AM |
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One big reason about companys doesnt pay with bitcoin is the volatility of bitcoin as the fact you must exchange your bitcoin into fiat since you cant buy a potato with bitcoin yet.The other side is if you earn 2000dollars and you got paid on that day base ,and next day bitcoin drop you will get pissed as hell,and if the bitcoin up on the next day the boss will get pissed as well soo these are maybe the questions about being paid or not with bitcoinl
That is why you have to exchange your bitcoins to FIAT almost instantly after receiving your payment if you want to to keep value of your wage on the same level. It is not so hard, and 95% of bitcoin accepting merchants are doing it anyway. The good side of it is that you can exchange say, 70% of your wage and keep the rest stored as investment! i would keep everything now that the price in increasing, exchanging now would be idiotic, also you cna use bitcoin directly on various site, so why exchanging and wasting time and money? not to mention that some of those site offer a big discount if you use bitcoin with them, so you save even more money
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knowhow
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November 29, 2015, 11:17:36 PM |
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Most of the members witht the current job they have,some invest into the bitcoin world and some are just gamblers that are playing the pump and dump into value.
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BombayChicken
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April 26, 2016, 02:34:41 PM |
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Why would you pay your employees in bit coins that's strange. I think everyone wants to have there payment in gold. you cant pay you're rent with a bit coin!
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praprata
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June 01, 2016, 02:31:02 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 ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) . 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 do not think that many companies would pay in Bitcoins because it is just not that handy for most people. You cannot pay your bills with Bitcoins so you will have to sell you Bitcoins, for the most people that is to much of a problem.
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Chrismeister
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June 01, 2016, 02:43:10 PM |
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I dont think there ar3e allot of companies who are paying their employees in bitcoins and thats because every companys number one is gold they only want gold thats why they begin the company money is everything for big companys they will never pay you in bitcoins maybe only if they have profit with it.
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Chrismeister
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June 01, 2016, 03:05:11 PM |
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I dont think there are companies who are paying their employees in bitcoins and thats only because of the gold. Everyone wants gold not bitcoins who exist out of goldfor big companies gold is everything not just a number.
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Mr.grin
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June 01, 2016, 04:29:02 PM |
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Well, now there are many companies that pay the people with bitcoin, because not everyone knows bitcoin, and not everyone who knows bitcoin has the capabilities needed company.
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shane
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June 01, 2016, 04:39:03 PM |
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I had read when I find out about it, and maybe you can see here some of the companies that pay in bitcoin.
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Farma
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June 01, 2016, 05:14:42 PM |
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I had read when I find out about it, and maybe you can see here some of the companies that pay in bitcoin. yes, I also saw it, so a lot of news about the company that will pay members with bitcoin, I always saw the ad on various social media. I guess soon be very much the company paid bitcoin
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RobinHoodster
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June 06, 2016, 09:02:24 AM |
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I would not like to be paid in Bitcoin because then you will have to sell them your self if you want to have cash in your pockets. I think that it is also not possible to pay your bills with Bitcoins.
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Betwrong
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June 06, 2016, 09:10:02 AM |
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I would not like to be paid in Bitcoin because then you will have to sell them your self if you want to have cash in your pockets. I think that it is also not possible to pay your bills with Bitcoins.
If you are paid with Bitcoins you might encounter with unconvinienses of course but I'd accept them. It's not so hard to exchange your coins these days if you need fiat for paying bills etc. But what I like is that the remaining part of your payment might constantly grow in its dollar value.
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romero121
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June 06, 2016, 11:49:53 AM |
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I haven't come across companies paying with bitcoin, but if such thing happens at times employees will be benefited and at times employers will be benefited depending upon the price variation happening around the day of salary.
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