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Author Topic: Is there a service like this?  (Read 530 times)
Straux (OP)
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December 08, 2015, 09:47:26 PM
 #1

Some sort of bank you can link your paycheck up to, no matter what currency it is, the bank will automatically convert all your incoming payments into bitcoin, and maybe even relay the funds down to your personal address.
bitcoinmar
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December 08, 2015, 09:49:59 PM
 #2

I think we have no service like this in any country which convert your all payments in bitcoin specially in banks which not like this
HighPixelr
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December 08, 2015, 09:50:51 PM
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Some sort of bank you can link your paycheck up to, no matter what currency it is, the bank will automatically convert all your incoming payments into bitcoin, and maybe even relay the funds down to your personal address.

Nope, there is none because of the volatility of Bitcoin and the difficulty to tax Bitcoin. The main reason there is no service like this is because of the way Bitcoin is. Would definitely be cool if something like this existed though.
onlinedragon
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December 08, 2015, 09:53:30 PM
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Sounds really complex to build something like that. If this will be available once I don't think the fees are that low.
pedrog
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December 09, 2015, 02:06:45 PM
 #5

Check out these services:

http://www.paybits.net/
https://www.cashila.com/
https://bitpay.com/bitcoin-payroll-api
https://www.bitwage.com/

favdesu
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December 09, 2015, 02:27:04 PM
 #6

checkout bitwage or uphold, those should do the trick

~Bitcoin~
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December 09, 2015, 04:39:36 PM
 #7

checkout bitwage or uphold, those should do the trick
I have never thought this type of services also exist. But how they regulate that tax thing or they are not regulate by government? Quite complex to understand how they are able to do that.

chennan
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December 11, 2015, 12:38:27 AM
 #8

checkout bitwage or uphold, those should do the trick
I have never thought this type of services also exist. But how they regulate that tax thing or they are not regulate by government? Quite complex to understand how they are able to do that.


I would personally think it's a way of avoiding taxes. Maybe it's some kind of system that takes your net income per paycheck and takes the percentage you want in Bitcoin out and then automatically buys Bitcoin at some exchange site like Xapo, Circle, or coinbase and sends it to your wallet. Too much hassle IMO, when you can easily just deposit the check into your bank account and buy it manually. I even think Circle or Coinbase gives you that option to automatically buy X amount in dollars every week, 2 weeks, etc based on what you want to spend.

So pretty pointless service though... At least it is to me.

Blawpaw
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December 11, 2015, 04:36:05 AM
 #9

Some sort of bank you can link your paycheck up to, no matter what currency it is, the bank will automatically convert all your incoming payments into bitcoin, and maybe even relay the funds down to your personal address.

I think you are looking for a service like Bitwage. With Bitwage you can earn part of your payroll in Bitcoin
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