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Author Topic: Will Western Union & co (banks i.g) workers go for a hedge and buy bitcoin?  (Read 420 times)
hv_ (OP)
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April 15, 2016, 06:18:03 PM
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I d do so if I work for such a service provider like WU , paypal or even settlement services, FX traders ... any others?

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jonatuzc
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April 15, 2016, 06:21:48 PM
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I d do so if I work for such a service provider like WU , paypal or even settlement services, FX traders ... any others?


the worker may be not leave them, but the Customers are shifting to bitcoins because it is the better than Paypal and Western Union.
BitcoinSupremo
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April 15, 2016, 06:28:33 PM
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Nothing stops the workers from buying bitcoin as long as they don't buy it in their offices which maybe have cameras, so Bitcoin is a better alternative to Banks and Western Union, as everything can be controlled from your house PC desktop or hardware wallet for more safety. You are your own bank with bitcoins, so yeah nothing stops these workers to buy bitcoin in the end if they wish to do so.
hv_ (OP)
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April 15, 2016, 06:45:33 PM
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I just talked to an FX sales boss and he agreed that bitcoin could be a good job hedge for such workers beside a fiat hedge as well....

 
Any other workers / business owners think of such a job hedge?

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Slowturtleinc
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April 15, 2016, 07:35:16 PM
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As a worker they should be upgrading their skills for something else before the bubble breaks but I do not see this happening any time soon. Bitcoin does not cash cheques and it does not show up as cash at a location. Meaning you need more bitcoin atms for money transfers to work on the same level as western union.


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April 15, 2016, 07:43:49 PM
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If they found bitcoin as more beneficial for them, then they will try their best to design a way through which they start to adopt bitcoin for their business.

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April 15, 2016, 08:17:57 PM
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I just talked to an FX sales boss and he agreed that bitcoin could be a good job hedge for such workers beside a fiat hedge as well....

 
Any other workers / business owners think of such a job hedge?

Dude I don't understand what you mean by job hedge or fiat hedge. Hedge means an investment that is intended to balance out the losses incurred in other bad investment by a company. Why would WU PayPal or FX traders hedge in Bitcoins if their stocks aren't falling down? Can you elaborate more on that hedge you are talking about.
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April 15, 2016, 08:25:17 PM
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Nothing stops the workers from buying bitcoin as long as they don't buy it in their offices which maybe have cameras, so Bitcoin is a better alternative to Banks and Western Union, as everything can be controlled from your house PC desktop or hardware wallet for more safety. You are your own bank with bitcoins, so yeah nothing stops these workers to buy bitcoin in the end if they wish to do so.
They cannot tell their employees what to buy or not in their personal life.While an employer can set rules and guidelines for working hours,they can't dictate their whole life
hv_ (OP)
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April 15, 2016, 08:52:07 PM
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I just talked to an FX sales boss and he agreed that bitcoin could be a good job hedge for such workers beside a fiat hedge as well....

 
Any other workers / business owners think of such a job hedge?

Dude I don't understand what you mean by job hedge or fiat hedge. Hedge means an investment that is intended to balance out the losses incurred in other bad investment by a company. Why would WU PayPal or FX traders hedge in Bitcoins if their stocks aren't falling down? Can you elaborate more on that hedge you are talking about.

In terms of a insurance for e.g. getting less paid from WU,... or in worst case lose your job. Bitcoin is getting up in price (by taking over that business) so it will compensate some of that.

Hedge for fiat I hope I do not need to explain more in this forum or do you need this again?

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hv_ (OP)
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April 15, 2016, 09:04:49 PM
 #10

This here exactly will lead to those job hedges I am about.

https://bitcointalk.org/index.php?topic=1438115.0

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