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Author Topic: Would you like to receive your salary in BTC?  (Read 49082 times)
Sweetbtc
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June 21, 2016, 05:44:33 PM
 #241

Nope, i won't. I think it's better to receive my salary in fiat, because if you receive in bitcoin, your salary can decrease or increase depend on the price of bitcoin and it's not good for me.

Get your salary in Fiat and convert it in bitcoins. Thats a better option.

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Jeremycoin
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June 21, 2016, 05:53:12 PM
 #242

Of course I would like to have it, however I might be would withdraw some of them to fiat. But this is actually a good idea if a company would pay their employees with Bitcoin.

faucet used to be profitable
goinmerry
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June 22, 2016, 05:28:55 AM
 #243

Nope, i won't. I think it's better to receive my salary in fiat, because if you receive in bitcoin, your salary can decrease or increase depend on the price of bitcoin and it's not good for me.

Just like what is happening now. It goes down like 100 dollars if that would be your salary then that would really hurt specially, when you are using it for your daily needs.
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June 22, 2016, 05:43:39 AM
 #244

Nope, i won't. I think it's better to receive my salary in fiat, because if you receive in bitcoin, your salary can decrease or increase depend on the price of bitcoin and it's not good for me.

Just like what is happening now. It goes down like 100 dollars if that would be your salary then that would really hurt specially, when you are using it for your daily needs.

yeah, volatility is one of the biggest problems with bitcoin although this recent price decrease was because of the sudden huge rise before that but in general bitcoin price is not so stable as to receive your salary as bitcoin and then not being able to spend it the other day.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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June 22, 2016, 06:43:36 AM
 #245

Well, definitely. The salary I receive right now is mainly converted in bitcoin anyway and it would be nice to not go through an exchange just to convert my fiat into BTC every week for the year.

It would make a lot of sense as well, brings a lot more bitcoin customers.
futurebit640
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June 22, 2016, 07:53:26 AM
 #246

Nope, i won't. I think it's better to receive my salary in fiat, because if you receive in bitcoin, your salary can decrease or increase depend on the price of bitcoin and it's not good for me.

Just like what is happening now. It goes down like 100 dollars if that would be your salary then that would really hurt specially, when you are using it for your daily needs.

yeah, volatility is one of the biggest problems with bitcoin although this recent price decrease was because of the sudden huge rise before that but in general bitcoin price is not so stable as to receive your salary as bitcoin and then not being able to spend it the other day.

This is common in all cryptocurrency. Price increase and decrease will happen daily so why should we take a risk if suddenly it went very low price means below 100$ what we do for our regular life so better I get my straight salary fiat.
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June 22, 2016, 08:40:14 AM
 #247

Nope, i won't. I think it's better to receive my salary in fiat, because if you receive in bitcoin, your salary can decrease or increase depend on the price of bitcoin and it's not good for me.

Just like what is happening now. It goes down like 100 dollars if that would be your salary then that would really hurt specially, when you are using it for your daily needs.

yeah, volatility is one of the biggest problems with bitcoin although this recent price decrease was because of the sudden huge rise before that but in general bitcoin price is not so stable as to receive your salary as bitcoin and then not being able to spend it the other day.

This is common in all cryptocurrency. Price increase and decrease will happen daily so why should we take a risk if suddenly it went very low price means below 100$ what we do for our regular life so better I get my straight salary fiat.
If Bitcoin value will be the highest in the market, then why not get the amount of the cue ball, and change the rate if more will keep the upper bracket Grin Grin Grin
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June 22, 2016, 10:55:59 AM
 #248

If you are a BTC lover, would you one day like to get your paycheck 100% in BTC?

Personally I won't. Because many facilities in my area doesn't support BTC payment. Smiley I do not mind receiving, say, 20% of my pay in BTC denomination.
also for me. it depends on the situation. since they are not at all time high BTC as now. high BTC, so it's okay for me to pay my btc first, but when the low price, I let my salary through BTC
justspare
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June 22, 2016, 11:02:20 AM
 #249

I would be fine with receiving most of my salary in Bitcoin. The price is rising so much and you would make so much profit. 
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June 22, 2016, 11:28:52 AM
 #250

If you are a BTC lover, would you one day like to get your paycheck 100% in BTC?

Personally I won't. Because many facilities in my area doesn't support BTC payment. Smiley I do not mind receiving, say, 20% of my pay in BTC denomination.
also for me. it depends on the situation. since they are not at all time high BTC as now. high BTC, so it's okay for me to pay my btc first, but when the low price, I let my salary through BTC

For me i dont really agree since bitcoins price is unstable and we might get lose our hard earned salary if bitcoins price goes down, knowing bitcoins price are movy and chance for it to go down for more. Thats why i rather prefer cash than bitcoins because i dont want to get hassle just to get it and i only want bitcoins remain in that state.

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June 22, 2016, 11:49:40 AM
 #251

Of course I would like to have it, however I might be would withdraw some of them to fiat. But this is actually a good idea if a company would pay their employees with Bitcoin.

if we can choose 50% at bitcoin at 50% at fiat it's something special to me.
i will use my bitcoin for investment, fiat for pay any bill and buying my needs.
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June 22, 2016, 11:52:18 AM
 #252

Nope, i won't. I think it's better to receive my salary in fiat, because if you receive in bitcoin, your salary can decrease or increase depend on the price of bitcoin and it's not good for me.

Get your salary in Fiat and convert it in bitcoins. Thats a better option.
also for me. it depends on the situation. since they are not at all time high BTC as now. high BTC, so it's okay for me to pay my btc first, but when the low price, I let my salary through BTC
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June 22, 2016, 11:55:09 AM
 #253

Nope, i won't. I think it's better to receive my salary in fiat, because if you receive in bitcoin, your salary can decrease or increase depend on the price of bitcoin and it's not good for me.

Get your salary in Fiat and convert it in bitcoins. Thats a better option.
also for me. it depends on the situation. since they are not at all time high BTC as now. high BTC, so it's okay for me to pay my btc first, but when the low price, I let my salary through BTC

how about this situation, i think this is better than fiat:
the company will give you salary in bitcoin worthed $500, the $500 is permanent if bitcoin rise to $1000 you will receive 0.5btc, if bitcoin price fail to $500 you will receive 1btc ?
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June 22, 2016, 12:07:02 PM
 #254

If you are a BTC lover, would you one day like to get your paycheck 100% in BTC?

Personally I won't. Because many facilities in my area doesn't support BTC payment. Smiley I do not mind receiving, say, 20% of my pay in BTC denomination.
Of course i will receive my salary in BTC i want to save my money with bitcoin and if every person receive his salary in BTC i think then Bitcoin get promotion in the all countries and people get more awareness about Bitcoin and people will increase the bitcoin uses.
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June 22, 2016, 01:00:41 PM
 #255

If you are a BTC lover, would you one day like to get your paycheck 100% in BTC?

Personally I won't. Because many facilities in my area doesn't support BTC payment. Smiley I do not mind receiving, say, 20% of my pay in BTC denomination.
Of course i will receive my salary in BTC i want to save my money with bitcoin and if every person receive his salary in BTC i think then Bitcoin get promotion in the all countries and people get more awareness about Bitcoin and people will increase the bitcoin uses.

But there is a problem here. What if you are going for a grocery and needed cash to pay for it. You dont have money except your salary which is in BTC and suddenly bitcoin price go down. It will not be equal to the salary you are getting from fiat. Are you still willing to exchange it?
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June 23, 2016, 04:03:51 AM
 #256

-snip-
Disagree. Im treating bitcoin more as an investment compare from being currency so spending them for daily needs will really have a hard time for me to decide.

But you know, if only most of the people will treat this as a currency then maybe I will go the flow but for now Im treating this as investment to make profits.
We should not have to treat bitcoin as only an investment but we also have to treat it as a currency which is more important for the success of bitcoin, and with that bitcoin will become a global currency sooner.
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June 23, 2016, 10:01:11 AM
 #257

-snip-
Disagree. Im treating bitcoin more as an investment compare from being currency so spending them for daily needs will really have a hard time for me to decide.

But you know, if only most of the people will treat this as a currency then maybe I will go the flow but for now Im treating this as investment to make profits.
We should not have to treat bitcoin as only an investment but we also have to treat it as a currency which is more important for the success of bitcoin, and with that bitcoin will become a global currency sooner.
'
Yeah I would hate to have my salary in BTC because the fluctuation could kill me like, i love to know that i can feed my family LOL it would be really bad to have my salary in BTC although it would be really cool.

Bitcoin is a very dangerous currency unlike stable money like the USD
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June 23, 2016, 09:02:57 PM
 #258

Well for me I don't like my salary to be in BTC for my full time job. I don't like it as my salary because it is hard to use bitcoin here to buy in a grocery to buy my daily needs.
things like this do not need to worry, because now many are providing official bitcoin exchange and a store that accepts payments via bitcoin.
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June 23, 2016, 09:18:16 PM
 #259

Well for me I don't like my salary to be in BTC for my full time job. I don't like it as my salary because it is hard to use bitcoin here to buy in a grocery to buy my daily needs.
things like this do not need to worry, because now many are providing official bitcoin exchange and a store that accepts payments via bitcoin.
What do you mean? He says in his environment is rarely to fine grocery or store accepted bitcoin payments and because of this is too difficult to use bitcoin in his environment. Well, read again and not become a spammer.

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June 23, 2016, 09:36:17 PM
 #260

I don't think it would be practical right now to get paid my salary in bitcoin. It would be too hard to convert to pay expenses. Hopefully that will change in the future.

 
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