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Author Topic: Would you like to receive your salary in BTC?  (Read 49080 times)
Noctis Connor
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September 08, 2016, 11:11:23 AM
 #581

THIS topic is same with this forum link : https://bitcointalk.org/index.php?topic=1538843.0
and for my answer for this question of course i would love to accept bitcoin as my salary because we can now pay our bills with our bitcoin wallet thats the good of using bitcoin here in my country.
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September 08, 2016, 12:24:35 PM
 #582

THIS topic is same with this forum link : https://bitcointalk.org/index.php?topic=1538843.0
and for my answer for this question of course i would love to accept bitcoin as my salary because we can now pay our bills with our bitcoin wallet thats the good of using bitcoin here in my country.

Life is not limited only to pay bills, there are many other basic things that also should be kept into consideration what will you do to buy basic stuffs that you need on daily basis, you will need to convert your btc to fiat.
randy8777
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September 08, 2016, 12:33:56 PM
 #583

why not? I will happy if i must get mt salary in bitcoin
its will easier to exchange it to my local currency
also bitcoin can used at my country to buy at shop etc

what's the point of accepting bitcoin as your salary when you convert it to your local currency? the best is to just stick to a percentage as 10% that you receive in bitcoin. more isn't needed. i have been buying $100-$200 worth of bitcoin for more than a year. and that is enough. no need to wait for the time your employer pays you in bitcoin. you can use a small part of your monthly salary already to buy bitcoin.
JessicaSe
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September 08, 2016, 12:39:00 PM
 #584

why not? I will happy if i must get mt salary in bitcoin
its will easier to exchange it to my local currency
also bitcoin can used at my country to buy at shop etc

what's the point of accepting bitcoin as your salary when you convert it to your local currency? the best is to just stick to a percentage as 10% that you receive in bitcoin. more isn't needed. i have been buying $100-$200 worth of bitcoin for more than a year. and that is enough. no need to wait for the time your employer pays you in bitcoin. you can use a small part of your monthly salary already to buy bitcoin.

Exactly its better to receive salary in fiat and put some money in bitcoins on monthly basis as it will save your money and it can be also an best investment for future.
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September 08, 2016, 01:59:27 PM
 #585

I would never accept bitcoin as salary. This is because I use my salary to buy daily necessities of life like bread and butter, pay the bills etc. To pay in bitcoin would mean a huge hassle because none of the local stores here accept bitcoin at all. Also converting them to fiat is tough and would mean taxation fees which are also huge.
i think i would most probably not accept that in the future too because in my opinion bitcoins are not stable enough right now




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fkvidar
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September 08, 2016, 02:01:22 PM
 #586

I would never accept bitcoin as salary. This is because I use my salary to buy daily necessities of life like bread and butter, pay the bills etc. To pay in bitcoin would mean a huge hassle because none of the local stores here accept bitcoin at all. Also converting them to fiat is tough and would mean taxation fees which are also huge.
i think i would most probably not accept that in the future too because in my opinion bitcoins are not stable enough right now

Yeah until we don't see price stability in bitcoins we cannot take a risk of accepting salary in bitcoin, as if price falls then we will be having less income for that particular month.
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September 08, 2016, 07:03:52 PM
 #587

THIS topic is same with this forum link : https://bitcointalk.org/index.php?topic=1538843.0
and for my answer for this question of course i would love to accept bitcoin as my salary because we can now pay our bills with our bitcoin wallet thats the good of using bitcoin here in my country.

Life is not limited only to pay bills, there are many other basic things that also should be kept into consideration what will you do to buy basic stuffs that you need on daily basis, you will need to convert your btc to fiat.
It's a bit of an extra work to be paid in bitcoin and you'd have to manually convert them to fiat, plus considering the changing values everytime. Having shops near you that accept bitcoin can also be considered because if there isn't any, then you'll most likely not want to receive salary in bitcoins because you can't really spend them directly.
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September 17, 2016, 05:53:38 PM
 #588

THIS topic is same with this forum link : https://bitcointalk.org/index.php?topic=1538843.0
and for my answer for this question of course i would love to accept bitcoin as my salary because we can now pay our bills with our bitcoin wallet thats the good of using bitcoin here in my country.

Life is not limited only to pay bills, there are many other basic things that also should be kept into consideration what will you do to buy basic stuffs that you need on daily basis, you will need to convert your btc to fiat.
It's a bit of an extra work to be paid in bitcoin and you'd have to manually convert them to fiat, plus considering the changing values everytime. Having shops near you that accept bitcoin can also be considered because if there isn't any, then you'll most likely not want to receive salary in bitcoins because you can't really spend them directly.

If part of the salary is paid in the bitcoin, you just need to save that part of the salary. You do not have to convert to fiat.
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September 17, 2016, 07:27:23 PM
 #589

I am already receiving some % of my salary in bitcoins, and happy to say that I am saving them aside.
I am lucky to have such a company which pays me in bitcoins too with fiat.

A part of my salary being paid in bitcoin would something I would consider, but by no means 100%. I feel that it will eventually it will get me into problems if a major crash happen just after your payday. That would be a real nightmare.


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PizzaBTC
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September 17, 2016, 09:26:03 PM
 #590

I am already receiving some % of my salary in bitcoins, and happy to say that I am saving them aside.
I am lucky to have such a company which pays me in bitcoins too with fiat.

A part of my salary being paid in bitcoin would something I would consider, but by no means 100%. I feel that it will eventually it will get me into problems if a major crash happen just after your payday. That would be a real nightmare.
Yes, instead of getting all your salary in bitcoin it would be nice idea to have some portion in bitcoin so that you need not to buy bitcoin with fiats. But this is not will be a working suggestion for some country people where people are buying bitcoin so easily.
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September 18, 2016, 07:35:43 AM
 #591

My answer is no. Firstly, because bitcoin price is unstable, one it can be $600 and next day - $600. Secondly, there are no places where I can spend bitcoins - i would have to exchange to my local currency. So, I prefer to get sallary in Euros, and I think situation won't change in nearest future.
using bitcoin for a short period of time is indeed incomprehensible, but if bitcoin is used for long-term investment, then the result will be felt. bitcoin was created to compete with other currencies, bitcoin does not aim to impose other currencies.
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September 18, 2016, 09:16:31 AM
 #592

I am already receiving some % of my salary in bitcoins, and happy to say that I am saving them aside.
I am lucky to have such a company which pays me in bitcoins too with fiat.

A part of my salary being paid in bitcoin would something I would consider, but by no means 100%. I feel that it will eventually it will get me into problems if a major crash happen just after your payday. That would be a real nightmare.

It would be really good if companies starts paying certain percentage of salary in biticoins, as that portion will be saved for the future and we don't need to buy bitcoins if that happens.
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September 18, 2016, 10:24:25 AM
 #593

I get my monthly salary in bitcoin now, I work in a start-up in bitcoin industry, I feel very happy paid in bitcoin, I can directly buy my favorite altcoin, don't need to deposit to bank with any trouble.
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September 18, 2016, 10:34:19 AM
 #594

I get my monthly salary in bitcoin now, I work in a start-up in bitcoin industry, I feel very happy paid in bitcoin, I can directly buy my favorite altcoin, don't need to deposit to bank with any trouble.

Wow, really amazing if you get it all. So you can as well use the bitcoin and also sure you will be delighted when the there are a few stores that accept bitcoin as one payment. You are so lucky and I'd love to get it all,
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September 18, 2016, 10:49:40 AM
 #595

I get my monthly salary in bitcoin now, I work in a start-up in bitcoin industry, I feel very happy paid in bitcoin, I can directly buy my favorite altcoin, don't need to deposit to bank with any trouble.

Wow, really amazing if you get it all. So you can as well use the bitcoin and also sure you will be delighted when the there are a few stores that accept bitcoin as one payment. You are so lucky and I'd love to get it all,
Great to hear that there are really a certain establishment that pays bitcoin, if you care to share what company are you in I would be very appreciative because I will try to apply and leave my day job if the benefits is bigger than my current job.

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September 18, 2016, 12:00:51 PM
 #596

I get my monthly salary in bitcoin now, I work in a start-up in bitcoin industry, I feel very happy paid in bitcoin, I can directly buy my favorite altcoin, don't need to deposit to bank with any trouble.

Wow, really amazing if you get it all. So you can as well use the bitcoin and also sure you will be delighted when the there are a few stores that accept bitcoin as one payment. You are so lucky and I'd love to get it all,
Great to hear that there are really a certain establishment that pays bitcoin, if you care to share what company are you in I would be very appreciative because I will try to apply and leave my day job if the benefits is bigger than my current job.

Until he doesn't provide any proof we cannot afford to trust him, as may be he is posting only to increase his post count and after all he needs to convert it to fiat for spending as bitcoin is yet not accepted everywhere.
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September 18, 2016, 12:14:55 PM
 #597

I get my monthly salary in bitcoin now, I work in a start-up in bitcoin industry, I feel very happy paid in bitcoin, I can directly buy my favorite altcoin, don't need to deposit to bank with any trouble.

Wow, really amazing if you get it all. So you can as well use the bitcoin and also sure you will be delighted when the there are a few stores that accept bitcoin as one payment. You are so lucky and I'd love to get it all,
Great to hear that there are really a certain establishment that pays bitcoin, if you care to share what company are you in I would be very appreciative because I will try to apply and leave my day job if the benefits is bigger than my current job.

Until he doesn't provide any proof we cannot afford to trust him, as may be he is posting only to increase his post count and after all he needs to convert it to fiat for spending as bitcoin is yet not accepted everywhere.

I agree, although bitcoin is much more known now in the internet or cyberworld, in the real world only few people knows about it and only few shops accepts it as a direct payment. Most of the shops that accepts it as direct payment are those you don't need in your daily livings. They just accept bitcoin as direct payment for innovation or to attract more customers that also uses bitcoin.
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September 18, 2016, 12:17:12 PM
 #598

I get my monthly salary in bitcoin now, I work in a start-up in bitcoin industry, I feel very happy paid in bitcoin, I can directly buy my favorite altcoin, don't need to deposit to bank with any trouble.

Wow, really amazing if you get it all. So you can as well use the bitcoin and also sure you will be delighted when the there are a few stores that accept bitcoin as one payment. You are so lucky and I'd love to get it all,
Great to hear that there are really a certain establishment that pays bitcoin, if you care to share what company are you in I would be very appreciative because I will try to apply and leave my day job if the benefits is bigger than my current job.

Until he doesn't provide any proof we cannot afford to trust him, as may be he is posting only to increase his post count and after all he needs to convert it to fiat for spending as bitcoin is yet not accepted everywhere.

I agree, although bitcoin is much more known now in the internet or cyberworld, in the real world only few people knows about it and only few shops accepts it as a direct payment. Most of the shops that accepts it as direct payment are those you don't need in your daily livings. They just accept bitcoin as direct payment for innovation or to attract more customers that also uses bitcoin.

Bitcoin is good as a currency and also as an investment, but we cannot trust it so blindly that we can risk our monthly income for it, as there is no guarantee that price will keep on rising in future.
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September 18, 2016, 12:20:34 PM
 #599

For now, i wouldn't like to receive my salary in bitcoin. Because it will cost more to exchange it into fiat, even if i accept my salary in bitcoin, there is no shop that accept bitcoins. So i think it's better to receive it in fiat.
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September 18, 2016, 12:23:17 PM
 #600

It can be good idea if it is fixed in bitcoin. When bitcoin price increases so is your salary. So there are chance that you can earn more if you receive it in btc. And when the price is low, you'll just hold it for a while and consider it as an investment.
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