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Author Topic: Would you like to receive your salary in BTC?  (Read 49080 times)
subham1
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October 14, 2016, 06:41:42 AM
 #921

I still prefer to receive my salary in "real money". Yes it's nice to think receiving your income in btc because it's cool but majority of my country is not yet familiar with bitcoin so it will be hard to avail stuffs and goods from the market.
Yes getting paid in bitcoins looks cool and a unique new choise but we have to look at it practically and for our real life expenses we need fiat money and not bitcoins because we cannot use bitcoins in our real day to day life,so there is no benefit of recieving salary in bitcoin right now.
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October 14, 2016, 07:06:08 AM
 #922

Yes i would like it because its easy to cash it out so bitcoin as a salary is good one. Because you can budget it to used it. And bitcoin is very nice to save once you have earn bitcoin as a salary is getting a chance to increase that if bitcoin price up. So i do receive bitcoin as my salary.
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October 14, 2016, 07:10:29 AM
 #923

Yeah im 100% agree to that, so i can save more bitcoin for my future and promoting the coin at the same time.

I wish there will be a time for that in the future, its more secured than receiving in fiat.
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October 14, 2016, 09:21:56 AM
 #924


Is there any fee's that if you are going to convert your bitcoin in to local currencies ? and use it on physical stores ? because here in my country there are no fees whenever we want to convert our bitcoin into cash because bitcoin wallet i use is partnered with banks.

No fees for conversion? Is this for real? How come an exchanger will benefits for that? And you stated that it's partnered with banks so it's unusual that it doesn't have any fees?

May I know what country is that? Also what exchange is that?

Yeah if they stop taking fees then how the are gonna make profits from it? And sounds to be unrealistic and why would banks do charity for bitcoins, I sell my coins on localbitcoins and they charge 2% on every transaction.
No fees could easily be worked in to an exchange and there is already a couple around doing this. 
The way they make their money is simply by just charging more per bitcoin on purchases or buying for less when someone wants to "cash out"

As far as i know no bitcoun wallet has yet partnered with any banks but you can link your bank account details to some wallets for cash out directly to your fiat account.

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October 14, 2016, 12:37:17 PM
 #925

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.

That would be a good a idea actually "IF" the country citizens will become a bitcoin enthusiast, but if not, that would be a big problem for the employee especially if the price value of bitcoin is not stable. Unless if the price has a fix amount like 2000$.
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October 14, 2016, 12:38:25 PM
 #926

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.
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October 14, 2016, 12:56:14 PM
 #927

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.
I would not like to receive my salary in Bitcoin because that is just not handy for me at all, I cannot pay my bills and food that way.
So I would just go with a normal currency that exist in that country, maybe i the future when Bitcoin is more known and used I might like it.
I would not like to receive my salary i Bitcoins because in the end I will need a real currency to pay my bills and other stuff with so wit would not make much sense.
Maybe in the future when it becomes more popular and it makes more sense then it could work but not know.

Indeed I also don't want to receive it basicly just because it's not convenient I can lose parts of my salary like this very easy.
I would like to receive part of my salary only in bitcoin but not more than that.
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October 14, 2016, 01:31:58 PM
 #928

I will happy to receive my salary in BTC. I would exchange the BTC to local currency and use it for my expense and would save the rest. Since the price has started to grow now, I would hold the rest of the bitcoins and sell or exchange when the price goes high at the end of this year or in 2017. I am sure this will benefit me with more profit. Its kind of a business done with my salary.
Is there any fee's that if you are going to convert your bitcoin in to local currencies ? and use it on physical stores ? because here in my country there are no fees whenever we want to convert our bitcoin into cash because bitcoin wallet i use is partnered with banks.

Which country you belong to? As in my country I have to pay 2% conversion every time when I exchange them to fiat and I think its too high especially if you are selling in higher amount.
Philippines we are using our bitcoin wallet that based on my country we don't have fee's when we are selling our bitcoin into banks and it really fast we do have options there if we want it to become cardless withdrawal no need cards etc when you need to withdraw money.
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October 14, 2016, 01:40:16 PM
 #929

I will happy to receive my salary in BTC. I would exchange the BTC to local currency and use it for my expense and would save the rest. Since the price has started to grow now, I would hold the rest of the bitcoins and sell or exchange when the price goes high at the end of this year or in 2017. I am sure this will benefit me with more profit. Its kind of a business done with my salary.
Is there any fee's that if you are going to convert your bitcoin in to local currencies ? and use it on physical stores ? because here in my country there are no fees whenever we want to convert our bitcoin into cash because bitcoin wallet i use is partnered with banks.

Which country you belong to? As in my country I have to pay 2% conversion every time when I exchange them to fiat and I think its too high especially if you are selling in higher amount.
Philippines we are using our bitcoin wallet that based on my country we don't have fee's when we are selling our bitcoin into banks and it really fast we do have options there if we want it to become cardless withdrawal no need cards etc when you need to withdraw money.
You might not notice the fee but exchange sites does not operate for free, they are surely making money in every transaction we are making. Just try to check the buying price and the selling price so you can see and calculate how much they are making money from every transaction we do.

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October 14, 2016, 02:15:51 PM
 #930

I wouldn't like to receive my salary in bitcoin cause receiving my salary in bitcoin would mean that I have to convert it back every time to be able to pay for my bills which is a no go cause I have to pay fees everytime
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October 14, 2016, 11:00:51 PM
 #931

I wouldn't like to receive my salary in bitcoin cause receiving my salary in bitcoin would mean that I have to convert it back every time to be able to pay for my bills which is a no go cause I have to pay fees everytime

This is what the majority says that we don't want to accept our salary in bitcoins. But we are keep on saying that we trust with bitcoin and now I changed my mind from saying that I don't want to receive bitcoins as my salary. Since I believe that bitcoin is going to be used in the future within my community then I would say yes.
for now maybe yeah you cannot expect too much in bitcoin
like you are not able yet to pay your bill with bitcoin , you cannot buy many kind foods etc
so receiving salary in bitcoin are sounds like too much hard things to do with real life
but you should believe soon or later bitcoin will be more established just like fiat.
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October 15, 2016, 07:04:45 AM
 #932

I wouldn't like to receive my salary in bitcoin cause receiving my salary in bitcoin would mean that I have to convert it back every time to be able to pay for my bills which is a no go cause I have to pay fees everytime

This is what the majority says that we don't want to accept our salary in bitcoins. But we are keep on saying that we trust with bitcoin and now I changed my mind from saying that I don't want to receive bitcoins as my salary. Since I believe that bitcoin is going to be used in the future within my community then I would say yes.
for now maybe yeah you cannot expect too much in bitcoin
like you are not able yet to pay your bill with bitcoin , you cannot buy many kind foods etc
so receiving salary in bitcoin are sounds like too much hard things to do with real life
but you should believe soon or later bitcoin will be more established just like fiat.
Maybe I would only accept my salary in bitcoin if my employer will increase my salary, I have a big family so I would not gamble all my salary in bitcoin. I cannot do that although I love bitcoin because most smart investors are moving in, right now I even want to increase my salary by doing different kind of works online.

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October 15, 2016, 08:26:30 AM
 #933

I do not want to receive all my salary in Bitcoins or a big portion of it because there is not much that I can do worth them I can't pay my bills and other stuff with them therefore would need to exchange it. It would not make much sense to make them that way in my opinion.
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October 15, 2016, 08:35:03 AM
 #934

I do not want to receive all my salary in Bitcoins or a big portion of it because there is not much that I can do worth them I can't pay my bills and other stuff with them therefore would need to exchange it. It would not make much sense to make them that way in my opinion.


It would obviously not make sense if you are depending on just your salary for doing anything, but it can be good for those who already has some spare money that can be used for those things so they can use these bitcoins in trading or something instead of getting cash.
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October 15, 2016, 08:38:05 AM
 #935

I do not want to receive all my salary in Bitcoins or a big portion of it because there is not much that I can do worth them I can't pay my bills and other stuff with them therefore would need to exchange it. It would not make much sense to make them that way in my opinion.


It would obviously not make sense if you are depending on just your salary for doing anything, but it can be good for those who already has some spare money that can be used for those things so they can use these bitcoins in trading or something instead of getting cash.

They cannot depend on that spare money for a lifetime, in real world you need fiat on regular basis, so if you are accepting salary in bitcoins then you can trade with some of them but most of them you need to convert to fiat for your expenses.

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October 15, 2016, 04:39:28 PM
 #936

Yes I would like if I could get my salary in BTC but only if I can use BTC directly in markets and shops since I would just need to exchange it for USD and then use it after that, So I wouldn't take it in BTC right now since you can't use it directly in most physical places.
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October 15, 2016, 05:42:49 PM
 #937

Of course, I would love to receive my salary in BTC. Actually I am already receive some of my salary in BTC as I have an online work or job that pays BTC while in my day job I am paid in my countries currency automatically credited into my bank account during payday.
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October 15, 2016, 06:52:30 PM
 #938

Of course, I would love to receive my salary in BTC. Actually I am already receive some of my salary in BTC as I have an online work or job that pays BTC while in my day job I am paid in my countries currency automatically credited into my bank account during payday.

Will be very glad to get my wage in bitcoins. Only an effort is needed is to exchange into my local fiat. Once this is completed, all my commitments will fully cover my salary. If a bit of BTC remains as balance after fulfilling all requirements, i would better save it to see a reasonable profit. The positive added advantage with BTC would be the price increase. 
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October 15, 2016, 07:28:19 PM
 #939

I wouldn't like to receive my salary in bitcoin cause receiving my salary in bitcoin would mean that I have to convert it back every time to be able to pay for my bills which is a no go cause I have to pay fees everytime

This is what the majority says that we don't want to accept our salary in bitcoins. But we are keep on saying that we trust with bitcoin and now I changed my mind from saying that I don't want to receive bitcoins as my salary. Since I believe that bitcoin is going to be used in the future within my community then I would say yes.

Only those people do not want to receive their salaries in bitcoins who do not have believe on bitcoin and do not have any knowledge about bitcoins but those people who have trust on bitcoin and have knowledge about bitcoin want to have them in their wallet.
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October 15, 2016, 09:47:08 PM
 #940

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.
I would not like to receive my salary in Bitcoin because that is just not handy for me at all, I cannot pay my bills and food that way.
So I would just go with a normal currency that exist in that country, maybe i the future when Bitcoin is more known and used I might like it.
I would not like to receive my salary i Bitcoins because in the end I will need a real currency to pay my bills and other stuff with so wit would not make much sense.
Maybe in the future when it becomes more popular and it makes more sense then it could work but not know.

Indeed I also don't want to receive it basicly just because it's not convenient I can lose parts of my salary like this very easy.
I would like to receive part of my salary only in bitcoin but not more than that.
I know some companies in Australia has started offer bitcoin as salary regarding it has low cost and fast transaction. Bitcoin has more advantages than fiat money, even if you receive it could easily convert into fiat money.
What make it better if you get pay out today and then the price increase in the next day, don't worry if the price decrease it would rise again.
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