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Author Topic: Would you like to receive your salary in BTC?  (Read 49080 times)
ajun96
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August 23, 2016, 10:07:51 PM
 #521

I would like to receive my salary in bitcoin if the price of bitcoin stable and not change every minutes and also if my salary is rated in dollar but we can convert it into bitcoin.
Lol I think bitcoin prices can change at any time can even be changed in a matter of minutes. but this time you can use a bot so you can sell your bitcoin directly in the exchange after you receive bitcoin. so you do not feel the fluctuation after receiving a salary of bitcoin
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August 23, 2016, 10:43:07 PM
 #522

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.

It depends personality, have a advantage and disadvantage while receive get our paycheck all in bitcoin. One of disadvantage of that there is doesn't many support bitcoin payment. Tye advantage is we can hold our salary and get more profit when the price of bitcoin increase, if we wanna use our salary to complete necessary we can exchange it before use to buy or pay  something.

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August 23, 2016, 10:45:27 PM
 #523

Salary in bitcoin is advisable at this time since the price has not risen or been too stable above $600 yet so you would be doing yourself a disservice if you did accept to be paid in primarily in bitcoin until this has been resolved.

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blackmachinegun
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August 24, 2016, 05:50:41 AM
 #524

I would like to receive my salary in bitcoin if the price of bitcoin stable and not change every minutes and also if my salary is rated in dollar but we can convert it into bitcoin.
I think if you were hoping that bitcoin become completely stable it is a difficult thing. probably will take a very long time and the intervention of the growth of user adoption, because I thought for a few decades. I'm sure the prices will still fluctuate bitcoin
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August 24, 2016, 06:35:43 AM
 #525

I would like to receive my salary in bitcoin if the price of bitcoin stable and not change every minutes and also if my salary is rated in dollar but we can convert it into bitcoin.

Who don't want to receive bitcoin as a salary if it is very stable and the volatility of bitcoin become normal. Of course ill be happy accepting it if that thing happen.  But for now I wouldn't like my day job to give me BTC as  salary because of the stability issue.  Receivng it at this moment will incure us a big deduction because of the processing fee to be deducted when we convert it fiat money.
amanojaku
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August 24, 2016, 07:39:51 AM
 #526

i dont want to receive btc as salary
i prefer local curency
 btc price is not stable
btcking101
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August 24, 2016, 07:42:01 AM
 #527

i dont want to receive btc as salary
i prefer local curency
 btc price is not stable
Not only because bitcoin price is not stable also we cannot use bitcoins offline in real worl till now we need fiat currecy for that for your daily needs.
If u want to buy clothes,foods,soap etc you cannot buy them bitcoins we need real cash for that so getting salary in fiat is much preferred than in bitcoins.
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August 24, 2016, 07:55:48 AM
 #528

If that means that I can avoid paying taxes than yes
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August 24, 2016, 08:47:04 AM
 #529

If that means that I can avoid paying taxes than yes
if company send you salary in bitcoin, i think your salary will be cut for taxes before sending as bitcoin, because company thinking bitcoin as payment proceesor
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August 24, 2016, 09:41:43 AM
 #530

If that means that I can avoid paying taxes than yes
lol everyone want it ,
however i've heard bitwage are the only company who can convert your wage to bitcoin ,
i just did not know yet how it work actually ,
if they automatically convert our wage to bitcoin then , i assume it has limited to certain company only who have supported by bitwage.
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August 24, 2016, 09:45:22 AM
 #531

If that means that I can avoid paying taxes than yes

Unfortunately no as salary we received already has a tax. It's prohibited by the law if the company will not pay taxes.

You will just receive the salary in bitcoin form but the deductions breakdown are still there.

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August 24, 2016, 09:53:13 AM
 #532

Just depend of your job .
If you want to short and mid term go to bitcoin , for hope give profit.
But for long term , i think good to get with salary on flat.

i truly agree with you...there is hope profit for bitcoin...
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August 24, 2016, 10:19:27 AM
 #533

I would like to receive my salary in bitcoin if the price of bitcoin stable and not change every minutes and also if my salary is rated in dollar but we can convert it into bitcoin.

Who don't want to receive bitcoin as a salary if it is very stable and the volatility of bitcoin become normal. Of course ill be happy accepting it if that thing happen.  But for now I wouldn't like my day job to give me BTC as  salary because of the stability issue.  Receivng it at this moment will incure us a big deduction because of the processing fee to be deducted when we convert it fiat money.

Not only on the processing fee, it may affect also your salary because of the volatility of the price. If bitcoins price fluctuates then your salary would decrease too and if  increases then it would increase too. Its too risky too recieve bitcoin  as your salary. I agree if the bitcoins price would stabilize then thats the time we accept bitcoin as our salary.

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August 24, 2016, 08:10:07 PM
 #534

I would like to receive my salary in bitcoin if the price of bitcoin stable and not change every minutes and also if my salary is rated in dollar but we can convert it into bitcoin.
yeah, i would definitely like to get salary in bitcoins too if it was possible to have it stable, though i doubt it will soon happen

 
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August 28, 2016, 11:07:36 AM
 #535

I would like to receive my salary in bitcoin if the price of bitcoin stable and not change every minutes and also if my salary is rated in dollar but we can convert it into bitcoin.
I too would. A small amount of it would be fine. It would be a great passive way to save cash. I could even go as far as making a small amount of my paycheck to go to my childrens bitcoin wallets or even my parent's bitcoin wallet.

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August 29, 2016, 06:20:58 PM
 #536

That's so much in the future since that would not happen until bitcoin becomes the main currency of the world "if it ever becomes that is" but I wouldn't mind as long as I can use it offline as well.
if bitcoin became the world currency, the bitcoin must have a physical form like any other currency in the world. it is difficult to be realized because of the bitcoin digital currency. until now we could just enjoy the bitcoin by way of converting them into dollars and other currencies.
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August 29, 2016, 08:42:03 PM
 #537

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.

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August 30, 2016, 02:27:46 AM
 #538

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.
Bitcoin is only for the people who are willing to take risk but the reality is most of the workers are not risk taker, they are working in a company because they wanted to received a fixed salary that they can use for their family to feed the children, if the value will depreciate that would be a big problem.

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vero
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August 30, 2016, 02:34:29 AM
 #539

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.
Bitcoin is only for the people who are willing to take risk but the reality is most of the workers are not risk taker, they are working in a company because they wanted to received a fixed salary that they can use for their family to feed the children, if the value will depreciate that would be a big problem.
It also makes me think that there could be no companies willing to pay the salaries of their workers with bitcoin, on one side of bitcoin prices may fall it will make a mess of their calculations.

Zadicar
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August 30, 2016, 02:50:47 AM
 #540

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.
Bitcoin is only for the people who are willing to take risk but the reality is most of the workers are not risk taker, they are working in a company because they wanted to received a fixed salary that they can use for their family to feed the children, if the value will depreciate that would be a big problem.

Unstabe price or bitcoin volatility is the main hindrance for most of us  thats why we dont accept bitcoins as  our salary because  it would affect our salary.It does  really have an advantage when bitcoins price would rise  but how about  if it drops then its a bad thing especially for those who fully rely on their salary.

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