Fatanut
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Activity: 1008
Merit: 1059
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September 21, 2016, 11:52:35 AM |
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Definitely, yes. There'd be no income tax and some inflation might even happen. Also, Bitcoin is safer to have than carrying an envelope full of fiat. The cash out fee in my country isn't that much. It's like 1% of the total amount as your fee and then half a dollar if you withdraw it on an ATM regardless of how much it is. 3$ for the credit card that you'll be needing.
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audaciousbeing
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September 21, 2016, 11:54:23 AM |
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I wont like to receive it in bitcoin because of the high volatility surrounding it
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randy8777
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Activity: 896
Merit: 1000
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September 21, 2016, 11:54:28 AM |
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good idea to receive my salary in btc : no charges ! no taxes !!! hahaha
not sure in what country you are living, but here where i live bitcoin holdings are being taxed if you declare them. beside the fact that you do need to pay tax in well developed countries, you also have to deal with the volatility that forms a danger to getting all your payouts in bitcoin. |
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richmcrich
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September 21, 2016, 12:58:14 PM |
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I wont like to receive it in bitcoin because of the high volatility surrounding it
Volatility is the biggest concern for many people here, but if you have more spending options for bitcoin in your area, with the respect to comparatively stable bitcoin prices right now you may go for accepting bitcoin salary. Other than that, if you have plans for saving bitcoin for long term and aiming for maximum profit from bitcoin price appreciation, I suggest you to go for accepting bitcoin salary regardless of price volatility and bitcoin adoption in your region. |
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Xester
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September 21, 2016, 01:16:17 PM |
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good idea to receive my salary in btc : no charges ! no taxes !!! hahaha
I do not think that your company will not make some adjustment in taxing your bitcoin salary. Everytime we received our salary deductions have already been made. So what you received is the net income and a correponding tax has been applied to it. |
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Red-Apple
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September 21, 2016, 01:20:58 PM |
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good idea to receive my salary in btc : no charges ! no taxes !!! hahaha
haha, you WISH. it doesn't matter how your employer is going to pay you, in fiat or in bitcoin or in stones. as long as they are paying you there will be taxes and all that other stuff they remove from the salary. |
--signature space for rent; sent PM--
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legdunes
Member
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Activity: 115
Merit: 10
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September 21, 2016, 01:25:03 PM |
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I would take my salary in Bitcoin if I got the $ equivalent in BTC so the amount I would receive would vary depending on the price.
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sishendaoye
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September 21, 2016, 01:44:10 PM |
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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.
Indeed not alot of shops accept bitcoin so to receive full salary in bitcoin would be a waste since I have to pay bills etc which means id have to convert back to fiat but that costs fees so then im losing money. |
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Legasean
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September 21, 2016, 01:47:14 PM |
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I never want to receive bitcoins as my salary because i know for sure that the bitcoin will drop very low and when you get salary in bitcoins you will get rid of your money.
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Yutikas_11920
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September 21, 2016, 01:52:51 PM |
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I never want to receive bitcoins as my salary because i know for sure that the bitcoin will drop very low and when you get salary in bitcoins you will get rid of your money.
It does lack using bitcoin, but if indeed you have a little savings for a few days or a few months into the future then I'm sure that your life be better because it is bitcoin is a digital currency that can give you a tremendous advantage. Salary is the result of our work for a few days or months, and the salary would have been used for our lives. So. If you do not agree then you can use your savings fund for use in the bitcoin |
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chaser15
Legendary
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Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
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September 21, 2016, 02:04:15 PM |
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good idea to receive my salary in btc : no charges ! no taxes !!! hahaha
haha, you WISH. it doesn't matter how your employer is going to pay you, in fiat or in bitcoin or in stones. as long as they are paying you there will be taxes and all that other stuff they remove from the salary. They really think there is not tax if they received their salary in bitcoin? How pathetic lol. Salaries are already computed by the companies and that will includes all the deduction. No way employees will be saved from tax. What do they think of their company? Not paying taxes too from the government? |
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Reid
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September 21, 2016, 02:30:53 PM |
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It is hard to think to have a salary which is moving a lot. I dont think I will accept it. Better off with cash or through my bank account. Thrn maybe I can just buy bitcoin the way it should be. There wont be any hassle for the payroll employee also.
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Sandroxa
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September 21, 2016, 02:31:03 PM |
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Do you really think there are people who loved to get payed in bitcoins i dont think this is really true because i know what the bitcoin will be in the future and dont think allot of peopel will be happy about it.
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rio3233
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September 21, 2016, 02:31:31 PM |
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It's depend. If my salary received in US Dollar but can exchange it into bitcoin, maybe i want try to receive my salary into bitcoin. So, i can select my salary in USD or in BTC.
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bamboylee
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September 21, 2016, 02:52:19 PM |
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Do you really think there are people who loved to get payed in bitcoins i dont think this is really true because i know what the bitcoin will be in the future and dont think allot of peopel will be happy about it.
I do not think anyone know anything about the future, so I do not think you know what bitcoin will be in the future. All we can do is speculate and hope that we are right. What I know is bitcoin have survived this long and it may still survive much longer and prosper more. |
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Chrismeister
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September 21, 2016, 04:15:12 PM |
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Nope, I do not think its easy to do and I also think we are right now still far from it, the most people will also not like it right now.
Its just too early to do this maybe in the far future it will be done but the bitcoin first needs to get bigger.
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bitdumper
Sr. Member
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Activity: 266
Merit: 250
One world One currency, Bitcoin.
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September 21, 2016, 05:41:38 PM |
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No, i am sure nobody does. would you like to get your salary in gold or silver i am sure you do not like those even they looks very attractive but all good lucking things are not faint. bitcoin has price fluctuation and is not acceptable anywhere (till now) but still avalible in most cntry
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haankoammu
Member
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Activity: 115
Merit: 10
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September 21, 2016, 05:59:26 PM |
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Personally although being a bitcoin fan, I wouldn't take all of it in BTC. if the world is a little different at that time "i.e you can buy things with bitcoins" then maybe it's possible otherwise I would just take a portion "around 30% or so" in bitcoins, The rest in fiat.
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resilientknight
Member
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Activity: 70
Merit: 10
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September 22, 2016, 02:35:48 AM |
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I think any crypto lover would like to receive this way, but, as has been said, this is not the right time for it. Stability is also something important in people's lives.
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Caladonian
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September 22, 2016, 03:51:17 AM |
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I think any crypto lover would like to receive this way, but, as has been said, this is not the right time for it. Stability is also something important in people's lives.
yes mate you will be lucky if when your salary just sent to you and the price will rally up but if its goes to the other way around you'll be sorry because thats money came from your hard work and you wanted to paid in the exact value of your work right,. |
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