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Author Topic: Would you like to receive your salary in BTC?  (Read 49080 times)
Mastsetad
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September 27, 2016, 10:20:32 AM
 #761

Not really. But a part of salary will be good enough Cheesy
I think so, maybe half of my salary i can consider that since sometimes im buying btc using fiat, so it would be fine if i receive the half of it only in btc. i still need cash for my daily expenses but receiving my salary in btc is not a bad idea though.

Getting the salary in btc wont be bad until the price would be dropping at the time of your salary so in that case you might lose some dollars until you sell them back for cash, but if the price is quite stable or going up those days then it would be an advantage for you.
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September 27, 2016, 10:31:22 AM
 #762

Not really. But a part of salary will be good enough Cheesy
I think so, maybe half of my salary i can consider that since sometimes im buying btc using fiat, so it would be fine if i receive the half of it only in btc. i still need cash for my daily expenses but receiving my salary in btc is not a bad idea though.

Getting the salary in btc wont be bad until the price would be dropping at the time of your salary so in that case you might lose some dollars until you sell them back for cash, but if the price is quite stable or going up those days then it would be an advantage for you.

Recieving  bitcoin as a salary would be a risky thing  unless if you dont  money  in  daily basis then you could  choose  this option but for those who really needs money for sure  they would   prefer to recieve fiat  because   they think that they wont risk  anything  hence fiat  have stable price.

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September 27, 2016, 12:55:15 PM
 #763

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's depend on the situation though. If the price of bitcoin keep increase like today, yes i like to received my salary in bitcoin, but not for long term. Only for short term and when the bitcoin's price goes down i won't in bitcoin.
Do you really think allot of people wants this as their salary i dont think so becuase i know for sure that allot of people dont want to accept bitcoins as salary for sure!

For sure since bitcoins price is too volatile to consider to  accept it as our salary and  we would surely have a hard time to adjust on our daily expenses since  bitcoins price is always moving maybe we would  accept  more than or less on our expected salary amount. Which is not good at all.

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September 27, 2016, 01:48:39 PM
 #764

Not nowadays. If bitcoin price in future will be stable (if this could happen), maybe yes.
it is clear that most people will receive a salary with bitcoin bitcoin when prices become stable because it will reduce the risk of loss.
although fluctuations may provide an advantage but I think the employees just want certainty for their income?
DPAY2016
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September 27, 2016, 02:46:42 PM
 #765

When bitcoin was 1k usd, how people could receive salary by btc?
1k usd at that time was 1 btc
Now they lost 50% of theyr income if they were paid by btc at that time without spent or use them.
Btc need price stabilization in long term.
diodio5
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September 27, 2016, 10:47:47 PM
 #766

Putting all the salary in banks dont give enough return so i think its better to receive salary in bitcoin and hold it until we need cash than use bitcoin debit card to withdraw just like regular bank atm cards. In this way interest rate we get will be well higher than banks interest as price of bitcoin is growing gradually every day.
you know bitcoin prices are fluctuating so lucky for you when you hold all of your payroll in bitcoin and pull it when prices are high, but if the low price what would you do with bitcoin you save? That's why most people consider to receive their salaries with bitcoin
CloudStrife
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September 28, 2016, 06:25:42 AM
 #767

Probably not, if the price goes up you are in a favorable situation, but if there is a sudden drop you may have losses in your earnings. Therefore, I believe it is not a good decision at the time.
CrimBit
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September 28, 2016, 06:46:39 AM
 #768

im join bitmixer signature campaign, and i get the salary in bitcoin, so for me receiveing bitcoin as salary is not something new, it's very simple, and i will accept it.
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September 28, 2016, 07:17:38 AM
 #769

im join bitmixer signature campaign, and i get the salary in bitcoin, so for me receiveing bitcoin as salary is not something new, it's very simple, and i will accept it.

That's fine if that is the nature of your job, online job, but if you are working on a day job then it's a bit of inconvenience since you will have to convert it back to dollar for you to use it and sometimes you will need a third party to do that. But since you already experienced receiving your salary in bitcoin, I guess you are knowledgeable about it.

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September 28, 2016, 08:08:04 AM
 #770

im join bitmixer signature campaign, and i get the salary in bitcoin, so for me receiveing bitcoin as salary is not something new, it's very simple, and i will accept it.

that is not called a salary it is more like a pocket money to pay for small thing online with bitcoin that you are earning.
salary is something you get for the job that you do and it pays your expenses (all of them) in your life so it needs to be the largest amount of money that you earn through any job that you are doing not just a small amount of money that you gain from a secondary hobby-job Cheesy

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DPAY2016
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September 28, 2016, 01:23:00 PM
 #771

im join bitmixer signature campaign, and i get the salary in bitcoin, so for me receiveing bitcoin as salary is not something new, it's very simple, and i will accept it.

that is not called a salary it is more like a pocket money to pay for small thing online with bitcoin that you are earning.
salary is something you get for the job that you do and it pays your expenses (all of them) in your life so it needs to be the largest amount of money that you earn through any job that you are doing not just a small amount of money that you gain from a secondary hobby-job Cheesy

Salary is when you work for 1 month with primary job and be paid by BTC or ETH or crypto in general, not in FIAT.
DomesticTrader
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September 28, 2016, 01:29:13 PM
 #772

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.

Definitely. I buy lots of bitcoin with my salary anyway and it just saves a lot of time and conversion fees to get bitcoin from my fiat currency based salary. Getting a bitcoin salary also means better promotion of BTC.

You can easily use a bitcoin debit card if you ever need to buy something that is priced in USD only.
Off course i wont accept my salary in bitcoins i dont understand why people love to have that you know allot of people are receiving salary but in doillar many times better when you get it in bitcoins for sure.
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September 28, 2016, 03:32:23 PM
 #773

I wouldn't want it anything more than %30 in BTC since it's still not practical to use BTC physically and it's not accepted "at least not regularly" in real shops therefore I would need to exchange the rest to USD, There might be time in the future where you can use BTC physically + get paid in BTC Smiley .
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September 28, 2016, 03:34:26 PM
 #774

No way not me. I am surprised you. Maybe you have no steady bills but if you got steady bills but if you have then you would have said not because 1 bad month of the price and you will be in debt.
It's hard to live with this kind of security.
Aamir1
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September 28, 2016, 03:36:21 PM
 #775

No way not me. I am surprised you. Maybe you have no steady bills but if you got steady bills but if you have then you would have said not because 1 bad month of the price and you will be in debt.
It's hard to live with this kind of security.

In that case it would be reasonable to get a half of it in bitcoin and the other half in fiat because the half you got in fiat can be used for bills and other things while the half given in bitcoin can be used for trading or holding, if you are holding them and you see a price drop you should immediately send your coins to make yourself safe from a loss.
randy8777
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September 28, 2016, 03:40:09 PM
 #776

No way not me. I am surprised you. Maybe you have no steady bills but if you got steady bills but if you have then you would have said not because 1 bad month of the price and you will be in debt.
It's hard to live with this kind of security.

In that case it would be reasonable to get a half of it in bitcoin and the other half in fiat because the half you got in fiat can be used for bills and other things while the half given in bitcoin can be used for trading or holding, if you are holding them and you see a price drop you should immediately send your coins to make yourself safe from a loss.

in order to avoid a lot hassle, you can already use a part of your salary to buy bitcoin. why would you wait for the day your salary will be paid in bitcoin. that doesn't make any sense. just use 5 or 10% of your monthly salary, and buy yourself some coins with that amount. either keep holding them as an investment, or start spending them as a currency.
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September 28, 2016, 05:10:39 PM
 #777

Depends on situation because if government ban bitcoin there obviously there is no way of choosing this way. But if government support bitcoin then definitely I will love to receive my salary in bitcoin because with bitcoin i have much more opportunities to earn them with conventional paper currency.
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September 28, 2016, 05:31:10 PM
 #778

Ready conversion of bitcoin into fiat is not possible in my country hence the answer is "NO". If it was possible then yes. Not much of the local stores/shops accept it here, let alone have ever heard of it. Hence I cannot accept it as salary at the moment.

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john2231
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September 28, 2016, 05:43:56 PM
 #779

Ready conversion of bitcoin into fiat is not possible in my country hence the answer is "NO". If it was possible then yes. Not much of the local stores/shops accept it here, let alone have ever heard of it. Hence I cannot accept it as salary at the moment.
We are not the same places but for me i can accept it as salary because we can instantly convert it into fiat we have a good wallet online base in my country that we can withdraw it instantly without waiting or use western union to wait few days to receive your money.
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September 28, 2016, 05:49:45 PM
 #780

Depends on situation because if government ban bitcoin there obviously there is no way of choosing this way. But if government support bitcoin then definitely I will love to receive my salary in bitcoin because with bitcoin i have much more opportunities to earn them with conventional paper currency.
Some people may not like to hear this, but governments will never support Bitcoin as it's something they have no control over.

As randy8777 also mentioned, if you want a part of your salary to be in Bitcoin, then just buy these coins with your salary.

Not sure why people always think so difficult about things that are so easy to do.

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