1Referee
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October 11, 2016, 07:12:58 AM |
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Yes, I would like to receive my salary in BTC. This way, I don't have to worry about getting held up or getting snatched when I get my salary. All of my salary would be in my Bitcoin wallet and even if my phone gets stolen, my funds are all secure. Additionally, this way I would have the privilege of not having a big percentage of my salary taken away from me because of that income tax law that the government has made.
Let's assume the company you are working for pays you in BTC. You will still only get your net salary paid oud. It's not because of Bitcoin that you don't have to pay your income tax. Governments aren't that stupid.
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sishendaoye
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October 11, 2016, 07:19:28 AM |
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I wouldn't like to receive my salary in bitcoin cause if I receive my salary in bitcoin I'll have no ways to pay the bills. My bills cant be paid by bitcoin so I'd have to swap back and swapping back costs money so no thanks I'll stay with fiat salary for now.
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bitkilo
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https://www.bitcoin.com/
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October 11, 2016, 07:25:20 AM |
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Yes, I would like to receive my salary in BTC. This way, I don't have to worry about getting held up or getting snatched when I get my salary. All of my salary would be in my Bitcoin wallet and even if my phone gets stolen, my funds are all secure. Additionally, this way I would have the privilege of not having a big percentage of my salary taken away from me because of that income tax law that the government has made.
Let's assume the company you are working for pays you in BTC. You will still only get your net salary paid oud. It's not because of Bitcoin that you don't have to pay your income tax. Governments aren't that stupid. Exactly, whenever i mention to someone that i get paid some of my wage in bitcoin their first question always is "do you get paid in bitcoin so you don't have to pay tax" NO! I still pay the same tax as i did when receiving my wage in fiat. I wouldn't like to receive my salary in bitcoin cause if I receive my salary in bitcoin I'll have no ways to pay the bills. My bills cant be paid by bitcoin so I'd have to swap back and swapping back costs money so no thanks I'll stay with fiat salary for now.
Depending on what country you are in you could look for a similar service as livingroomofsatoshi.com, i can pay all my bill with bitcoin via their site.
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Not a paid signature, just added to promote Bitcoin.com ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Skarner21
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October 11, 2016, 07:27:12 AM |
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I wouldn't like to receive my salary in bitcoin because receiving your salary in an unstable currency sounds kinda risky. I wouldn't like it to have parts of my salary lost if I'm unlucky i'd rather just invest fiat manually into bitcoin.
That's a right decision, investing fiat in bitcoin can be profitable in long run but we cannot afford to put our monthly income at risk by accepting salary in bitcoins as price may fall in coming years. but this is also possible that bitcoin price won't fall and it increase. even I think chance of price increase is higher then price fall.. and bitcoin is unpredictable. we can't see about coming years. bitcoin is good and it is the best thing. Yes and there is a full possibility that price of bitcoin will be higher if future as more people will start using it which will take adoption to higher level which will have positive impact on its price. There is no assurance that bitcoin will be more high price increase since we are not fortune teller to know it.. even we are seeing many people are using bitcoin and more people will come it can not change the value bitcoin is always depends in demand supply the more investors buy bitcoin the more price increase this is the concept of demand and supply if people are just using it and never invest their money in bitcoin there is no effect.. only the popularity that they can increase..
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Make crypto as your bank.
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fkvidar
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October 11, 2016, 07:27:56 AM |
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I wouldn't like to receive my salary in bitcoin cause if I receive my salary in bitcoin I'll have no ways to pay the bills. My bills cant be paid by bitcoin so I'd have to swap back and swapping back costs money so no thanks I'll stay with fiat salary for now.
That's right at a moment to spend our bitcoins we need to convert them to fiat first as we don't have any scope to spend them directly and converting them involves fees which cannot be profitable if you are doing it regularly.
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Adrorecia
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October 11, 2016, 08:10:05 AM |
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I wouldn't like to receive my salary in bitcoin because receiving your salary in an unstable currency sounds kinda risky. I wouldn't like it to have parts of my salary lost if I'm unlucky i'd rather just invest fiat manually into bitcoin.
The Bitcoin is not stable all the time so that would mean that your salary is sometimes also not going to be stable and I do not have that. With a salary you need to make sure that you get the same amount every month.
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Mastsetad
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October 11, 2016, 08:12:16 AM |
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I wouldn't like to receive my salary in bitcoin cause if I receive my salary in bitcoin I'll have no ways to pay the bills. My bills cant be paid by bitcoin so I'd have to swap back and swapping back costs money so no thanks I'll stay with fiat salary for now.
That's right at a moment to spend our bitcoins we need to convert them to fiat first as we don't have any scope to spend them directly and converting them involves fees which cannot be profitable if you are doing it regularly. Yap, and as we can see in the replies of this thread almost every second person says the same thing that they have expenditures so if they receive their salary in bitcoins they will again have to convert them to fiat which will cause them fees which is really not better for them.
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dezoel
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Leading Crypto Sports Betting & Casino Platform
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October 11, 2016, 08:30:42 AM |
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I wouldn't like to receive my salary in bitcoin cause if I receive my salary in bitcoin I'll have no ways to pay the bills. My bills cant be paid by bitcoin so I'd have to swap back and swapping back costs money so no thanks I'll stay with fiat salary for now.
That's right at a moment to spend our bitcoins we need to convert them to fiat first as we don't have any scope to spend them directly and converting them involves fees which cannot be profitable if you are doing it regularly. Yap, and as we can see in the replies of this thread almost every second person says the same thing that they have expenditures so if they receive their salary in bitcoins they will again have to convert them to fiat which will cause them fees which is really not better for them. Exactly as no will prefer to pay 2% conversion fees every time and the main problem is that price can go down at any point of time in that case we need to wait longer to sell our coins at higher price.
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Heartilly
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October 11, 2016, 08:35:32 AM |
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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.
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tygeade
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October 11, 2016, 09:09:56 AM |
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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.
I think we all are facing same problem at a moment as we cannot pay our bills in bitcoins and can't buy anything with bitcoins and we need fiat for our daily stuff so going with fiat is a good choice.
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Piltover
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October 12, 2016, 08:21:07 AM |
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I will still prefer to get my salary in fiat because the bitcoin price is really not stable so I wouldn't trust so much and put all my money in it because it can change value every seconds. There is not much establishements or services in my local that accepts bitcoin so getting bitcoin as my salary will be totally pointless because I will still need to convert it in fiat to be able to use it
To be honest I would not like to receive my salary i Bitcoin because I am fine with the way that is is at this moment and such a change would not be handy. I do not like to make such chances when the way it is going right now is already good enough.
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manyute
Member
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October 12, 2016, 08:31:32 AM |
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I would love to receive the BTC as my Salary. Will keep half of it as savings. Will sell them when the price is high... It will really bring a good profit if the price goes high.
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chaosknight
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October 12, 2016, 09:28:30 AM |
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I will still prefer to get my salary in fiat because the bitcoin price is really not stable so I wouldn't trust so much and put all my money in it because it can change value every seconds. There is not much establishements or services in my local that accepts bitcoin so getting bitcoin as my salary will be totally pointless because I will still need to convert it in fiat to be able to use it
To be honest I would not like to receive my salary i Bitcoin because I am fine with the way that is is at this moment and such a change would not be handy. I do not like to make such chances when the way it is going right now is already good enough. Yeah and we can start accepting salary in bitcoins in future when price goes higher but at a moment its not a smart decision to make as price is not too high and not stable too.
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elDano
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October 12, 2016, 11:10:14 AM |
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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.
I also would prefer my salary in ream money because there is not much that I am able to do with Bitcoin as a salary. Maybe in the future it will become more handy but for now I would not be able to accept it.
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tampazeus
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October 12, 2016, 11:12:42 AM |
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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.
I also would prefer my salary in ream money because there is not much that I am able to do with Bitcoin as a salary. Maybe in the future it will become more handy but for now I would not be able to accept it. Majority of users will not prefer to accept their salary in bitcoins as they are aware that it cannot be profitable for them neither in getting stable income nor in spending them anywhere.
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Noctis Connor
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October 12, 2016, 12:02:37 PM |
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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.
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Shibashi Dogemoto
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October 12, 2016, 12:05:45 PM |
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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.
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chaser15
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October 12, 2016, 02:10:11 PM |
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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?
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mark coins
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October 12, 2016, 02:15:37 PM |
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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.
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Bitcoinbro
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October 13, 2016, 02:02:35 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) I do not mind receiving, say, 20% of my pay in BTC denomination. I think that I would not like to get my salary within Bitcoin because I would have to trade them all the time and I think that I would get tired of it. I do think that it would help me to save money but I still would not like to have it that way.
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