Will you accept bitcoin as your salary?

[serjent05]

I don't see a reason why I shouldn't accept bitcoins as a salary since you can exchange bitcoin in flat . It's a great thing actually. This is not an impossible because everyday bitcoin is getting popular.

yeah, a lot of people tell that it would be a problem to use it, but you can simply just exchange it all to fiat at the time you get your salary, i would definitely accept bitcoin salary

then it's not actually accepting salary in bitcoin form,it's just having salary in fiat even it's on exchanger,and by doing this you're wasting effort,times,and money for paying fees when you could get your salary directly through fiat

Same goes when you are about to use bitcoin in your daily life.  You will do the reverse process of what you have said.  People wont mind those 3% fee if they think they Bitcoin will give them alot more profit than just making their fiat money stay as it is.  If you are already involved in Bitcoin, your life would be, fiat to bitcoin to hold then cashout, or fiat bitcoin, altcoin and trade.  You are happy to use Bitcoin for all the transaction. Because your one proud bitcoin enthusiast. Sounds funny but it is true for all of us.

[potatopower]

i think i would accept it, to be honest i would most probably transfer all my money to fiat

[zend7]

Accepting it as a base salary would only make sense if the country that you live in can allow most of the bills that you pay is accepting bitcoin as a form of payment.
That would only be the logical choice for answering this question.

[leowonderful]

Very few stores and businesses accept BTC as of now (in my area, of course). This would mean (for me) I'd live on exchanges, but what if they shut down? There's also the fees incurred on every transaction on almost every exchange ever made. Unless you live in a place where all businesses accept BTC, receiving BTC as a salary isn't ideal. Of course, there's always the risk behind this, as bitcoin could drop drastically and lose all its value.

[socks435]

Accepting it as a base salary would only make sense if the country that you live in can allow most of the bills that you pay is accepting bitcoin as a form of payment.
That would only be the logical choice for answering this question.

Here in my country is the best because you can instantly convert bitcoin into fiat we our wallet coins.ph which is you can convert it into btc to php and php to btc without withdrawing it..

[Daniel91]

Right now, answer is no.
Why?
All my everyday expenses like electricity, water, phone are still not in Bitcoin.
It's the same for my bank loan and many other things in my life.
What is the meaning to have salary I BTC if I will have to exchange it every day for my expenses?
Honestly, I don't think that Bitcoin will ever become main currency in my country so I'm happy with current situation.
I pay my everyday expenses with real money and collect Bitcoin for later

[justdimin]

I don't see a reason why I shouldn't accept bitcoins as a salary since you can exchange bitcoin in flat . It's a great thing actually. This is not an impossible because everyday bitcoin is getting popular.

yeah, a lot of people tell that it would be a problem to use it, but you can simply just exchange it all to fiat at the time you get your salary, i would definitely accept bitcoin salary

then it's not actually accepting salary in bitcoin form,it's just having salary in fiat even it's on exchanger,and by doing this you're wasting effort,times,and money for paying fees when you could get your salary directly through fiat

There are some problems that I can think of by accepting bitcoins as our salary.
First problem is that your company/boss/employer would have the need to know about bitcoins. If they don't, then either you introduce it to them or them finding about it some day. But it doesn't necessarily mean that they would agree with paying employees with bitcoins.

Next, is about the tx confirmation. Let's say that it's payday and you desperately need your salary then the tx isn't confirmed fast and it took hours. Fiat is better since you'll be receiving the money nearly instantly.

[Altynbekova]

I do not think that it is good not a good idea to accept Bitcoin as a salary where I am from because you are not able to pay bills with them or rent.
Maybe later it can be a good thing but not know.

[155UE]

Wouldn't it also depend on how much they are willing to pay you if you are willing to accept being paid this way?
I will say yes if my monthly salary was 4 BTC
That is 2x as much as my salary is now after tax are said and done with.

[betlord90]

Bitcoin or money for nothing equals the difference that they can be spent . So I accept bitcoin because I could make with it . Instead the bank I lay your bitcoin I pay it just to save, I do . Since bitcoin have the prospect of higher prices . If that increase is accumulated to bitcoin . So there is no difference bitcoin and money are the same .

[Lionidas]

People who accept bitcoin as a salary tend to save it instead of spending it seeing it has potential to grow so they view it more valuable than money from their salary.
I think it should be paid as a 401k option instead as salary. In that way it nly makes sense to save it.

[madwica]

People who accept bitcoin as a salary tend to save it instead of spending it seeing it has potential to grow so they view it more valuable than money from their salary.
I think it should be paid as a 401k option instead as salary. In that way it nly makes sense to save it.

I think you mean for those people who have a lot of source of income and their salary would be their saving cause your recommendation is to hold their salary but that is not applicable to those people who only depending on their salary to spend in their daily expenses and also hassle for them to exchange bitcoin into fiat.

[Zadicar]

People who accept bitcoin as a salary tend to save it instead of spending it seeing it has potential to grow so they view it more valuable than money from their salary.
I think it should be paid as a 401k option instead as salary. In that way it nly makes sense to save it.

I think you mean for those people who have a lot of source of income and their salary would be their saving cause your recommendation is to hold their salary but that is not applicable to those people who only depending on their salary to spend in their daily expenses and also hassle for them to exchange bitcoin into fiat.

You got a point there, it is easier to say that it is good to accept bitcoin as a salary, but the real downside of it is that most of the commodities, bills  and other expenses are payable with real money...Having a bitcoin as a salary, would be a little hassle.. You have to convert it back to fiat just to buy your needs... Lucky if you are not eating (kidding aside)..  and only saves your salary most of the time...   

It's not only about hassle on exchanging btc to fiat and also it has risk if your salary would be payed at Bitcoin In that case your salary would depend on Bitcoins price which is really risky. As you said it's easy for some to say they accept Bitcoin as salary because they're stable enough to sustain enough their needs without depending on his salary but what about to those who fully depend on their salary? They would probably refer to receive fiat than btc.

[shinratensei_]

I don't see a reason why I shouldn't accept bitcoins as a salary since you can exchange bitcoin in flat . It's a great thing actually. This is not an impossible because everyday bitcoin is getting popular.

yeah, a lot of people tell that it would be a problem to use it, but you can simply just exchange it all to fiat at the time you get your salary, i would definitely accept bitcoin salary

There another reason it needs consider to receiving payments into bitcoin from , and that is the volatile of bitcoin price because it's become a most important think for everyone to receive their salary in bitcoin form.

[SeriousInvestor]

I already take BITCOIN is my SERIOUS salary. SERIOUSLY. And If i did not id SERIOUSLY have mental problems.
SERIOUSLY.

[dunfida]

People who accept bitcoin as a salary tend to save it instead of spending it seeing it has potential to grow so they view it more valuable than money from their salary.
I think it should be paid as a 401k option instead as salary. In that way it nly makes sense to save it.

I think you mean for those people who have a lot of source of income and their salary would be their saving cause your recommendation is to hold their salary but that is not applicable to those people who only depending on their salary to spend in their daily expenses and also hassle for them to exchange bitcoin into fiat.

You got a point there, it is easier to say that it is good to accept bitcoin as a salary, but the real downside of it is that most of the commodities, bills  and other expenses are payable with real money...Having a bitcoin as a salary, would be a little hassle.. You have to convert it back to fiat just to buy your needs... Lucky if you are not eating (kidding aside)..  and only saves your salary most of the time...   

It's not only about hassle on exchanging btc to fiat and also it has risk if your salary would be payed at Bitcoin In that case your salary would depend on Bitcoins price which is really risky. As you said it's easy for some to say they accept Bitcoin as salary because they're stable enough to sustain enough their needs without depending on his salary but what about to those who fully depend on their salary? They would probably refer to receive fiat than btc.

That's right... The value of your salary would change from time to time...So maybe today you could pay your loans and tomorrow your loans will be increasing its interest and that would keep on happening to you til the price of bitcoin would not move too much... 

I'm just wondering, how would the government impose income tax on us if we would receive our salary as bitcoin?  I think lots to be done...

Right, in switching on paying Bitcoin as a salary there would many things to be adjusted and needs to be change before implementing the system of Bitcoin as a salary. Government would have a big problem on collecting taxes if Bitcoin would be implemented as serve as a salary.

[Apriand]

I dont think will accept my salry with bitcoin,
My reason:

1. Bitcoin isn't too popular in my country
2. If i received my salary at btc price $650 then btc down to $500 after that i can lose much my salary

So i like my salary with real money.

[Reid]

Good question.  

I think I will pass with that. I cannot imagine having a salary using bitcoin. It might be a disaster to the employer and employees.

[Senor.Bla]

That depends on some details. will it be every time the same amount or will it be my fiat salary just in bitcoin and depending on the current exchange rate?
The most practical would always be to get paid in the currency i use the most, so i can avoid paying fees for the exchange.
so in conclusion i would accept it, but prefer fiat till i can pay my rent and expenses in bitcoin.

[erickkyut]

well, if it is possible to accept bitcoin as my salary then i'll go for it since bitcoin is non - taxable and very convenient to use. i just hope that someday, bitcoin will be acceptable and well - known worldwide