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Author Topic: Will you accept bitcoin as your salary?  (Read 183483 times)
darklus123
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August 03, 2016, 01:19:14 PM
 #681

I receive my salary in bitcoin. I have a foreign employer and I convert it basically right away. It makes for instant paychecks and no foreign fees.

In your case bitcoin as payment is really a good option. You get no tax and easily gets your salary rather than having it in fiat. Tax would be the issue which bitcoin can defeat.
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August 03, 2016, 02:03:08 PM
 #682

If you're holding a bitcoin debit card, then accepting your salary in bitcoin would be more beneficial than getting it in fiats as of now. Because, in my case I am converting my salary into bitcoin for my saving and for gambling spending. If I do directly get bitcoins that would save more time for me which is usually occurring with conversion.
But how you can fill up your daily needs, are you sure, you can exchange your bitcoin into the fiat for everytime you needs?
and does it's just waste a lot of your time, it's fine for your to accept your salary into btc but you need to consider about next problem you can get from that.

Thing is, there isn't an economy built around Bitcoin yet; so i can't spend BTC to pay for my daily needs; at least not here in France.

If you have a Bitcoin Debit Card, you can use your BTC directly, withdraw from any ATM and buy in every store. Actually, the Wirex Card lets you do all this and more. Try it If you will  Smiley
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August 03, 2016, 06:44:18 PM
 #683

But I very curious to hear opinions from some people in here, and in this time about the bitfinex cases the price of bitcoin is dropping drastically and whether the people is still wanna to receiving their payment or salary into BTC form? Grin
I don't think much people are actually getting their salary in bitcoin because of many reason but these 2 are main : They need money for daily need while bitcoins cant be spent, and other reason the boss might not agree to pay in btc.

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August 03, 2016, 06:52:12 PM
 #684

Actually, I would have a difficulty receiving my salary in bitcoin, as then my employer can see what I spend when and maybe where.
I'd prefer to be paid in a more anonymous coin, such as DASH or Monero.
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August 03, 2016, 09:17:38 PM
 #685

If you're holding a bitcoin debit card, then accepting your salary in bitcoin would be more beneficial than getting it in fiats as of now. Because, in my case I am converting my salary into bitcoin for my saving and for gambling spending. If I do directly get bitcoins that would save more time for me which is usually occurring with conversion.
But how you can fill up your daily needs, are you sure, you can exchange your bitcoin into the fiat for everytime you needs?
and does it's just waste a lot of your time, it's fine for your to accept your salary into btc but you need to consider about next problem you can get from that.

Thing is, there isn't an economy built around Bitcoin yet; so i can't spend BTC to pay for my daily needs; at least not here in France.

Do you have a debit card or credit car? if yes then you are able to spend them easily, go to cex.io exchange or any other exchange where you can transfer your bitcoin to your debit/credit card and can easily spend it for your daily needs.
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August 03, 2016, 09:20:17 PM
 #686

Given this instability, it may not be a good idea. In the future can be.
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August 03, 2016, 09:50:50 PM
 #687

With this fluctuated condition also the down trend ofcourse not
I got my 1 bitcoin as my salary when price 650 and sudddenly price go 520 WTF, i dont want it
i would still accept it, it would be like an investment for me right now so i would definitely want to use it right now, unfortunately it is not possible




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August 03, 2016, 10:14:04 PM
 #688

If you're holding a bitcoin debit card, then accepting your salary in bitcoin would be more beneficial than getting it in fiats as of now. Because, in my case I am converting my salary into bitcoin for my saving and for gambling spending. If I do directly get bitcoins that would save more time for me which is usually occurring with conversion.
But how you can fill up your daily needs, are you sure, you can exchange your bitcoin into the fiat for everytime you needs?
and does it's just waste a lot of your time, it's fine for your to accept your salary into btc but you need to consider about next problem you can get from that.

Thing is, there isn't an economy built around Bitcoin yet; so i can't spend BTC to pay for my daily needs; at least not here in France.
thats true, people cannot use their bitcoins right now and i think that it might not be solved in the near future though people should still get salary in bitcoins in order to help bitcoin get bigger

 
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August 03, 2016, 11:03:09 PM
 #689

If you're holding a bitcoin debit card, then accepting your salary in bitcoin would be more beneficial than getting it in fiats as of now. Because, in my case I am converting my salary into bitcoin for my saving and for gambling spending. If I do directly get bitcoins that would save more time for me which is usually occurring with conversion.
But how you can fill up your daily needs, are you sure, you can exchange your bitcoin into the fiat for everytime you needs?
and does it's just waste a lot of your time, it's fine for your to accept your salary into btc but you need to consider about next problem you can get from that.

Thing is, there isn't an economy built around Bitcoin yet; so i can't spend BTC to pay for my daily needs; at least not here in France.
thats true, people cannot use their bitcoins right now and i think that it might not be solved in the near future though people should still get salary in bitcoins in order to help bitcoin get bigger

I think that issue will be solved sooner and we will be able to use bitcoin for our daily needs as we are seeing from now a lot of companies every day emerge with the payment system of bitcoin, and if it continued with more faster speed then you will see that everywhere bitcoin will be accepted for the businesses.
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August 03, 2016, 11:29:31 PM
 #690

If you're holding a bitcoin debit card, then accepting your salary in bitcoin would be more beneficial than getting it in fiats as of now. Because, in my case I am converting my salary into bitcoin for my saving and for gambling spending. If I do directly get bitcoins that would save more time for me which is usually occurring with conversion.
But how you can fill up your daily needs, are you sure, you can exchange your bitcoin into the fiat for everytime you needs?
and does it's just waste a lot of your time, it's fine for your to accept your salary into btc but you need to consider about next problem you can get from that.

Thing is, there isn't an economy built around Bitcoin yet; so i can't spend BTC to pay for my daily needs; at least not here in France.
thats true, people cannot use their bitcoins right now and i think that it might not be solved in the near future though people should still get salary in bitcoins in order to help bitcoin get bigger

I think that issue will be solved sooner and we will be able to use bitcoin for our daily needs as we are seeing from now a lot of companies every day emerge with the payment system of bitcoin, and if it continued with more faster speed then you will see that everywhere bitcoin will be accepted for the businesses.

I dont think that BTC will thrive with merchants and customers with 1 hour confirmation times like what we see now.

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August 03, 2016, 11:43:17 PM
 #691

If you're holding a bitcoin debit card, then accepting your salary in bitcoin would be more beneficial than getting it in fiats as of now. Because, in my case I am converting my salary into bitcoin for my saving and for gambling spending. If I do directly get bitcoins that would save more time for me which is usually occurring with conversion.
But how you can fill up your daily needs, are you sure, you can exchange your bitcoin into the fiat for everytime you needs?
and does it's just waste a lot of your time, it's fine for your to accept your salary into btc but you need to consider about next problem you can get from that.

Thing is, there isn't an economy built around Bitcoin yet; so i can't spend BTC to pay for my daily needs; at least not here in France.
thats true, people cannot use their bitcoins right now and i think that it might not be solved in the near future though people should still get salary in bitcoins in order to help bitcoin get bigger

I think that issue will be solved sooner and we will be able to use bitcoin for our daily needs as we are seeing from now a lot of companies every day emerge with the payment system of bitcoin, and if it continued with more faster speed then you will see that everywhere bitcoin will be accepted for the businesses.

I dont think that BTC will thrive with merchants and customers with 1 hour confirmation times like what we see now.
how in the hell can you say that confirmations take hours to happen? they are only 10 minutes and some websites even not ask for it to use your btc

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August 03, 2016, 11:52:43 PM
 #692

If you're holding a bitcoin debit card, then accepting your salary in bitcoin would be more beneficial than getting it in fiats as of now. Because, in my case I am converting my salary into bitcoin for my saving and for gambling spending. If I do directly get bitcoins that would save more time for me which is usually occurring with conversion.
But how you can fill up your daily needs, are you sure, you can exchange your bitcoin into the fiat for everytime you needs?
and does it's just waste a lot of your time, it's fine for your to accept your salary into btc but you need to consider about next problem you can get from that.

Thing is, there isn't an economy built around Bitcoin yet; so i can't spend BTC to pay for my daily needs; at least not here in France.
thats true, people cannot use their bitcoins right now and i think that it might not be solved in the near future though people should still get salary in bitcoins in order to help bitcoin get bigger

You are true we should have to accept our salary in bitcoin if we will want to increase the value of bitcoin, more and more companies have to adopt bitcoin for their business and for the payment to their servants and all of us have to accept payment with bitcoin, with that bitcoin will become a global currency.
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August 03, 2016, 11:58:18 PM
 #693

You are true we should have to accept our salary in bitcoin if we will want to increase the value of bitcoin, more and more companies have to adopt bitcoin for their business and for the payment to their servants and all of us have to accept payment with bitcoin, with that bitcoin will become a global currency.

Really dude? you want to receive a salary bitcoin? because I think employees should be given the right to choose, but it is different if it is required by the country and there are laws that regulate the salaries of employees should be in the form of bitcoin. Because according to me for bitcoin is still not widely accepted by society bitcoin prices tend to be unstable. And if all the governments in the world accept bitcoin then this will guarantee security and make bitcoin price stability. But for now I do not think so, because bitcoin prices still volatile. Thank you

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Akupuniard
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August 04, 2016, 12:02:29 AM
 #694

I don't know, because i am using bitcoin for gambling only, to make purchases on physical shop i need to change my country first, but i am not ready for it.

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August 04, 2016, 01:06:03 AM
 #695

If you're holding a bitcoin debit card, then accepting your salary in bitcoin would be more beneficial than getting it in fiats as of now. Because, in my case I am converting my salary into bitcoin for my saving and for gambling spending. If I do directly get bitcoins that would save more time for me which is usually occurring with conversion.
But how you can fill up your daily needs, are you sure, you can exchange your bitcoin into the fiat for everytime you needs?
and does it's just waste a lot of your time, it's fine for your to accept your salary into btc but you need to consider about next problem you can get from that.

Thing is, there isn't an economy built around Bitcoin yet; so i can't spend BTC to pay for my daily needs; at least not here in France.
thats true, people cannot use their bitcoins right now and i think that it might not be solved in the near future though people should still get salary in bitcoins in order to help bitcoin get bigger

I think that issue will be solved sooner and we will be able to use bitcoin for our daily needs as we are seeing from now a lot of companies every day emerge with the payment system of bitcoin, and if it continued with more faster speed then you will see that everywhere bitcoin will be accepted for the businesses.

I dont think that BTC will thrive with merchants and customers with 1 hour confirmation times like what we see now.
Lol, 1 hours? i don't think so because until this time if i making any transaction the first confirmation just needed 10 minutes to get it.i don't ever feel that. maybe there is a problem still you get any hour to get any confirmation.

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August 04, 2016, 02:07:13 AM
 #696

If you're holding a bitcoin debit card, then accepting your salary in bitcoin would be more beneficial than getting it in fiats as of now. Because, in my case I am converting my salary into bitcoin for my saving and for gambling spending. If I do directly get bitcoins that would save more time for me which is usually occurring with conversion.
But how you can fill up your daily needs, are you sure, you can exchange your bitcoin into the fiat for everytime you needs?
and does it's just waste a lot of your time, it's fine for your to accept your salary into btc but you need to consider about next problem you can get from that.

Thing is, there isn't an economy built around Bitcoin yet; so i can't spend BTC to pay for my daily needs; at least not here in France.
thats true, people cannot use their bitcoins right now and i think that it might not be solved in the near future though people should still get salary in bitcoins in order to help bitcoin get bigger

I think that issue will be solved sooner and we will be able to use bitcoin for our daily needs as we are seeing from now a lot of companies every day emerge with the payment system of bitcoin, and if it continued with more faster speed then you will see that everywhere bitcoin will be accepted for the businesses.

I dont think that BTC will thrive with merchants and customers with 1 hour confirmation times like what we see now.
Lol, 1 hours? i don't think so because until this time if i making any transaction the first confirmation just needed 10 minutes to get it.i don't ever feel that. maybe there is a problem still you get any hour to get any confirmation.
Yes true the transaction not more than 10 minutes to confirm that is why i use bitcoin always to pay my bills even in online shop. I think also there is a problem in your transaction. i think in your bitcoin wallet.
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August 04, 2016, 02:44:44 AM
 #697

In Europe there is a hot new pertaining to a company whose going to introduce paying bitcoins to their employees. But given the instability of the bitcoins market value is it an advantage for the employees or an disadvantage. In my opinion this kind of payment for salary is not yet beneficial to employees not until bitcoins price has become stabled. Though if bitcoin will start to increase its monetary value it can be advantageuos but if not then it is a peril to the employees. So what do you think, what is your opinion on this matter?
If in my office paying my sallary with bitcoin, I very like, from about a year ago, I always saving 10% of my money to exchange with bitcoin,
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August 04, 2016, 03:09:00 AM
 #698

yes i can accept btc as salary but it depends on current rate..it so volatile.as long the company pay me in bitcoin and there is no issue then. I will accept this as salary.
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August 04, 2016, 04:51:56 AM
 #699

yes i can accept btc as salary but it depends on current rate..it so volatile.as long the company pay me in bitcoin and there is no issue then. I will accept this as salary.
At bitcoin's present state, it would be hard to accept it as salary, considering how volatile the price can be. Imagine receiving your salary today and the price suddenly drops by 10%. It is surely not nice to have a salary that fluctuates every so often.
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August 04, 2016, 05:56:40 AM
 #700

yes i can accept btc as salary but it depends on current rate..it so volatile.as long the company pay me in bitcoin and there is no issue then. I will accept this as salary.

Well it is risky though the price is fluctuating and that's a 50/50 chance if you are going to accept bitcoin as salary. Just like what happened yesterday if your salary is $580 then yesterday the price did fall to $550 so you lose already $30 but the good thing about it is that you are going to have a chance to get higher too if the price fluctuates higher.
Okay, it's not a problem if he wanna to receiving their salary as bitcoin form and just for holding it or investment and not using for the daily needs or he's living. it's fine.

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