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Author Topic: Will you accept bitcoin as your salary?  (Read 183479 times)
Ewinsane
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August 05, 2016, 04:04:55 PM
 #741

For me i do not like to received my salary in terms of bitcoin i do not like the fluctuation of its price but if my company will used bitcoin to be our salary i want to received equal on how much is my salary now.
actually salary will affect you after receiving your salary because the company will going to buy bitcoin equal amount with your salary and then send it to you immediately,it means you're receiving an equal amount as your salary

Of course, you will be receiving bitcoins that equals to you current salary and whats good about this is that, you may get  a much  higher amount on your salary because you salary will not be deducted by tax. But the risk of it is, as many people says the price flactuates so you will to the point that your salary price will also smaller if you are not going to withdraw this directly. But this thing will just merely happens if you do withdraw it right away

haha you're right no tax in bitcoin haha. Tax is my biggest problem when it comes to salary but in bitcoin the price of it is keep flactuating so it is so risky but you can withdraw it instantly so that you have much of that

Tax is killing us, in my country alone i have to give 12% of my salary which is really a painful one. Yes you are right flactuation would not really affect you that much if just withdraw your salary right away

Yes tax is really a great pain in the pocket, this is also the main reason why do i wanted to try to accept bitcoin as a way of payment or as  my salary because it is absolutely tax free.
i do not that they apply heavy tax on bitcoin if we accept bitcoin as salary.
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August 05, 2016, 04:07:03 PM
 #742

For me i do not like to received my salary in terms of bitcoin i do not like the fluctuation of its price but if my company will used bitcoin to be our salary i want to received equal on how much is my salary now.
actually salary will affect you after receiving your salary because the company will going to buy bitcoin equal amount with your salary and then send it to you immediately,it means you're receiving an equal amount as your salary

Of course, you will be receiving bitcoins that equals to you current salary and whats good about this is that, you may get  a much  higher amount on your salary because you salary will not be deducted by tax. But the risk of it is, as many people says the price flactuates so you will to the point that your salary price will also smaller if you are not going to withdraw this directly. But this thing will just merely happens if you do withdraw it right away

haha you're right no tax in bitcoin haha. Tax is my biggest problem when it comes to salary but in bitcoin the price of it is keep flactuating so it is so risky but you can withdraw it instantly so that you have much of that

Tax is killing us, in my country alone i have to give 12% of my salary which is really a painful one. Yes you are right flactuation would not really affect you that much if just withdraw your salary right away

Yes tax is really a great pain in the pocket, this is also the main reason why do i wanted to try to accept bitcoin as a way of payment or as  my salary because it is absolutely tax free.
i do not that they apply heavy tax on bitcoin if we accept bitcoin as salary.
Why you are worrying about the tax in bitcoin there is no tax in bitcoin only miners fee you should pay..
For me if i had a work that can pay bitcoin i will accept it because for me its favorable for me..
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August 05, 2016, 04:10:39 PM
 #743

I believe in bitcoin, but until it gets to be stable, it just isn't useful to get paid in it.  I would probably take some of my paycheck in bitcoin just like some of my current paycheck goes into my retirement plan.  But definitely not all of it.

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August 05, 2016, 08:12:28 PM
 #744

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?
well i dont think i would nt accept bitcoin as salary ..because its market value changes all thhe time .and ur company pays u bitcoin acc to today s market value but then tomorrow its value decreased ..then i dont think its useful at al and i would nt trust it too ..kudoos Smiley
i do not think that bitcoin decrease its price because bitcoin is getting popularity and its very powerful and stronger currency than other crypto currency  it mean you should strongly believe in bitcoin .
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August 05, 2016, 08:18:16 PM
 #745

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

Yeah me either I don't want it, it is better that I'm going to accept my salary as a cash card or cash because that is going to be better when converted to your local currency. Unlike with bitcoin you are going to feel sorry about it if you are going to to choose to receive it with by the use of bitcoin.
I think price fluctuations should not tease you much because if 1 month your salary got reduced then the next month it might get doubled also. Though for people who are earning just enough to make their living might suffer.
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August 06, 2016, 04:31:16 AM
 #746

EZ. We dont have so many optins. i take bitcoin. Easier to use than Western Union.
I think we have much choice in the matter. To accept or not if your salary is paid in the form of bitcoin. Because I think there is no company that requires its employees to receive a salary in the form of bitcoin. Even if there is it will lead to protests for this time. Because we will be a little difficult to use. And I think it has nothing to do with WU. IMO

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August 06, 2016, 05:05:18 AM
 #747

EZ. We dont have so many optins. i take bitcoin. Easier to use than Western Union.
Lol I think we do not discuss to ease compared with Western union. because you still have the option to earn a salary of fiat? the choice is is it you chose to get a salary of bitcoin or of fiat? to ease spending problem. of course people would prefer to receive a salary with fiat right ?
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August 06, 2016, 06:37:39 AM
 #748

sure i will accept btc as my salary quite well...because it also a cash too..that can be used on anything
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August 06, 2016, 06:42:22 AM
 #749

I'm serious. Do you have a point of sale... PoS... Version I can bring to market. I'm eager to be paid in btc... Or even ETCetra...
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August 06, 2016, 06:53:02 AM
 #750

I'm serious. Do you have a point of sale... PoS... Version I can bring to market. I'm eager to be paid in btc... Or even ETCetra...
Eh, I don't know if you'd want to be paid in ETC. I would honestly rather be paid in basically anything else that's stable, which isn't really ETH or ETC. Bitcoin might be a bit less stable overall, but it changes less percentage wise than the other ETX cryptos. In my opinion anyways.

Maybe it would be a good idea, but I couldn't be bothered to see for right now.
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August 06, 2016, 07:44:16 AM
 #751

EZ. We dont have so many optins. i take bitcoin. Easier to use than Western Union.
Lol I think we do not discuss to ease compared with Western union. because you still have the option to earn a salary of fiat? the choice is is it you chose to get a salary of bitcoin or of fiat? to ease spending problem. of course people would prefer to receive a salary with fiat right ?
But regarding to the topic it is really risky to accept your salary as bitcoin for sure.
It's correct caused by the appearing of big cases in the big exchange site and make the value of bitcoin in this time is unstable and more prefer to reject bitcoin as salary and the chance of risk is increase too.

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August 06, 2016, 08:08:29 AM
 #752

EZ. We dont have so many optins. i take bitcoin. Easier to use than Western Union.
Lol I think we do not discuss to ease compared with Western union. because you still have the option to earn a salary of fiat? the choice is is it you chose to get a salary of bitcoin or of fiat? to ease spending problem. of course people would prefer to receive a salary with fiat right ?
But regarding to the topic it is really risky to accept your salary as bitcoin for sure.
It's correct caused by the appearing of big cases in the big exchange site and make the value of bitcoin in this time is unstable and more prefer to reject bitcoin as salary and the chance of risk is increase too.

Plus your salary will be used for your necessities so you will be using it also after you got your salary and the risk that it might go down is high. Your groceries will be lessen also due to its fall. I would rather take the cash.

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August 06, 2016, 08:11:16 AM
 #753

sure i will accept btc as my salary quite well...because it also a cash too..that can be used on anything


There are some stores in which bitcoin is used as a direct payment and in many countries bitcoin is not used as direct payment method yet. Is bitcoin is accepted in your country? If yes then you can collect your salary in bitcoin.
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August 06, 2016, 10:08:51 AM
 #754

EZ. We dont have so many optins. i take bitcoin. Easier to use than Western Union.
Lol I think we do not discuss to ease compared with Western union. because you still have the option to earn a salary of fiat? the choice is is it you chose to get a salary of bitcoin or of fiat? to ease spending problem. of course people would prefer to receive a salary with fiat right ?
But regarding to the topic it is really risky to accept your salary as bitcoin for sure.
It's correct caused by the appearing of big cases in the big exchange site and make the value of bitcoin in this time is unstable and more prefer to reject bitcoin as salary and the chance of risk is increase too.

Plus your salary will be used for your necessities so you will be using it also after you got your salary and the risk that it might go down is high. Your groceries will be lessen also due to its fall. I would rather take the cash.

Bitcoin is still unstable for now like last week its value is $650+ and now its $550+ so better be safe than sorry. I will not accept bitcoin salary yet because of its big fluctuations and what if I already have a budget for my salary and the price suddenly change so I will adjust again my budget and there's a possibility that it will not cover all my expenses because of the price drop.

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August 06, 2016, 10:27:17 AM
 #755

EZ. We dont have so many optins. i take bitcoin. Easier to use than Western Union.
Lol I think we do not discuss to ease compared with Western union. because you still have the option to earn a salary of fiat? the choice is is it you chose to get a salary of bitcoin or of fiat? to ease spending problem. of course people would prefer to receive a salary with fiat right ?

This guy is i think referring to his salary as well and it was on the way of western union payment so he decided that he can maybe try to accept bitcoin as a way of payment compared to western because it is more faster
richkellj
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August 07, 2016, 06:24:45 AM
 #756

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

That's the downside if we would receive bitcoin as salary... Price moves drastic..Unless, if what you eat, what you pay are all priced in bitcoin..That way, you are not affected even if price moves like a saw in one hour... But since the commodities and everything that we buy was priced in local currency, then we still have a problem if our salary is in bitcoin...
Yes and like my salary is 350$ in USD equivalent and if I will get in bitcoins and the price is reduced then I will badly be affected.
I am somehow managing to survive and can not gamble with my salary like that. Like many people here getting some portion of my salary in bitcoin would be great help from my employer. But these things are not viable even in one year of time too.
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August 07, 2016, 07:29:06 AM
 #757

sure i will accept btc as my salary quite well...because it also a cash too..that can be used on anything
yeah after you receive a salary in bitcoin you could do anything? shopping, or indirectly convert to fiat? the problem is not the cash or not? but bitcoin exchange rate is very volatile which might make you lose when you save bitcoin? so I think you should consider it dude
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August 07, 2016, 07:45:26 AM
 #758

sure i will accept btc as my salary quite well...because it also a cash too..that can be used on anything
yeah after you receive a salary in bitcoin you could do anything? shopping, or indirectly convert to fiat? the problem is not the cash or not? but bitcoin exchange rate is very volatile which might make you lose when you save bitcoin? so I think you should consider it dude

i would like to have the opportunity to get it in BTC but right now i would prefer fiat, since i want to have both BTC and fiat (to pay rent etc).
so i have to use exchanges anyway, and as i have to pay bills on time i prefer fiat. with that i can exchange to BTC when i want. When the price is good.
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August 07, 2016, 07:50:40 AM
 #759

Why not?thats good for me
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August 07, 2016, 02:44:46 PM
 #760

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.
I too would love it if my company pay my salary with bitcoin because it’s quite convenient and fast to transfer as well as to use. Moreover, I can even increase my salary by doing nothing because the price of bitcoin is fluctuating and the trend of it keeps going up.
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