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Author Topic: Will you accept bitcoin as your salary?  (Read 183516 times)
purebitco
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August 23, 2016, 05:21:07 PM
 #1001

accepting bitcoin for my salary is way too much risky i can not take that much risk just for a little profit but if i go for trading with bitcoin the it can be much profitable than this

What about if you could get a small part of your salary in Bitcoin?
There is a company called PEY in Hannover Germany who offers such service.
And I know a few guys who are using it to receive a small part of their monthly income in BTC.

I think it's a good idea to use a portion of your salary to be transferred in bitcoin? perhaps 10% -30% of your salary can be converted directly into bitcoin uses a third party. but I think it is a third party provides a large fee for their services?

of course that is a really great thing to do, it might allow you to make some great money really easily for just holding your bitcoins

 
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August 23, 2016, 05:41:06 PM
 #1002

There are people that uses all salary to keep the house, soo converting any ammount into bitcoin would just make them search where to exchange the bitcoins to fiat to they purchase and pay the bills. I consider bitcoin a risk attemp to get paid my salary, especially because its never fixed, some months is 1000 other is 1200, sure if i could save the bitcoins i would be happy with the result.
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August 24, 2016, 02:28:46 PM
 #1003

I'll take any form of payment as my salary as long as its easily convertible into cash.
I'll take precious metals, cryptos, precious gems, cars, art anything of value really that's easy to turn around and sell.
I also think the same as you. bitcoin is currently very easy to be converted to fiat? there are many sites that will facilitate your exchange to convert it to a fiat even many emerging local exchange site so you will be easier to convert to your currency? I'm ready to receive a salary with bitcoin
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August 24, 2016, 02:35:31 PM
 #1004

There are people that uses all salary to keep the house, soo converting any ammount into bitcoin would just make them search where to exchange the bitcoins to fiat to they purchase and pay the bills. I consider bitcoin a risk attemp to get paid my salary, especially because its never fixed, some months is 1000 other is 1200, sure if i could save the bitcoins i would be happy with the result.

That's true, that's a little inconvenient to receive our salary in bitcoin and just converting it back to fiat coz there are things that are not payable with bitcoin, just like your example and I also think that if you are going to use your salary to build your house and you have to hire a carpenter or few helpers, I think they won't accept bitcoin as payment for their labor.

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August 24, 2016, 02:48:01 PM
 #1005

There is no problem receiving monthly salary in btc IMO and for my use. The employer's should be flexible enough to control the constant fluctuation though. Also that won't happen unless BTC goes mainstream so there wouldn't even be a need for exchanges.

Bitcoin being in the mainstream is still too far in the future. But I hope it happens in our lifetime so we can have a choice in what currency we want to use. We can start ignoring fiat if that happens and we will be free from never ending inflation of fiat.
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August 24, 2016, 03:26:51 PM
 #1006

There is no problem receiving monthly salary in btc IMO and for my use. The employer's should be flexible enough to control the constant fluctuation though. Also that won't happen unless BTC goes mainstream so there wouldn't even be a need for exchanges.

Bitcoin being in the mainstream is still too far in the future. But I hope it happens in our lifetime so we can have a choice in what currency we want to use. We can start ignoring fiat if that happens and we will be free from never ending inflation of fiat.

Not everyone will prefer to use bitcoins in future as there will be many people who will prefer to use paper money as they find it more comfortable to use.
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August 24, 2016, 03:30:16 PM
 #1007

I think it would be great to choose a certain percentage of my normal salary to be payed out in bitcoin.
Let's say about 10%. I would consider it as an investment.
And  if I really would like to use some of it for payments, I would not have to bother in when and how to buy them, I just had fresh coins some every month.
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August 24, 2016, 03:30:40 PM
 #1008

There is no problem receiving monthly salary in btc IMO and for my use. The employer's should be flexible enough to control the constant fluctuation though. Also that won't happen unless BTC goes mainstream so there wouldn't even be a need for exchanges.

Bitcoin being in the mainstream is still too far in the future. But I hope it happens in our lifetime so we can have a choice in what currency we want to use. We can start ignoring fiat if that happens and we will be free from never ending inflation of fiat.

Not everyone will prefer to use bitcoins in future as there will be many people who will prefer to use paper money as they find it more comfortable to use.

I think it is not true, because I saw that the future of each life is concerned and will be done with the graphs. so everyone will be using bitcoin for their problems in conducting transactions and issues to benefit a very good thing to do
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August 24, 2016, 08:53:44 PM
 #1009

I will accept bitcoin as 20% of my salary.

I will hold or save the 10% for the long term and use the 10% to help the circulation.
i would most probably do that either because the long term investment of such size would definitely allow me to earn some decent profit

 
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August 25, 2016, 03:05:57 AM
 #1010

Bitcoin as my salary? Interesting question and for me i accept bitcoin as my salary because any form of payment will turn into cash and cash will turn to salary. But we all know that the value of it is not stable and if the value would increase and become stable of course it would a great help to us.
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August 25, 2016, 03:41:01 AM
 #1011

I will accept bitcoin as 20% of my salary.

I will hold or save the 10% for the long term and use the 10% to help the circulation.
i would most probably do that either because the long term investment of such size would definitely allow me to earn some decent profit

this is good as long as you don't need all your salary to pay for your life expenses, because for some people their salary is all gone be fore the end of the month so they are left with nothing to put in an investment and hold it as bitcoin.

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August 25, 2016, 03:42:32 AM
 #1012

There is no problem receiving monthly salary in btc IMO and for my use. The employer's should be flexible enough to control the constant fluctuation though. Also that won't happen unless BTC goes mainstream so there wouldn't even be a need for exchanges.

Bitcoin being in the mainstream is still too far in the future. But I hope it happens in our lifetime so we can have a choice in what currency we want to use. We can start ignoring fiat if that happens and we will be free from never ending inflation of fiat.

Not everyone will prefer to use bitcoins in future as there will be many people who will prefer to use paper money as they find it more comfortable to use.
Become assist currency bitcoin is working for smoothly but, i agree with you because the human is feeling convenient for using fiat from a long time ago and there are a people is ever trying for using bitcoin and they're not feeling convenient and back to their old currency.

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August 25, 2016, 03:49:32 AM
 #1013

Total earning of mine won't be accepted in terms of bitcoin. Usually a small part of my monthly earning is spend upon buying bitcoin, so a small percentage can be accepted in terms of bitcoin. Also such acceptance won't much affect the financial management even when the price increases or decreases.

I have pretty much same thoughts on it. when you need to convert again your bitcoin to fiat to spend them for your life's needs, then there is no sense to accept 100% salary in bitcoin and again convert them into fiat for use.
you can accept a small part of your salary i bitcoin because you want to save that.. it would be nice when everything work with bitcoin. every important needs of life would be available to buy with bitcoin. then peoples may consider to accept bitcoin as their salary.
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August 25, 2016, 04:03:50 AM
 #1014

I really like Bitcoin but unstable prices, salary need to stabilize, I think so
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August 25, 2016, 06:00:32 AM
 #1015

I think accepting bitcoin in terms of salary is not recommended because instead we received whole salary our salary would be deducted if we exchange bitcoin into fiat and also company would be charge in fiat exchanged it to bitcoin.
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August 25, 2016, 06:05:00 AM
 #1016

I think bitcoin can be used as salary when it comes to freelance , bitcoin prices are very volatile, so it 's not a fixed salary for each I think that we need to consider
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August 25, 2016, 10:37:35 AM
 #1017

I will accept bitcoin as 20% of my salary.

I will hold or save the 10% for the long term and use the 10% to help the circulation.
i would most probably do that either because the long term investment of such size would definitely allow me to earn some decent profit

this is good as long as you don't need all your salary to pay for your life expenses, because for some people their salary is all gone be fore the end of the month so they are left with nothing to put in an investment and hold it as bitcoin.

Which usually happens on most people here, they got no more money left  in the end of the month because of expenses on  everyday living and they would not  like to recieve bitcoin  since its price is not stable thinking that theyre salary  would  be lesser also if the price  of bitcoin goes down it would really affect too which  is not really  not good especially  we rely the most on our salary.

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August 25, 2016, 10:45:26 AM
 #1018

I will accept bitcoin as 20% of my salary.

I will hold or save the 10% for the long term and use the 10% to help the circulation.
i would most probably do that either because the long term investment of such size would definitely allow me to earn some decent profit

this is good as long as you don't need all your salary to pay for your life expenses, because for some people their salary is all gone be fore the end of the month so they are left with nothing to put in an investment and hold it as bitcoin.

Which usually happens on most people here, they got no more money left  in the end of the month because of expenses on  everyday living and they would not  like to recieve bitcoin  since its price is not stable thinking that theyre salary  would  be lesser also if the price  of bitcoin goes down it would really affect too which  is not really  not good especially  we rely the most on our salary.

Yup our income will depend on the price of bitcoin if price goes higher then higher income and vice versa which is not a good thing as if price falls extremely then it will be difficult to manage expenses.
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August 25, 2016, 10:53:08 AM
 #1019

Total earning of mine won't be accepted in terms of bitcoin. Usually a small part of my monthly earning is spend upon buying bitcoin, so a small percentage can be accepted in terms of bitcoin. Also such acceptance won't much affect the financial management even when the price increases or decreases.

I have pretty much same thoughts on it. when you need to convert again your bitcoin to fiat to spend them for your life's needs, then there is no sense to accept 100% salary in bitcoin and again convert them into fiat for use.
you can accept a small part of your salary i bitcoin because you want to save that.. it would be nice when everything work with bitcoin. every important needs of life would be available to buy with bitcoin. then peoples may consider to accept bitcoin as their salary.

Yes what is the point of having bitcoin as a salary if eventually you will just spend it due to regular spendings like foods, payments, monthly bills etc. Totally no difference at any side.

Work for bitcoin then gained bitcoin. Work in real life job and gained fiat. Used that fiat as your regular spendings and just let your bitcoin earnings saved on the wallet waiting for them to increase in value.
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August 25, 2016, 10:58:35 AM
 #1020

It's an interesting idea, but in practice it may be difficult to implement nowadays,
however there is potential to occur more often in the future.
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