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Author Topic: Will you accept bitcoin as your salary?  (Read 183482 times)
bitcoinmaster44
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August 25, 2016, 11:02:42 AM
 #1021

Hi,
Boss today told us that we can get our salary in Bitcoin. I'm very beginner in this topic. I can see that course of BTC is very shaky. Could you please tell me where i can find more information about it? Or do you no companys wich pay in bitcoins?

Thanks!

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August 25, 2016, 11:06:38 AM
 #1022

I work in state company, I doubt they will pay me in bitcoins. I think only option for me regarding this would be me to take all my salary and exchange it for bitcoins. But how will I pay my bill's, how will I buy food? Bitcoin is probably not ready for this step, how many people there is in the world with fixed monthly salary, is there enough coins for one month everyone in the world to recive salary in bitcoins?



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August 25, 2016, 12:25:40 PM
 #1023

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.

Yeah save bitcoins as eventually it will grow in future, as price is expected to be higher in future when can give us good profits and at a moment fiat can take care of our spendings.
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August 25, 2016, 12:40:00 PM
 #1024

Yes of course i would like to accept bitcoin as my salary. Bitcoin is a good one so i accept it to earn that as my investment in bitcoin. If bitcoin getting higher i got profit too. Bitcoin can you cash it too so it okay for me if my salary is bitcoin.
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August 25, 2016, 12:42:44 PM
 #1025

Yes of course i would like to accept bitcoin as my salary. Bitcoin is a good one so i accept it to earn that as my investment in bitcoin. If bitcoin getting higher i got profit too. Bitcoin can you cash it too so it okay for me if my salary is bitcoin.

What will you do if you see price going back to $100 or $200 or $300 in coming days? Will you still prefer to accept your salary in bitcoins? That is the bad decision to make, its better to have stable income in fiat.
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August 25, 2016, 03:38:35 PM
 #1026

Wow. Interesting bitcoin as salary... yes because nowadays bitcoins become larger and larger worldwide.
I would be glad if i received bicoins as a salary because as it is top international currency.
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August 25, 2016, 03:41:48 PM
 #1027

Wow. Interesting bitcoin as salary... yes because nowadays bitcoins become larger and larger worldwide.
I would be glad if i received bicoins as a salary because as it is top international currency.

Bitcoin is good as a digital currency but you cannot say that its an international currency as there are very few people who are using and aware about it, it will take long time for it to become an international currency.

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August 25, 2016, 04:12:51 PM
 #1028

yes if its fix rate why not. and i can turn bitcoin in to currency and withdraw it in bank so there are no problem with that as long as it pays well and no delays for the salary in a month

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August 25, 2016, 04:31:28 PM
 #1029

yes if its fix rate why not. and i can turn bitcoin in to currency and withdraw it in bank so there are no problem with that as long as it pays well and no delays for the salary in a month

Even if they are paying on fixed basis but your income will depend on the price of bitcoin and it will keep on fluctuating on regular basis and you will never get stable income from it.
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August 25, 2016, 04:33:10 PM
 #1030

If you want to have bitcoin as salary, you better think twice.
It is not as stable as fiat. It is not as reliable as fiat.
If you only live by yourself, maybe you could risk it.
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August 25, 2016, 05:07:00 PM
 #1031

If you want to have bitcoin as salary, you better think twice.
It is not as stable as fiat. It is not as reliable as fiat.
If you only live by yourself, maybe you could risk it.

You are very correct, bitcoin can not be used as a salary. as most people say large companies will adopt bitcoin and pay employees with bitcoin. This may be an advantage for the company when the bitcoin price rises and losses for both sides when the price falls.
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August 25, 2016, 05:13:51 PM
 #1032

If you want to have bitcoin as salary, you better think twice.
It is not as stable as fiat. It is not as reliable as fiat.
If you only live by yourself, maybe you could risk it.

You are very correct, bitcoin can not be used as a salary. as most people say large companies will adopt bitcoin and pay employees with bitcoin. This may be an advantage for the company when the bitcoin price rises and losses for both sides when the price falls.

Even if companies starts paying in bitcoin in future we also need the places to spend it directly, and if you have to convert to fiat and spend then there is no point in accepting salary in bitcoins.
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August 25, 2016, 05:18:32 PM
 #1033

yes if its fix rate why not. and i can turn bitcoin in to currency and withdraw it in bank so there are no problem with that as long as it pays well and no delays for the salary in a month

Even if they are paying on fixed basis but your income will depend on the price of bitcoin and it will keep on fluctuating on regular basis and you will never get stable income from it.

And still no difference since they just replace their salary into bitcoin. They will spend it afterwards.

It's just better if once they will receive their bitcoin salary minutes later the price fluctuates although it will happen only by chance.

And companies that will pay bitcoin as replacement of fiat still will based the computation of salary to fiat and not on bitcoin itself.
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August 25, 2016, 05:34:45 PM
 #1034

Yes, why not? At my opinion even after exchanging  my slalary into fiat after reciving will bring me more profit, cause of difference of bitcoins price.

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August 25, 2016, 05:38:34 PM
 #1035

Yes, why not? At my opinion even after exchanging  my slalary into fiat after reciving will bring me more profit, cause of difference of bitcoins price.

It will give you more profits if price is higher, what if in case price goes lower so will you be satisfied with lower income? Always get salary in fiat and save your coins for future.
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August 25, 2016, 05:40:25 PM
 #1036

Yes, why not? At my opinion even after exchanging  my slalary into fiat after reciving will bring me more profit, cause of difference of bitcoins price.
yeah i would definitely accept it either because in my opinion it would allow me to have bitcoins as an investment
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August 25, 2016, 06:51:42 PM
 #1037

i will not accept bitcoin as salary because his price is very variable
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August 25, 2016, 07:15:06 PM
 #1038

Yes, why not? At my opinion even after exchanging  my slalary into fiat after reciving will bring me more profit, cause of difference of bitcoins price.
thats true, in my opinion i would definitely accept my bitcoins as a salary to make good profit in the future

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August 25, 2016, 07:22:40 PM
 #1039

Yes, why not? At my opinion even after exchanging  my slalary into fiat after reciving will bring me more profit, cause of difference of bitcoins price.

It will give you more profits if price is higher, what if in case price goes lower so will you be satisfied with lower income? Always get salary in fiat and save your coins for future.
I think a company you are looking for that can pay bitcoin as salary will not accept to pay the exact amount if the price of bitcoin is increase high so i think it still ok to accept bitcoin as salary because they will always relay in the present price of bitcoin.. If you dont want your salary is bitcoin.. why not to tell them. we are not all the same but bitcoins for me have a lots of benefits..

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August 25, 2016, 07:29:09 PM
 #1040

Yes, why not? At my opinion even after exchanging  my slalary into fiat after reciving will bring me more profit, cause of difference of bitcoins price.

It will give you more profits if price is higher, what if in case price goes lower so will you be satisfied with lower income? Always get salary in fiat and save your coins for future.
I think a company you are looking for that can pay bitcoin as salary will not accept to pay the exact amount if the price of bitcoin is increase high so i think it still ok to accept bitcoin as salary because they will always relay in the present price of bitcoin.. If you dont want your salary is bitcoin.. why not to tell them. we are not all the same but bitcoins for me have a lots of benefits..

Wouldn't a company need to pay more to you if they were to pay you in a bitcoin?
I was just thinking this because what amount would they be claiming on taxes for you income when they file at the end of the year?
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