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Author Topic: Will you accept bitcoin as your salary?  (Read 183483 times)
mirakal
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September 02, 2016, 07:41:29 AM
 #1161

I think it is not the best decision at the time. The main reason is that bitcoin is a highly volatile currency, so I could not take the risk of having it as my salary, because the price may change every time that I get it, and manage it will be really difficult.

That is true. You can accept a portion of your salary in Bitcoin.
That way, you will still be able to cover your daily expenses even if Bitcoin crashes.
But you will benefit from gains in the currency.
Good for us but for the others they think of their salary so much because they need the whole amount to feed their family, life is really hard when you are just a mere worker, you will receive a low salary but your needs keep rising. Only those you receive big income will allow that to happen to them.

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September 02, 2016, 08:02:23 AM
 #1162

yes i will like to aceept my salary in bitcoin, it will a good need experience for me. but i think it is not possible in my country because here bitcoin is not accepted any where so how can i expect from my department that they will pay me in bitcoin.
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September 02, 2016, 09:05:42 AM
 #1163

NO and never. because salary is a very very very important thing in my life and I don't want to experiment with it. Also bitcoin is not accepted by the local traders, so anyways, I will have to transfer it to fiat money to be able to spend it. SO exchange rate will be applied on my salary.

Also the bitcoin price is dynamic, I will be in losses, if the bitcoin price goes down after I receive my salary. So salary in bitcoin is a big NO NO!

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September 02, 2016, 12:01:17 PM
 #1164

I think it is not the best decision at the time. The main reason is that bitcoin is a highly volatile currency, so I could not take the risk of having it as my salary, because the price may change every time that I get it, and manage it will be really difficult.

That is true. You can accept a portion of your salary in Bitcoin.
That way, you will still be able to cover your daily expenses even if Bitcoin crashes.
But you will benefit from gains in the currency.
Good for us but for the others they think of their salary so much because they need the whole amount to feed their family, life is really hard when you are just a mere worker, you will receive a low salary but your needs keep rising. Only those you receive big income will allow that to happen to them.

For sure most of the  workers who have only an enough amount of salary  on their needs would  surely choose fiat  rather than bitcoin since they like   to recieve fix income rather than  on bitcoin  which is volatile they would not  to take risk because  they might  recieve more or less money and it depends on bitcoin price.

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September 02, 2016, 12:24:35 PM
 #1165

Good question! difficult one though... I wouldn't accept my FULL paycheck as bitcoin but I'd accept about 10 or 20% put into my bitcoin wallet, just to be safe you know. I'm investing that amount already so It would make life easier for me haha

Why don't you accept 100% of your salary in bitcoins and later on exchange them to your home currency if you want or just hold them for some time and exchange them when the price grows a little higher.
then what's the point of having salary in a form of bitcoin by the way if at the end you will just exchanging it back to your default or local currency
it'll sure wasting an effort and took time,and if you say to exchange them when price grows,just keep in mind that there's also exist price falling on bitcoin price

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September 02, 2016, 12:37:34 PM
 #1166

Good question! difficult one though... I wouldn't accept my FULL paycheck as bitcoin but I'd accept about 10 or 20% put into my bitcoin wallet, just to be safe you know. I'm investing that amount already so It would make life easier for me haha

Why don't you accept 100% of your salary in bitcoins and later on exchange them to your home currency if you want or just hold them for some time and exchange them when the price grows a little higher.
then what's the point of having salary in a form of bitcoin by the way if at the end you will just exchanging it back to your default or local currency
it'll sure wasting an effort and took time,and if you say to exchange them when price grows,just keep in mind that there's also exist price falling on bitcoin price
Thats the main problem, even get paid with bitcoin the bills need to be paid in fiat, soo exchange and a fee will be taken on this step, better get fiat salary and if wanna save some buy bitcoins.
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September 02, 2016, 12:43:44 PM
 #1167

Sure, why not. it still same price, bitcoin may be will be easy. there not an account need, transaction fast and low fee (tax). And accepet for everywhere, i can pay my bill and shoping with bitcoins.
i would also accept bitcoin if the price wasnt fluctuating that much in such small amounts of time, right now i think it is way too risky so i couldnt do that
This is a great idea because if you are going to accept your salary in bitcoin , bitcoin can do many activities you can do investing , trading , gambling activities where you can also double your salary if you have skills on gambling but don't try it i prefer for trading it is the best way to grow bitcoin slowly Smiley
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September 02, 2016, 12:45:55 PM
 #1168

Good question! difficult one though... I wouldn't accept my FULL paycheck as bitcoin but I'd accept about 10 or 20% put into my bitcoin wallet, just to be safe you know. I'm investing that amount already so It would make life easier for me haha

Why don't you accept 100% of your salary in bitcoins and later on exchange them to your home currency if you want or just hold them for some time and exchange them when the price grows a little higher.
then what's the point of having salary in a form of bitcoin by the way if at the end you will just exchanging it back to your default or local currency
it'll sure wasting an effort and took time,and if you say to exchange them when price grows,just keep in mind that there's also exist price falling on bitcoin price
Thats the main problem, even get paid with bitcoin the bills need to be paid in fiat, soo exchange and a fee will be taken on this step, better get fiat salary and if wanna save some buy bitcoins.

Yes its always good to accept salary in fiat and keep on earning bitcoin as an extra income, and there is no use of getting salary in bitcoins as we cannot spend it directly anywhere.
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September 02, 2016, 12:53:58 PM
 #1169

Good question! difficult one though... I wouldn't accept my FULL paycheck as bitcoin but I'd accept about 10 or 20% put into my bitcoin wallet, just to be safe you know. I'm investing that amount already so It would make life easier for me haha

Why don't you accept 100% of your salary in bitcoins and later on exchange them to your home currency if you want or just hold them for some time and exchange them when the price grows a little higher.
then what's the point of having salary in a form of bitcoin by the way if at the end you will just exchanging it back to your default or local currency
it'll sure wasting an effort and took time,and if you say to exchange them when price grows,just keep in mind that there's also exist price falling on bitcoin price
Thats the main problem, even get paid with bitcoin the bills need to be paid in fiat, soo exchange and a fee will be taken on this step, better get fiat salary and if wanna save some buy bitcoins.

Yes its always good to accept salary in fiat and keep on earning bitcoin as an extra income, and there is no use of getting salary in bitcoins as we cannot spend it directly anywhere.

Definitely yes, since we are use to receiving our salary with fiat currency and it is easy to use.  It is the norm but if ever that we are offered to receive bitcoins as salary we could ask our employer to have some extra for it as withdrawing it would cause a fee.  The fact that it is hard to find stores that would actually receive bitcoin as payment.
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September 02, 2016, 01:02:50 PM
 #1170

Yes I'll do so if it ever came to that, I think bitcoin would also be sufficintly accepted by the community for a move like that to come, so you could probably buy most things directly for BTC at that time, I look forward to the day when they send you the txid as proof of payment!  Grin
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September 02, 2016, 01:05:22 PM
 #1171

Yes I'll do so if it ever came to that, I think bitcoin would also be sufficintly accepted by the community for a move like that to come, so you could probably buy most things directly for BTC at that time, I look forward to the day when they send you the txid as proof of payment!  Grin

It's pretty fun, but it can also be an evil to us. For if the hacker is definitely growing bitcoin will always perform the action in order to get the free quantities bitcoin is quite high. Indeed if bitcoin already accepted by all of us, all the things we want to do with bitcoin will definitely be done. Just waiting for the time
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September 03, 2016, 05:29:31 AM
 #1172

I could consider to accept part of it in BTC. If more people start doing this, the better for the price and for the liquidity, and the lower may be the volatility in the future.
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September 03, 2016, 05:32:46 AM
 #1173

Of course, especially if i do some part-time job in forum, I will ask them to pay my salary by bitcoin, which is faster and easier than bank transfer.
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September 03, 2016, 06:59:30 AM
 #1174

Even if I will like to receive my salary in bitcoin right now is not very convenient to me since there is not a lot of places in which I can spend the bitcoin instead of Fiat.
For now but you can be still exchange bitcoin in to fiat instantly.. just like here in my country we can exchange bitcoin instantly so there is no worry to receive bitcoin as salary.. unlike other countries i think there still not have a good site are giving good benefits that you can withdraw your bitcoin instantly to your banks..

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September 03, 2016, 07:05:02 AM
 #1175

yes i will accept my salary in bitcoin because bitcoin is very useful in everywhere corner of the wold and we can buy any product through bitcoin with easily and with fastest transaction .
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September 03, 2016, 08:01:02 AM
 #1176

yes i will accept my salary in bitcoin because bitcoin is very useful in everywhere corner of the wold and we can buy any product through bitcoin with easily and with fastest transaction .
Well, that would help a lot when you spend regularly online, but I doubts others would follow that kind of mentality of yours, I think they are more concern on the value of their money rather than the opportunity to transact online, there problem is the price fluctuation which makes the value of their salary also fluctuate.

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BitcoinPanther
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September 03, 2016, 08:39:49 AM
 #1177

yes i will accept my salary in bitcoin because bitcoin is very useful in everywhere corner of the wold and we can buy any product through bitcoin with easily and with fastest transaction .

Are you sure? I haven't experienced that.. When I have to purchase something I need to convert my bitcoin to cash and only few items are priced with bitcoin and mostly are digital goods...  You are lucky if you could maximize the use of your bitcoin...  Smiley

I am also accepting bitcoin as payment for my work.  Though I think we have the same faith having to convert bitcoin to buy stuff like food, gadgets and other things that is in the store around my area.
Shibashi Dogemoto
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September 03, 2016, 12:38:02 PM
 #1178

yes i will accept my salary in bitcoin because bitcoin is very useful in everywhere corner of the wold and we can buy any product through bitcoin with easily and with fastest transaction .

Are you sure? I haven't experienced that.. When I have to purchase something I need to convert my bitcoin to cash and only few items are priced with bitcoin and mostly are digital goods...  You are lucky if you could maximize the use of your bitcoin...  Smiley

I don't what he is saying is true, as everyone is complaining that they cannot use bitcoins directly and I don't think that there are many countries where bitcoin is accepted so easily.
Labumi
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September 03, 2016, 12:43:58 PM
 #1179

yes i will accept my salary in bitcoin because bitcoin is very useful in everywhere corner of the wold and we can buy any product through bitcoin with easily and with fastest transaction .

Are you sure? I haven't experienced that.. When I have to purchase something I need to convert my bitcoin to cash and only few items are priced with bitcoin and mostly are digital goods...  You are lucky if you could maximize the use of your bitcoin...  Smiley

I don't what he is saying is true, as everyone is complaining that they cannot use bitcoins directly and I don't think that there are many countries where bitcoin is accepted so easily.

It is indeed true and that is very disappointing. But it also doesn't have a bad impact on our lives, because we can still Exchange bitcoin into fiat. For now I prefer to invest in the bitcoin: for this I guess more profitable
JessicaSe
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September 03, 2016, 12:46:34 PM
 #1180

yes i will accept my salary in bitcoin because bitcoin is very useful in everywhere corner of the wold and we can buy any product through bitcoin with easily and with fastest transaction .

Are you sure? I haven't experienced that.. When I have to purchase something I need to convert my bitcoin to cash and only few items are priced with bitcoin and mostly are digital goods...  You are lucky if you could maximize the use of your bitcoin...  Smiley

I don't what he is saying is true, as everyone is complaining that they cannot use bitcoins directly and I don't think that there are many countries where bitcoin is accepted so easily.

It is indeed true and that is very disappointing. But it also doesn't have a bad impact on our lives, because we can still Exchange bitcoin into fiat. For now I prefer to invest in the bitcoin: for this I guess more profitable

But if you accept your salary in bitcoin and if you are going to convert it to fiat then that doesn't make any sense to accept salary in bitcoins, and its not possible to use bitcoins anywhere at a moment.
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