Leonard2016
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August 14, 2016, 04:35:04 PM |
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i think it is harder to convince employers to accept bitcoin. as my personal experience it is always so much easier to convince individuals to use bitcoin, and they can understand and accpet bitcoin a lot easier than a merchant who is only thinking in case of money.
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Omegasun
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August 14, 2016, 04:39:44 PM |
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Is it easier to convince an Employer to pay you in Bitcoin or is it easier to convince your local Store (where you buy your Food) to accept Bitcoin? Did you already tried to do that? And if so how did you do it and with what results?
I think both are hard to convince. But more likely a local store would be easier if you have the tools and gadget needed for the setup. They will think that it would be an opportunity to get a new set of client and that is the bitcoin user. If explained well, they might setup a range of item for this kind of client. Who knows, a miner would be in sale in the store near you if you are succesful in convincing them I think it is both hard especiall if they are both not bitcoin well oriented.. you will know my point just like saying to your grandma that you want some btc as christmas gift instead of cash. Hahahha. But if the employer and store owner are oriented in btc, i think the employee is a little bit hard task because they need to comvert the fiat into btc then send to your account. It is hassle for them.
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avikz
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August 14, 2016, 05:07:15 PM |
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neither of them! local store owners are small businessman. Their business run on hard cash where no exchanger fees are applicable. Whenever a small business man accepts bitcoin, they will have to again pay fees to the exchanger to exchange that particular bitcoin in to fiat.
However, big corporate are easier to convince. But they run on numbers. so the dynamic price of bitcoin is not always good for their business. They will have to have a contingency plan in case the price depreciates. It is always better and easier for them to accept and spend in fiat.
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bostiog1
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August 14, 2016, 05:11:02 PM |
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neither of them! local store owners are small businessman. Their business run on hard cash where no exchanger fees are applicable. Whenever a small business man accepts bitcoin, they will have to again pay fees to the exchanger to exchange that particular bitcoin in to fiat.
However, big corporate are easier to convince. But they run on numbers. so the dynamic price of bitcoin is not always good for their business. They will have to have a contingency plan in case the price depreciates. It is always better and easier for them to accept and spend in fiat.
Very good said. Local stores will not accept Bitcoin because it is not profitable for them
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Senor.Bla (OP)
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August 14, 2016, 05:23:02 PM |
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neither of them! local store owners are small businessman. Their business run on hard cash where no exchanger fees are applicable. Whenever a small business man accepts bitcoin, they will have to again pay fees to the exchanger to exchange that particular bitcoin in to fiat.
such a store would only accept cash. but many also take credit cards. why not bitcoin However, big corporate are easier to convince. But they run on numbers. so the dynamic price of bitcoin is not always good for their business. They will have to have a contingency plan in case the price depreciates. It is always better and easier for them to accept and spend in fiat.
big cooperations might be harder since you might have to convince more than one person. i do not think it will always be easier and better to accept fiat, but right now their focus is on fiat. this could change.
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Kprawn
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August 14, 2016, 06:36:02 PM |
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I would say, convincing a merchant to accept Bitcoin is easier... not all employers wants to switch payroll systems or wants to deal with a currency that are not defined as a currency according to all governments. The tax implications is also something they need to deal with... The employers have to report salary payments to the tax authorities and Bitcoin payment might make this too complex. Once Bitcoin is clearly defined as a currecy, things will be easier... until then payment processors that deals with Bitcoin/Fiat conversion needs to be used.
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richardsNY
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August 14, 2016, 06:41:15 PM |
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Convincing employers to pay their workers in Bitcoin is probably the most difficult thing. Especially because not everyone is interested in Bitcoin. Then you have the workers that will complain as they are promised to get paid $500 worth of Bitcoin, but due to the price going down he just ended up with around $430 worth of Bitcoin. Too much headache and extra work for employers. Convincing merchants to accept Bitcoin is much easier as the merchant in question doesn't need to do much. People pay in Bitcoin, and they receive fiat. And it doesn't cost them a penny if this payment option doesn't get used. It's all about the potential extra revenue. That's what will interest merchants.
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Hazir
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August 14, 2016, 06:52:35 PM |
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Every case is different we can't generalize here at all. Some employers would gladly listen to you and try research what bitcoin is all about bitcoin, some others won't. In some cases even if employer would like to pay you, there will be legal issues effectively blocking this possibility.
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angaper
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August 14, 2016, 08:35:46 PM |
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Of course it is easier to convince stores because it could represent a good opportunity for them to increase their clients, but actually I can't see a special advantage of employers to pay with bitcoins because it might be more disadvantageous then advantageous for them because most employees would reject this digital currency and it might also generate some financial issues at the moment of paying taxes.
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yayayo
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August 14, 2016, 10:13:42 PM |
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I'm pretty sure that it is far easier to convince a local store to accept BTC than an employer to pay wages in BTC. The reason is obvious: The local store owner has some motivation to accept BTC, because it might add new customers. For the employer there are no benefits - instead BTC payments will generate additional costs associated with acquiring the BTC in the first place and accounting costs.
I never tried to convince anyone to accept/use BTC who was not asking for it. And I think it is not a good idea to do it, because it may quickly lead to disappointments when there is no demand for Bitcoin or funds are lost due to insufficient competence to handle payments.
ya.ya.yo!
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Decoded
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August 14, 2016, 10:24:56 PM |
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A store would be easier, especially if there is a large amount of customers who will be happy to pay in bitcoin. I'm pretty sure that it is far easier to convince a local store to accept BTC than an employer to pay wages in BTC. The reason is obvious: The local store owner has some motivation to accept BTC, because it might add new customers. For the employer there are no benefits - instead BTC payments will generate additional costs associated with acquiring the BTC in the first place and accounting costs.
I never tried to convince anyone to accept/use BTC who was not asking for it. And I think it is not a good idea to do it, because it may quickly lead to disappointments when there is no demand for Bitcoin or funds are lost due to insufficient competence to handle payments.
ya.ya.yo!
You have to pay tax when paying out in bitcoin? You may, but how can the authorities track you? Especially if youre a wage worker.
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looking for a signature campaign, dm me for that
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gentlemand
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August 14, 2016, 10:45:30 PM |
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Why would an employer give a shit? All they have to do is send a bit of your wage to some third party who'll probably eventually go bust anyway. I don't think local stores are the right place for BTC. Online makes far more sense.
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raymond541
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August 15, 2016, 12:06:08 AM |
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Is it easier to convince an Employer to pay you in Bitcoin or is it easier to convince your local Store (where you buy your Food) to accept Bitcoin? Did you already tried to do that? And if so how did you do it and with what results?
Both are very tough to convince because still bitcoin not much popular that people are easily to convinced.If we can do this it would be great for bitcoin.I think local Store (where you buy your Food) to accept Bitcoin then it easier to convince an Employer to pay you in Bitcoin.
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shinratensei_
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August 15, 2016, 12:24:45 AM |
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Why would an employer give a shit? All they have to do is send a bit of your wage to some third party who'll probably eventually go bust anyway. I don't think local stores are the right place for BTC. Online makes far more sense.
Maybe because the local store is familiar with a daily needs and i think it's no a good place for bitcoin. and the first things bitcoin is made becoming a gateway for the online transaction.
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pooya87
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August 15, 2016, 03:48:47 AM |
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A store would be easier, especially if there is a large amount of customers who will be happy to pay in bitcoin. I'm pretty sure that it is far easier to convince a local store to accept BTC than an employer to pay wages in BTC. The reason is obvious: The local store owner has some motivation to accept BTC, because it might add new customers. For the employer there are no benefits - instead BTC payments will generate additional costs associated with acquiring the BTC in the first place and accounting costs.
I never tried to convince anyone to accept/use BTC who was not asking for it. And I think it is not a good idea to do it, because it may quickly lead to disappointments when there is no demand for Bitcoin or funds are lost due to insufficient competence to handle payments.
ya.ya.yo!
You have to pay tax when paying out in bitcoin? You may, but how can the authorities track you? Especially if youre a wage worker. usually when they start accepting bitcoin they use services like bitpay or anything similar so it would be easy to track them down and see how much bitcoin transaction one shop/merchant had in the past and calculate taxes that way.
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JeffBrad12
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August 15, 2016, 05:58:40 AM |
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Maybe can tell them about that, I can't say that is easy but trying to tell the employer about that and waiting for their reaction. maybe you will find your answer. I think this is very useless to talking in this place if you can finding the real answer for yourself.
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darklus123
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August 15, 2016, 06:15:51 AM |
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Of course it is much easier to convince the employers because they can pay your salary without tax. Same as you receive your salary in much higher than usual because its tax free
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Cereberus
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August 15, 2016, 06:19:31 AM |
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If I tell my employer in my country that if they pay me in bitcoins they will not pay any taxes they are going all the way to just pay me through bitcoin. For this they have not to declare me as a worker in their company which is something very difficult to do in my country so although the very good will of my employer to pay me in bitcoin to evade taxes its not possible because of strict control from the financial authorities here.
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Babayega31
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August 15, 2016, 06:30:37 AM |
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Why would an employer give a shit? All they have to do is send a bit of your wage to some third party who'll probably eventually go bust anyway. I don't think local stores are the right place for BTC. Online makes far more sense.
Maybe because the local store is familiar with a daily needs and i think it's no a good place for bitcoin. and the first things bitcoin is made becoming a gateway for the online transaction. Well it will make their transaction more easier if local store will accept it thats why i think they are the one will be the easiest to convince since i dont see any employer pays his workers a digital money or any other processor excisting today and i would be agree if it will be more works for them to do that if they really implement it.
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Kevin77
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August 15, 2016, 07:13:18 PM |
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Is it easier to convince an Employer to pay you in Bitcoin or is it easier to convince your local Store (where you buy your Food) to accept Bitcoin? Did you already tried to do that? And if so how did you do it and with what results?
In my opinion, it’s easier to convince the local stores to accept bitcoin as payment than the employers to provide salary in bitcoins. Because if stores that sell daily goods know about the benefits of bitcoin and the fact that there are not much shops that accept bitcoin and bitcoin users are desperately in finding those shops, these stores will gain popularity at least among bitcoin users and their sale will increase significantly. It’s always better to have more than one currency accepted in stores, especially if those are local stores that sell things you need everyday and it’s cryptocurrency.
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