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Author Topic: Bitcoin as salary for a regular job?  (Read 14176 times)
Genemind
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October 03, 2017, 08:23:15 PM
 #841

Would you accept bitcoin as your salary in your profession, especially if you work in other country?

For me yes I will accept bitcoin because we can exchange it in our local currency.



I really think that it's always better if you would have fiat money as salary. Because it would be a tough job for the accounting department if your salary is bitcoin based. There would be a lot of discrepancy and dispute if this happens. It would cost a lot of time and effort if salary would be based on bitcoin.

 
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October 03, 2017, 08:29:39 PM
 #842

I do not want my salary paid with bitcoin,
because the bitcoin price is unstable,sometimes the price goes up sometimes also down.
I want to be paid with local money.
that's my excuse.

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October 03, 2017, 08:30:44 PM
 #843

no,i will not accept that because first of all its not legal in many countries ,even if its legal it does not have any minimal value  all because of its volatile nature.the salary received may varied time to time sometimes making churning a good amount and sometimes not enough to survive.also there are many offline stores that still don't accept any bitcoin and ratio of these stores is very huge,so it will difficult for us to handle bitcoin at that time
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October 04, 2017, 04:14:04 AM
 #844

Would you accept bitcoin as your salary in your profession, especially if you work in other country?

For me yes I will accept bitcoin because we can exchange it in our local currency.


I would also accept bitcoin as salary, because like what you can do, we can also convert it to our local currency. Furthermore, if salaries are sent through pur bitcoin wallets, then it would be more convenient because you don't have to go on an ATM but rather you can check it online if how much did you get. So I am on it.
Definitely bitcoins should be paid as salary to students for their future investments. They can use bitcoins for making more money by selling their projects online for bitcoins or they can trade their bitcoins. This salary benefits the students in different ways and provides them with opportunities to make more money.

Try to compare how hard to earn money on working in companies rather than working on signature campaigns or getting translations and your only at home. Obviously getting bounties and advertising ico's is easier and pay's a lot more than working in company.
I agree with you and i understand you but you can also do the bitcoin stuff as a hobby and also work in a company so you have double the income and can enjoy double because you have a lot of money.
I just got an idea from your words. Bitcoin should be used as salary but at a certain level. Not everyone is worth of earning bitcoin. so only higher ranks should be payed in bitcoin. so that the person on lower level who really wants to earn bitcoin, makes himself better to get bitcoin and work hard.
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October 04, 2017, 04:14:47 AM
 #845

I do not think to take paid work with bitcoin primarily as a fixed payroll profession using bitcoin, do you want to receive a drop in your bitcoin price to receive an unsuitable salary so you can only exchange local currency to buy food only, you have to Think more mature to accept work you receive so you do not feel disappointed with your work
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October 04, 2017, 04:42:16 AM
 #846

It really is not sensible in my country.Central lender have adverse frame of mind about bitcoin and lately shared view that bitcoin is not true income or economic asset.We also have to adhere to EU laws and rules.In my view, we can earn excellent money from bitcoin usually, but it is not sensible that we will be in a position to get a wage in bitcoin, at minimum not in the close to future.
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October 04, 2017, 04:55:40 AM
Merited by Magkirap (2)
 #847

It can depend on Rules and regulations of the particular country if bitcoin is not legal tender in country than it will difficult to survive with bitcoins.
If i am in the country where bitcoins is legal than i will accept bitcoins as regular salary.

But There will always risk involvement.
But also has chance to get more profit as we see price fluctuation in bitcoin value.
It is good idea that Bitcoin as salary for a regular job. Why? If you think of the idea that the Philippines' currency is low and if we think that Bitcoin will be the currency of the Philippines in the future many of the workers will get high salary than they expected. And come to think of it, if Bitcoin will be the new form of money in the Philippines we don't need to deploy Overseas Filipino Worker (OFW) outside the country due to the fact that they can earn more money for their daily needs.
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October 04, 2017, 05:05:09 AM
 #848

Bitcoin wage wiil be ok when everybody can modify it on the avenue echange equipment, and wage should be fixed cost of the moment when worker get it, now bitcoin has substantial volatility and it`s tiny bit dangerous to use it like wage, but often it can give you more income.
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October 04, 2017, 05:13:16 AM
 #849

I do not think to take paid work with bitcoin primarily as a fixed payroll profession using bitcoin, do you want to receive a drop in your bitcoin price to receive an unsuitable salary so you can only exchange local currency to buy food only, you have to Think more mature to accept work you receive so you do not feel disappointed with your work

i think salary in bitcoin is not scary as you think, you can sell50%  of your bitcoin salary instanly, then save the 50% for future investment. im never see bitcoin price go down for long term chart. if you hold your bitcoin you will never lost anything, and im sure you will gain some profit and receive higher salary as usual.
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October 04, 2017, 05:25:40 AM
 #850

Would you accept bitcoin as your salary in your profession, especially if you work in other country?

For me yes I will accept bitcoin because we can exchange it in our local currency.



me too i will accept the bitcoin as a salary for regular job because we can exchange it in our local currency. And come to think of it, if Bitcoin will be the new form of money in the Philippines we don't need to deploy Overseas Filipino Worker (OFW) outside the country due to the fact that they can earn more money for their daily needs.
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October 04, 2017, 05:27:09 AM
 #851

I thin I will accept Bitcoin as a regular salary for my job in certain condition.  My country legalized it and there are stores that accept Bitcoin as mode of payment or I can convert it to fiat currency anytime of the day.  If these condition is met, I wouldn't mind to be paid in Bitcoin.

What if your salary goes down in case of huge volatility? Smiley I dont mind to accept bitcoins as salary if we consider market price change frequency during the last 2 week.

First, I don't need to wait before converting back to fiat if you don't want to. That's your choice. If it goes down you'll accept it because it was your choice not to convert but hold.
Second, What if it goes up and you earn even more on holding it? You don't have to sell when the price is low, it will eventually go back up.
Bitcoin prices are fluctuating at the present but once it will become stable after reaching a very high target (that it will in future) and being accepted by all the businessmen of the world, then we can have our salaries in bitcoins.

If we just stop thinking about the profits for once and think about the easy transactions via bitcoins even in micro purchases, how wonderful it will be.
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October 04, 2017, 05:33:55 AM
 #852

yes, I did make this bitcoin as my income or my fixed salary, and I made my profession in the field as a side income, because the bitcoin is comfortable, not regulated by the rules and time and I manage the time,

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October 04, 2017, 06:11:04 AM
 #853

I do not want, because the bitcoin price is not stable.
it will harm me, when bitcoin prices go down.
easier payment with real money.
I use bitcoin just to make a profit, nothing else


but for now the bitcoin price is fantastic,
even greater than our income, if we have a lot of bitcoin we will be very rich does not even require regular income again as salary

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October 04, 2017, 06:14:09 AM
 #854

of course, bitcoin is my salary, other than that easy to use bitcoin this can be a means of payment when I become an employee in another country and this is quite interesting to all circles.
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October 04, 2017, 06:16:01 AM
 #855

I would not accept Bitcoin as my salary for different reasons. First of all: the price can anytime go down even with 1000$ like it happened with China banning ICO's( the price went down 1500$ in 2-3 days). The second reson is the fees for exchanging it to fiat. It would take at least a 10% fee only on exchangers plus taxes to government
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October 04, 2017, 06:24:27 AM
 #856

of course, bitcoin is my salary, other than that easy to use bitcoin this can be a means of payment when I become an employee in another country and this is quite interesting to all circles.
Would you accept bitcoin as your salary in your profession, especially if you work in other country?

For me yes I will accept bitcoin because we can exchange it in our local currency.


I agree with you i also think that bitcoin is salary for all people but it is like a regular job that you can work and you will get a salary so that's why bitcoin is salary for many people and to others people this is like a job.
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October 04, 2017, 06:32:35 AM
 #857

I would not accept Bitcoin as my salary for different reasons. First of all: the price can anytime go down even with 1000$ like it happened with China banning ICO's( the price went down 1500$ in 2-3 days). The second reson is the fees for exchanging it to fiat. It would take at least a 10% fee only on exchangers plus taxes to government

You got your reasons, but bitcoin price is 4.300$ and rising, that 1.500$ drop didn't last for long.. Risk is if you have family and just one source of income, less risk is if you have some saving in bank and plus you earn bitcoins, then when you are in need you can use that saved money and keep bitcoins until price rise.
If there is option for receiving salary in bitcoins I would use it, that depends a lot from country you live in. I have more trust in bitcoin then in my currency, if situation in my country is better I probably wouldn't think about it, but now I need to risk if I wish to have more, if not I'm on a edge.

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October 04, 2017, 07:01:19 AM
 #858

This is hard for me to accept bitcoin as my salary even if the price of bitcoin are so high first reason; there's only 2 local companies in my country that you can exchange bitcoin second reason; the price are not stable that is so risky like what happen in this fast few week the price of bitcoin are going down because the china banning all ico and last; only few people in my country know bitcoin but looking good to see a lot of people in this site agree to accept bitcoin as there salary.

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October 04, 2017, 07:09:26 AM
 #859

of course, bitcoin is my salary, other than that easy to use bitcoin this can be a means of payment when I become an employee in another country and this is quite interesting to all circles.

Have you considered the fact that bitcoin may be declared illegal in your country later on? This has been happening in many countries and its not something that I support obviously but I look down upon. I would prefer to have my salary in fiat only because of its easy usability in every place as soon as I acquire it. Bitcoin is not yet that popular in many countries and some merchants will never accept it. I hope they realize their mistake soon and they start accepting it - which will also increase the acceptance of bitcoin.

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October 04, 2017, 07:27:09 AM
 #860

of course, bitcoin is my salary, other than that easy to use bitcoin this can be a means of payment when I become an employee in another country and this is quite interesting to all circles.

Have you considered the fact that bitcoin may be declared illegal in your country later on? This has been happening in many countries and its not something that I support obviously but I look down upon. I would prefer to have my salary in fiat only because of its easy usability in every place as soon as I acquire it. Bitcoin is not yet that popular in many countries and some merchants will never accept it. I hope they realize their mistake soon and they start accepting it - which will also increase the acceptance of bitcoin.
That is right that the popularity of bitcoin is not yet big so the acceptance and the adoption for bitcoin is not that wide so the possibility to use your bitcoin from your salary is not that convenient because it will be hard to spend bitcoin so it is still better to pay employees using fiat because it will help them to spend it immediately to the things that they need to buy and they will not become worry for the volatility for getting positive or negative profit because fiat is not like bitcoin.

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