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Question: Would you do it?
Yes, I'd convert 100% of it. - 18 (13.8%)
Yes, I'd convert all of it but the amount I pay for recurring household expenses. - 36 (27.7%)
Yes, I'd convert a very small portion of it. - 44 (33.8%)
No, I would just buy Bitcoins on normal exchanges when I like. - 25 (19.2%)
No, I won't buy Bitcoins. - 7 (5.4%)
Total Voters: 130

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Author Topic: If you could convert your paycheck into bitcoin (like automatically)  (Read 2046 times)
Kazu (OP)
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August 31, 2013, 08:02:29 PM
 #1

Just a fun poll.

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Pruden
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August 31, 2013, 09:04:57 PM
 #2

Convert all but recurring expenses. This is what I am planning to do with my first job, starting monday. Being in Spain, it seems just as risky as keeping fiat within the bank system.
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August 31, 2013, 09:09:39 PM
 #3

Convert all but recurring expenses. This is what I am planning to do with my first job, starting monday. Being in Spain, it seems just as risky as keeping fiat within the bank system.
How can you do that? Is there some actual service to do this?

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August 31, 2013, 09:10:34 PM
 #4

I just meant to say that whatever I have left at the end of the month I would send to an exchange. Smiley
Kazu (OP)
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August 31, 2013, 09:12:45 PM
 #5

I just meant to say that whatever I have left at the end of the month I would send to an exchange. Smiley

Do you think I should start a service to do this?  Shocked

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August 31, 2013, 09:22:17 PM
 #6

Maybe, but you will have a hard time beating my bank and its zero-fees on SEPA transfers.  Grin You could gain an advantage by offering higher safety and reliability than a top 3 exchange.
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August 31, 2013, 09:47:53 PM
 #7

Well, doesn't it depend on the currency you are being paid in? If it's US, Cdn, "stable" money, it's fine, short term. Plus, I need enough fiat for my mortgage, FOOD, etc. But it is rational to allocate some (speculative) amount to Bitcoin. Wouldn't look askance at Gold, either.
Kazu (OP)
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August 31, 2013, 10:44:49 PM
 #8

Well, doesn't it depend on the currency you are being paid in? If it's US, Cdn, "stable" money, it's fine, short term. Plus, I need enough fiat for my mortgage, FOOD, etc. But it is rational to allocate some (speculative) amount to Bitcoin. Wouldn't look askance at Gold, either.

That is 'recurring' expense. Perhaps you are looking for option 2?

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August 31, 2013, 11:08:12 PM
 #9

If I could transfer my whole cheque and have a debit card using bitcoins I would do that, I want to take away the power that the banks have to keep us slaves to this system

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August 31, 2013, 11:10:17 PM
 #10

If I could transfer my whole cheque and have a debit card using bitcoins I would do that, I want to take away the power that the banks have to keep us slaves to this system
Don't we all want that?

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surebet
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August 31, 2013, 11:35:16 PM
 #11

Would this service also be a simulation?
Kazu (OP)
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September 01, 2013, 01:42:43 AM
 #12

Would this service also be a simulation?
What does this mean?

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September 01, 2013, 01:45:55 AM
 #13

Just a fun poll.
Yeah, but one of the better ones out there.  Interesting...
surebet
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September 01, 2013, 03:13:12 AM
 #14

Would this service also be a simulation?
What does this mean?

This is a demo instance of the CoinLenders Bitcoin Bank Script. While this demo is fully functional, nothing is real, and nothing is an investment.

Like that would help you in court.
Kazu (OP)
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September 01, 2013, 03:40:27 AM
 #15

Would this service also be a simulation?
What does this mean?

This is a demo instance of the CoinLenders Bitcoin Bank Script. While this demo is fully functional, nothing is real, and nothing is an investment.

Like that would help you in court.

Wow, that one's new. Now, if that were to go to court, it would make a really interesting news story, lol. I don't think that would work in this scenario as I'd actually accept cheques which obviously aren't demo, and if they were to bounce obviously I'd have to take legal action.

So yea, I opened this thread to see what people think, not because I actually intended to start a business doing this. I mean, it would sorta be cool if I could, but I can't now, so I won't. Vaguely in the vague future I want to, though.

CoinLenders - Bitcoin Bank Script / Demo
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surebet
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September 01, 2013, 04:21:35 AM
 #16

Would this service also be a simulation?
What does this mean?

This is a demo instance of the CoinLenders Bitcoin Bank Script. While this demo is fully functional, nothing is real, and nothing is an investment.

Like that would help you in court.

Wow, that one's new. Now, if that were to go to court, it would make a really interesting news story, lol. I don't think that would work in this scenario as I'd actually accept cheques which obviously aren't demo, and if they were to bounce obviously I'd have to take legal action.

So yea, I opened this thread to see what people think, not because I actually intended to start a business doing this. I mean, it would sorta be cool if I could, but I can't now, so I won't. Vaguely in the vague future I want to, though.

So are you or are you not running an unlicenced lending business?
Kazu (OP)
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September 01, 2013, 05:05:52 AM
 #17

Would this service also be a simulation?
What does this mean?

This is a demo instance of the CoinLenders Bitcoin Bank Script. While this demo is fully functional, nothing is real, and nothing is an investment.

Like that would help you in court.

Wow, that one's new. Now, if that were to go to court, it would make a really interesting news story, lol. I don't think that would work in this scenario as I'd actually accept cheques which obviously aren't demo, and if they were to bounce obviously I'd have to take legal action.

So yea, I opened this thread to see what people think, not because I actually intended to start a business doing this. I mean, it would sorta be cool if I could, but I can't now, so I won't. Vaguely in the vague future I want to, though.

So are you or are you not running an unlicenced lending business?
What? I don't run any lending business at all?

EDIT: Wait, you need a license to lend? Holy crap, thats news to me. What don't you need a license to do anymore?

CoinLenders - Bitcoin Bank Script / Demo
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surebet
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September 01, 2013, 05:31:49 AM
 #18

Would this service also be a simulation?
What does this mean?

This is a demo instance of the CoinLenders Bitcoin Bank Script. While this demo is fully functional, nothing is real, and nothing is an investment.

Like that would help you in court.

Wow, that one's new. Now, if that were to go to court, it would make a really interesting news story, lol. I don't think that would work in this scenario as I'd actually accept cheques which obviously aren't demo, and if they were to bounce obviously I'd have to take legal action.

So yea, I opened this thread to see what people think, not because I actually intended to start a business doing this. I mean, it would sorta be cool if I could, but I can't now, so I won't. Vaguely in the vague future I want to, though.

So are you or are you not running an unlicenced lending business?
What? I don't run any lending business at all?

EDIT: Wait, you need a license to lend? Holy crap, thats news to me. What don't you need a license to do anymore?

Shine on, you crazy diamond.
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September 01, 2013, 05:37:49 AM
 #19

i WISH i could convert all of it!!!
 Grin

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September 01, 2013, 05:55:59 AM
 #20

Holy shit no way would I convert my paycheck.   Then what, you have to escrow each and every little thing you ever want to buy.   Fuck that.  Oh ok, you have the face to face thing so sure you can go sit in the gas station for an hour waiting for the transaction to confirm 6 times.


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