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Author Topic: Salary Paid in Bitcoin - would you do it?  (Read 986 times)
Hwijaya29
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April 11, 2018, 12:03:19 PM
 #201

I think it have good impact and bad impact to employer. When people get paid and after that the price of bitcoin increase it is good for employe but in other side that will risky for employee

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Glutius
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April 11, 2018, 04:07:05 PM
 #202

I would also love to get paid in cryptocurrency. It would be very convenient, I won't have to buy coins again.

connesa
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April 11, 2018, 04:16:15 PM
 #203

A company did an interesting social media experiment on people's acceptance of cryptocurrency as a method of payment for salary.

https://www.youtube.com/watch?v=-vcGUeDlnLU&t=30s

Looks as though it could possibly have been staged by the company (I don't think so??), but the results seemed similar to what I would expect if it was genuine. And I think it is actually a clever way of promoting their token sale, more potential to go viral than other promotional videos I've seen. Anyway, personally I think I would be happy to take cryptocurrency as at least part payment for salary, and depending on circumstances, the whole amount.

well if that will be offer for me i will gladly accept that.
save it till the price pumps up.just like any other assets.
we will never know if thats the way to become rich in the future.itll be so cool if ever
OrangeII
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April 11, 2018, 04:22:01 PM
 #204

I would also love to get paid in cryptocurrency. It would be very convenient, I won't have to buy coins again.
well, so far I get the biggest salary from bitcoin. so many people are targeting to be paid using bitcoin because sometimes bitcoin gives bigger salary from real job. well, lots of people want to do that, but mostly it's a scam.

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Topaz72
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April 11, 2018, 07:41:47 PM
 #205

If I could spend it on something interesting, it would be great.
Exactly and nothing can be better than bitcoin, for me it is really good to have monthly salary as bitcoin because it is really worth to have it, not everyone know the process to buy bitcoin but if they will work and get salary as bitcoin then it will be an easy way for it, I think the bitcoin currency is the only currency which means a lot of everyone, so best idea I also want to work for the bitcoin to get as salary.
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April 11, 2018, 09:16:23 PM
 #206

Perhaps this is another one of my little dream - to get paid in cryptocurrency. But while I don't even know where to find such work.

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lissa brak
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April 11, 2018, 09:16:51 PM
 #207

I will still prefer cash payments for my salary. As we all know, there are only few things we can buy using bitcoin. Majority of payments still requires money or credit card so it will be a disadvantage if an employee will be paid using bitcoin. The only advantage I can see is when bitcoin suddenly goes up before payday. Its almost impossible to happen on the current market so I will still prefer cash. I can convert them to BTC anytime I want.
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April 11, 2018, 09:23:04 PM
 #208

Perhaps this is another one of my little dream - to get paid in cryptocurrency. But while I don't even know where to find such work.
I believe this will happen soon as the world accepts more cryptocurrency and I think bitcoin will be the right choice to pay the salaryman. Bitcoin will have a stronger chance of growth and will no longer be subject to the same volatility as many large corporations can afford to stabilize their payrolls.
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April 11, 2018, 09:32:45 PM
 #209

I heard about it on some news paper's like that.some companies now going to pay bitcoin As salary.but i can't believe on it because bitcoin price falling so i don't think so people will accept it.And also i will not do.
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April 12, 2018, 12:12:47 AM
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 #210

I think the general consensus here is that people wouldn't accept their salary in cryptocurrency. Varying reasons are given, volatility being probably the most consistent one. I think the main reason people wouldn't (at least at the moment anyway) accept it, is because there is no need. We can get paid our salary in fiat currency, instantly available for everyday expenses, and then decide if/how much to invest in cryptocurrency on a month to month basis. Technically anyone who uses part of their monthly salary to buy cryptocurrency is basically getting paid in cryptocurrency, they just have control over exactly how much and which crypto to get paid in. Be interesting to see how opinion changes over the next few years, I can definitely see some companies paying only in crypto.

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April 12, 2018, 10:21:00 AM
 #211

For me, this is too risky. Because the cryptocurrency has no stable price. And I cannot consider it as a real job. Cryptocurrency is good as a investment not salary payment.
Salary paying through cryptocurrencies is a good decision because if a person can not afford to trade and invest through cryptocurrency then through salary paying cryptocurrencies companies he can afford to invest his salary in crypto and especially Bitcoin.

So do not consider it as like the market is going low and employers will reject to work on crypto currencies but in both cases if the market is going down or high employers should works and get Bitcoins. It would be another easy way of getting Bitcoins if companies use it as a salary.

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April 12, 2018, 10:24:04 AM
 #212

Bitcoin is just the aim of the investment, I think it would not be right to reflect on business life. No firm will give money over bitcoin. Nobody accepts assets where prices are volatile. Neither the worker nor the boss.
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April 12, 2018, 10:26:04 AM
 #213

There's nothing wrong if we get paid or our salary will come in bitcoin. I think it's new and innovative but at the same time it's risky too having our salary in bitcoin. The volatile of it's price makes bitcoin a risky salary for everyone because we can lose a percent of our salary in an instant or we can gain more if the price rise. I think in the future if some of the companies do paid in bitcoin they can think of a strategy on how they will send the salary.

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April 14, 2018, 03:37:09 AM
 #214

Its not a new thing,  I already receive all my salary / earning in btc,  I also pay people who does any work for me in btc.  It is easier to work remotely when you receive salaries in bitcoin,  bitcoin make it easy for people in different countries work together and receive payment instantly without having to wait for over 7 days for a bank to pass the money through many 3rd parties and charge high fee.
PonyBoy
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April 14, 2018, 08:19:21 AM
 #215

As for me I don’t want to get all my income in bitocin, it’s too unstable and volatile today and the price could decrease unpredictably, so it would be better to acquire about 30 per cent in cryptocurrency and the rest sum by fiat money as usual.
upisdown
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April 14, 2018, 08:51:25 AM
 #216

No no please the change in normal currency will be a daunting task then. Why to get into a task that's so difficult to reach.

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April 14, 2018, 08:58:42 AM
 #217

I don't think that a good idea for employers and employee.  Company's have to know their operating cost which includes salaries and the rise and fall of bitcoin price will affect that cost.  For employees who are expecting a certain amount of money for their salary to pay for their day-to-day expenses, that could be a problem. 

Price fluctuations for Bitcoin is the number one reason why employers and employees will hardly install such kind of policy in their companies in terms of salaries and wages. It may be good for the employees in the long run because the value of Bitcoin will certainly grow but since most of them are probably depending on their salaries, they could not hodl their Bitcoins for long. They need to convert them into fiat for their usual expenses. On the side of the companies, they are surely giving away a huge wealth if they pay all their employees in Bitcoin.

 
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April 14, 2018, 09:04:38 AM
 #218

Getting paid in Bitcoin as lovely as it seems will come with its pros and cons. Pros for the fact that it will be less stressful sending out bitcoins all u need is workers Bitcoin address. Cons that Bitcoin price is unstable. You pay a certain amount and price drops drastically... not good for the employee that needs certain amount to get something done. It's complicated
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April 14, 2018, 09:18:21 AM
 #219

One of japan's company is paying their employees with bitcoin
Sure i do not mind accepting bitcoin as my salary but just half of it
i will keep it as an investment for future purposes
I think this will be implemented sooner or later world wide if all of the people accept and recognize bitcoin

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April 14, 2018, 09:19:56 AM
 #220

Paying of bitcoin as a salary to the employee is good if it is not for daily consumption, because when the price was down in the market there's a possibility employee lost some of their salaries due to the market movement. Just like you played gambling if your salary paying bitcoin a very high fluctuation may cause good effect or either bad effect. That's why they much prefer an exact rate or fix rate salary to avoid losing to the employee.

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