Can we adopt altcoin to pay wages?

[Orsen]

I think that for us it is still very far away, because many people of older age and they do not even use the Internet, it's too early for us, but in the long run everything can be!

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[harbin55]

I think there is a possibility that the alternative coins can be used as a payment in wages.
The big thing is not all people are applicable to used it since not all of them are informed about cryptocurrency.

[max65]

Yes, we can pay wages in term of altcoins but there can be many problems . Prices of altcoins are not fixed and we have first convert them to use for our basic needs and for that one may have to wait long .

Yes I really agree with your opinion that is one big problem because the price of altcoins are not fixed.But I think if it is legal in the whole country and the price are fixed that is better for us.

[Dimple444]

Volatility will be a major concern. Suppose you will give 2000 Fantasy Gold Coin per month to the employee as salary. If the price is down, employee will be concerned and if price is too high, you might feel foolish giving away that much

[dumple]

i think that it all depends on the way that you are going to pay them and if the employee agrees on that, otherwise i dont think that it is good

[Bastok]

I think payments is not possible in such alt coins where movement is high. Constant altcoin maybe considered for it.

At this point it is hard to consider altcoin to pay wages specially the value is volatile. Not all basic commodities can pay using altcoin. Maybe in the future like 10 to 20 years from now once the value of altcoin is stable and we use it as currency a replacement of paper bill or other method of payment.

[Sithara007]

Under current circumstances, any such move can be extremely risky. Because the exchange rates can go up or down by 10% in a single day... so if the wages are made to someone, the chances are that he may get a lower amount by the time he converts it to fiat.

[L00n3y]

Can we pay salaries and wages in shape of altcoins?
What problems can be occurred to adopt it? 

Not in my country. Only a handful of merchants accepts crypto as a means of payment thus employees would find a need to convert it to our local currency. Besides, the volatility of it would pose a problem determining the exact salary of an employee.

[ityandsyn]

Can we pay salaries and wages in shape of altcoins?
What problems can be occurred to adopt it?  

      As per news from Japan that some Japanese Company offers Bitcoin for wages payments but it is optional of employees, so it is all the of risks will be shoulder by employee since the price of BTC is not stable,and any problem encounter after payments is also absorb by employee, any this is not compulsory to all.

[saobang1938]

You can just get the subcoin in to make the investment not to pay the fee. You can get in pay the fee. In the crypto money world you can do what you want infinitely. Be careful not to lose money while doing these things.

[DaryaCrypta]

Currently, wages in the crypto currency will not be very convenient for employees. I think that it would be advisable to introduce such a form of payment, when the crypto currency can be paid everywhere.

[crenfrosck]

Of course, we can! But in the current state, where billions of people have not even heard of altcoins, would it be positive? Maybe just like a "pilot project," but not for everyone at this moment. I know that there is a company in my country which enables their employees to be paid in a form of BTC or other altcoins, which sounds like a brave move from them. On the other hand, why not? The world has been already changed by several freaks, so this might be a new opportunity to do so as well  .

[harbin55]

Yes, we can adopt the alternative coin to used as a payment for wages in their employees
because they give a chance each of them to have a better life and serve a great deal in future needs.

[tuquyen44]

I think for now it will be complicated to do. Not a complicated system but a way of calculating the amount of salary itself, because the standard of salary is certainly measured by many factors including inflation.

[cryptogeek101]

Can we pay salaries and wages in shape of altcoins?
What problems can be occurred to adopt it? 

 Yes , we can effectively pay salary and waves with altcoins using the Ethereum smart contract ERC20 blockchain technology. The Ethereum virtual machine(EVM) will be able to generate the various contracted salaries and wages and make payment to the programmed beneficiary. If adopted it's going to be an effective and decentralized approach to salary and wages payment globally.

[Ronaldohi]

I think the course is slightly to stabilize before starting such innovations. And then just hang accounting making adjustments.

[Vampirepro]

the majority of people have a fixed job more than anything else for stability, so that you could pay wages with altcoins, It has to be a very stable one and I don't think that this will happen in the near future, maybe in about 5 years, when the regularizations are put in place and the market stops being so volatile the companies can offer this means of payment.

[longminh123]

Yes, we can adopt the alternative coin to used as a payment for wages in their employees
because they give a chance each of them to have a better life and serve a great deal in future needs.

This is possible but if you accept this form of payment, the risk is huge because we can not predict the value of Bitcoin. For me should only accept Bitcoin payments for overseas workers because it is the easiest form of payment without spending too much time on a transaction. I believe that this form can change the lives of many people because of the high inflation of the currency

[steins19]

This argument has been ask a lot of times in this forum. And as I have told them countless of time, it is possible not only possible but it is already happening but we don't seem to feel it because not all people can adopt it. The main reason is that altcoins are too risky. And its value is too inconsistent. Unless a coin hold its value over a year then it would less likely possible to be adopt by most employers.

[Cryptoguru274]

Can we pay salaries and wages in shape of altcoins?
What problems can be occurred to adopt it? 

We can effectively adopt altcoins to pay salary because of the decentralization nature of altcoins. The Ethereum ERC20 smart contract virtual machine could be a powerful means of salary and wages payment method to adopt.