Can we adopt altcoin to pay wages?

[Potchi]

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

Well adopting this kind of system in paying the wages, might face some problems. One of these problems is that the wages might change as time goes by. It can be either negative or positive. Yet the management of the wage depends on the holder or the worker. He can control whether he will withdraw it with the small price or wait a little longer yet his wage will wait as well. Another one is that, some altcoin might disappear, and adopting this kind of system will also make the wages disappear.

[Siren]

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

Everything is possible in crypto because all of coins are currency and when you call currency that means money,but the problem is the adaptation of the whole world for this altcoins act as what they are designed for,if only the world will accept the technology together with the services and products they represents maybe this question of you is happening sooner

[ivlvov]

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

No, I think that at the moment it's impossible, for a few reasons. For the first altcoin is a very unreliable currency, the price at any moment may change. Secondly, the received salary will still have to be converted to a credit card, as most stores and Internet services do not accept altcoin for payment. It's too early for this.

[Lorence.xD]

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

actually we can use digital currency for wages but we need to accept that volatile price of it so after you already got your wage like you got already your altcoins better to exchange that in btc then in fiat so even we have volatile price still you already exchange your wage,i think also better have dollar for wages because we don't need to exchange that faster not like the volatile price of digital currency so i post only the possible things that's all both digital currency or fiat are good for wages

I don't agree with your opinion, wages are fixed, while ALT coins is Volatile.anything can happen at any given time in the market, price value of one coin can drop or goes up... are you willing to pay wages with high price value on the market at the said time. another thing to consider is the willingness one your employees... this are thing the government want to look into the Regulation of crypto coin as main stream currency for circulation.

[bluemoon84]

 Therefore, it may happen that a person when receiving a salary will count on one amount, but will get a completely different and not a fact that will be in the black. Also the problem with needing to pay taxes on the cash you pull out, assuming you will be paying proper taxes to begin with, would mean the employee would be double taxed.

[sodiik]

Of course, it can, if you can adjust to the market price at that time. But of course, it will contain various risks. Like, the occurrence of altcoin price increases when you have paid to your employees will make your employees earn money that exceeds his salary. If the price of altcoins decreases after being distributed to your employees, the money they have will be depreciated and lower than your normal salary.

[eipeng]

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

Of course yes we can adopt by it but if you tell it to people who even don't know of it maybe something will happen to you. Adopting to this new technology is not easy, first people need to know what it is, what is cryptocurrencies maybe more years need to get to that.

[marginal]

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

I am already working with some guy from Russia,  and to avoid all those difficulties that can occur while you are transferring money from Russia to United States we are making the payments In Waves coins, for now waves are so much cheaper than they were, but anyway.

[imapd]

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

I think it can be easy achievable if the employees was agreed to get the salary in alternative cryptocurrencies, and one of the main problem is volatility of those, so you can never know what would be the amount of salary that you would get this month, lol.

[udana123]

For a certain point we can adopt but there are many issues with that adoption. Since the altcoin prices are not stable no one will like to get their wages in a unstable currency format. As well as the ecosystem is not widely develop  to form such a wage system because people will face lot of difficulties to do payments and spend the altcoins at each and every moment they want. And there are much more difficulties when implementing such a system.

[weborsha]

If you receive a salary in crypto, that it must be adopted by the country you live in. You’ll have to pay your taxes in crypto as well then. Every time you earn smth in crypto - you pay taxes:)) and it is the opposite to the idea of decentralization.

[SeXy]

The mellow irresoluteness of the market-place, due to what whether individual who doesnt knowledge the market irresoluteness received some altcoins

[ACTrend]

To date, the situation is that the crypto currency for payment of a payroll is not profitable because of the strong volatility and because not everyone still takes it seriously. But in the future it is quite possible. It was like with bank cards and payment by terminals. Few people believed that this is possible.

[GantVolnov]

Why not? I mean in the future, when the market becomes more stable and volatility decreases, it is absolutely possible. I do not think that every company will use different altcois. But 2-3 coins that will be backed by real value can well be used to pay wages!

[Yolikerum]

I think, obviously, the digital money is getting increasingly brought into human life consistently, yet our longitude attitude is taking another one, that is the reason I think until the point that individuals are prepared for pay rates with alcoins. I might want to see whether we will go to this.

[JaoBadjap]

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

Well the idea is not impossible.
however, the value of altcoin is determine on how the community will accept it specially on exchanges.
so think about, a guy was paid 300$ of wages and converted to 300Altcoin.
But when he hit the exchanges the altcoin equivalent went to lower than 1$
that would be devastating to the people whos getting their wages.
but it really depend on the project with a careful research i think it would be possible.

[Sadlife]

Altcoins are pretty much short lives some of them dont even last a year and most of them are shitcoins although not all but some. And having an altcoin for payment as salary in a company can be a headache because of it's volatility employers can never have a fix rate and have to always adjust to the price of altcoins.

[Ferris419]

Why not? I mean in the future, when the market becomes more stable and volatility decreases, it is absolutely possible. I do not think that every company will use different altcois. But 2-3 coins that will be backed by real value can well be used to pay wages!

I think the price of this market will never be stable. It will always fluctuate every day. It is difficult for crypto to have a stable price. And altcoin the more impossible. I think altcoin pay is not feasible. Payment can be made by Bitcoin or ETH

[max65]

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

We have a problem to adopt altcoins for wages. Example, if the person have wages for 1000$ per month and you will gave his wages into eth equally to 1000$. The problem is when he cash it out, theres a percentage taken from his capital. So his wages will deducted for that conversion or selling service fee. That wasn't applicable for wages.

Yes it is true,no person will adopt that kind of wages and I am one of that.If ever it might be adopted not only the stability of the token and also the transaction fee also that converted it into real money.

[oxoxoxox]

If an employee is willing to accept such a salary, then it can be used as a way to pay wages. The current price of the altcoin is very unstable. I don't think most of them will agree to this!