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Author Topic: Company Starts Paying Salary In Bitcoin ?  (Read 530 times)
Bit talk (OP)
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April 11, 2018, 03:57:53 PM
 #1

Japanese Company Starts Paying Salary In Bitcoin its good news for Cryptocurrency market.
Multi-billion dollar tech giant in Japan, the largest internet company actually (GMO) is already paying employee salaries in cryptocurrency.

This is only the beginning!
 
http://fortune.com/2017/12/14/gmo-bitcoin-salaries-japan/

This Japanese Internet Company is Offering to Pay Salaries in Bitcoin
GMO's new payroll option will be launched in February 2018.

This is the example for never end crypto market right?
thanhmmo19
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April 28, 2018, 11:47:17 AM
 #2

Yea, we are lucky that it happened, because Japan is very civilized and stable country, which may be leaded as an example for other countries. This is the beginning, we hope that there will be more country involved.
Tlongbottom
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April 28, 2018, 11:56:16 AM
 #3

This doesn’t necessarily mean that it’s never going alway, but the more we hear stories like this the better. It means that mainstream adaption is happening slowly. After last year’s bull run, tons of people know what bitcoin is and if this trend continues, it will mean success for everyone that is invested. That said, I would love to get paid in bitcoin at my place of work!
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April 28, 2018, 11:59:31 AM
 #4

This is great for crypto currencies, uptill now many companies are offering the option of crypto currency salary payments to its employees, which is a sign of the coming mass adoption and major use case of cryptocurrencies.

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April 28, 2018, 12:12:26 PM
 #5

Its a good thing large companies try to adopt the cryptocurrency trend but i think its not right to pay bitcoin because of its price change everytime Think of a scenario that after the company pays the worker with bitcoin then after a day the coins price dropped its  a lose for the worker and what if they really need that money so bad its a bad idea its not everyday that the crypto price increases

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Polipog
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April 28, 2018, 12:12:52 PM
 #6

If a certain company pay bitcoin as a salary to their employee, well it is good for them, maybe the employer and the employees has a form of agreement that's why their company perform and implement to pay bitcoin as a salary. And maybe all employees on that company are also crypto enthusiasts, and likewise the company management also a cryptocurrency enthusiasts.
richjohn
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April 28, 2018, 12:14:44 PM
 #7

I read such an article long back also where the company was paying extra to employees if they accepted their salaries in Bitcoin.
No matter how good the technology is, as long as entire population doesn't have wallets to accept, how will a person accept it?
It has obvious benefits for the employer since he would be evading taxes.
The only concern I have is what if the value of bitcoin takes an extreme swing and the hard working employee loses a significant amount of his salary?
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April 28, 2018, 12:23:03 PM
 #8

This is a really nice news to read. If only more companies would start to offer payment in Bitcoin, then the crypto market will go mainstream for sure, and this would mean a huge increase in the value of the coins.

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April 28, 2018, 12:47:26 PM
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The cryptocurrency will undoubtedly gain more support, and the application scenario will become more abundant.
But I guess people who get the cryptocurrency as a salary will not want to see the scene of a sharp drop in currency prices.There is still a long way to go.
TwSeventh
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April 28, 2018, 12:48:09 PM
 #10

it was not the first time we are seeing this,
actually some company already made this kind of movement and most of them were came from japanese.
as far as i remembered they're the first country who openly accepted it as a currency.
we could see that they made a move by regulating their own exchange so they could prevent money laundry that was why they made a decision to support it.
so it's not really surprising to see it actually,because we are expecting something more from the country who accepted Bitcoin openly.

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April 28, 2018, 12:48:16 PM
 #11

Japan is the first country started to pay employees in Bitcoin and well now we can see they get paid for other cryptocurrency as well world is changing for better jobs and better wealth distributing mechanism
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April 28, 2018, 12:54:24 PM
 #12

Japanese Company Starts Paying Salary In Bitcoin its good news for Cryptocurrency market.
Multi-billion dollar tech giant in Japan, the largest internet company actually (GMO) is already paying employee salaries in cryptocurrency.

This is only the beginning!
 
http://fortune.com/2017/12/14/gmo-bitcoin-salaries-japan/

This Japanese Internet Company is Offering to Pay Salaries in Bitcoin
GMO's new payroll option will be launched in February 2018.

This is the example for never end crypto market right?
Cool.. I'm Glad with this news  that's enough to believe that crypto market is never end.
but I think companies need to provide other coins with lower fees to help employees for the low payouts, with that I believe adoption will grow especially among employees

DigitalFox
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April 28, 2018, 12:54:26 PM
 #13

Not sure if this is good or bad but's surely a sign of growing mass adoption, even though within just one country.

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April 28, 2018, 01:04:43 PM
 #14

Japanese Company Starts Paying Salary In Bitcoin its good news for Cryptocurrency market.
Multi-billion dollar tech giant in Japan, the largest internet company actually (GMO) is already paying employee salaries in cryptocurrency.

This is only the beginning!
 
http://fortune.com/2017/12/14/gmo-bitcoin-salaries-japan/

This Japanese Internet Company is Offering to Pay Salaries in Bitcoin
GMO's new payroll option will be launched in February 2018.

This is the example for never end crypto market right?

Theres nothing to be amazed if japan pays all their employees by bitcoin,since this cryptocurrency is legal in that country,they adapted bitcoin as real money so whats new about this news?

What i was waiting is for other country to treat our community here as what japan treated us,maybe by the we will become worldwide currency and we will dominate the whole financial system
acell101
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April 28, 2018, 01:05:15 PM
 #15

Japanese Company Starts Paying Salary In Bitcoin its good news for Cryptocurrency market.
Multi-billion dollar tech giant in Japan, the largest internet company actually (GMO) is already paying employee salaries in cryptocurrency.

This is only the beginning!
 
http://fortune.com/2017/12/14/gmo-bitcoin-salaries-japan/

This Japanese Internet Company is Offering to Pay Salaries in Bitcoin
GMO's new payroll option will be launched in February 2018.

This is the example for never end crypto market right?
Well its not shocking since its an internet company.. so it adapted the newest technology.. It is a very good news..hope many employer will adapt it.. especially those who are prone with the new technology.. you were right it is an example that crypto will never die..
BitcoinHodler
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April 28, 2018, 01:06:30 PM
 #16

Japanese Company Starts Paying Salary In Bitcoin its good news for Cryptocurrency market.

this is yet another example of bitcoin's real usage in the real world as a currency. it will help bitcoin's image and further adoption of it as a currency in the future.
however this has nothing to do with "cryptocurrency market" at all. the altcoins still remain useless when it comes to real world and until that changes the altcoin market will stay the same.

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April 28, 2018, 01:13:05 PM
 #17

Good thing they will pay their employees in crypto currencies, but i do hope that all their employees knows the risks of accepting it as salary and the company has explained those risks to them and also signed up legal terms where the employees can not sue them in anyway if the market crashes or something bad happens. Many legal issues might rise specially FLSA laws (does not apply in Japan, not sure though) which might create a huge havoc.

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lifesgood10
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April 28, 2018, 01:20:28 PM
 #18

Japanese Company Starts Paying Salary In Bitcoin its good news for Cryptocurrency market.
Multi-billion dollar tech giant in Japan, the largest internet company actually (GMO) is already paying employee salaries in cryptocurrency.

This is only the beginning!
 
http://fortune.com/2017/12/14/gmo-bitcoin-salaries-japan/

This Japanese Internet Company is Offering to Pay Salaries in Bitcoin
GMO's new payroll option will be launched in February 2018.

This is the example for never end crypto market right?


If this is true, then its good news for the crypto world
it shows the general acceptability of the people to the blockchain world and this is vital as we all engage in crypto
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April 28, 2018, 01:22:47 PM
 #19

it is very interesting and rarely teradi in other countries  and hopefully other countries follow.but the problem is that many countries forbid bitcoin as a legal means of payment like in my country,and I think in paying using bitcoin is advantageous for its employees.

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April 28, 2018, 01:37:19 PM
 #20

This is really awesome! I know some banks are secretly developing their own crytocurrencies too! I would say now is still a very good time to dive in for all cryptocurrencies

As long people all over the way has ways to use them, they will moon!
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