How many of you work and are 100% paid in Bitcoin?

[DeathAndTaxes]

Salary partial paid in bitcoins (by employee election).  Salary is fixed in dollars though.  Tangible Cryptography allows employees to elect in writing to receive 0% to 50% of of gross pay in bitcoins.  On advice of counsel we don't allow elections greater than 50% as it potentially can make taxes and withholding requirements complicated.  A 100% salary (as opposed to contract work) in Bitcoins isn't possible in the US as taxes must be withheld (and employer is liable for massive fines if they fail to do so) and they need to be withheld and paid in dollars.

[DannyHamilton]

Salary partial paid in bitcoins (by employee election).  Salary is fixed in dollars though.  Tangible Cryptography allows employees to elect in writing to receive 0% to 50% of of gross pay in bitcoins.  On advice of counsel we don't allow elections greater than 50% as it potentially can make taxes and withholding requirements complicated.

If you guys are ever hiring for telecommute positions, let me know.

[keithers]

For you guys here that are paid salaries in bitcoins...would you care to tell us what companies you work for?   Did your companies just go through bitpay...or did you individually agree upon a certain amount of btc to be paid bi-weekly or monthly?

Does that amount of BTC fluctuate with the USD value as it moves, or are you on a fixed BTC salary?

[keithers]

Salary partial paid in bitcoins (by employee election).  Salary is fixed in dollars though.  Tangible Cryptography allows employees to elect in writing to receive 0% to 50% of of gross pay in bitcoins.  On advice of counsel we don't allow elections greater than 50% as it potentially can make taxes and withholding requirements complicated.  A 100% salary (as opposed to contract work) in Bitcoins isn't possible in the US as taxes must be withheld (and employer is liable for massive fines if they fail to do so) and they need to be withheld and paid in dollars.

oops didn't see this post before I made my reply (in regards to salary being fixed in dollars)...

[Infectiphibian]

My salary is 100% Bitcoin   - 7 (17.9%)
My salary is partially paid in Bitcoin   - 6 (15.4%)


I think a lot of people are mistaking earning from bitcoin (trading/mining) and salary wages.
Probably some miners voted for this as the numbers seem quite impossible.

If the question was "who's income is 100% bitcoin" i would answer yes. I currently make more money trading crap coins than I did at my last job. But nobody is paying a salary. I would actually call my profits a capital gain since I re-invested my salary to get into the game. 

[bbeagle]

I am in the U.S. and all of my coworkers including myself are 100% paid in Bitcoin. But we are a bitcoin company though

If bitcoin's value halves, everyone's salary halves, and everyone at your company is disgruntled and looking for a new job.

If bitcoin's value goes too high, everyone gets paid too much, how does the company afford to pay anyone? Do they have a large stash of btc that they sit on and just pay as salaries? It will run out eventually, or the boss will sell it all, thus ending the company.

What you say seems impossible.

[Dafar]

100% fiat for me.. but I'd like to get into something related to BTC


The people who are getting paid in bitcoin... what do you guys do?

[Infectiphibian]

100% fiat for me.. but I'd like to get into something related to BTC


The people who are getting paid in bitcoin... what do you guys do?

Being an independent contractor makes it much easier. Most employers have no clue how to legally pay an employee in something other than a physical paycheck or direct deposit. An independent contractor could have their employer exchange the fiat for BTC through something like Coinbase, then direct deposit to your wallet instead of a bank.

[BADecker]

Soon MaidSafe, Counterparty and others will make it practical and profitable to be paid in Bitcoin or other cryptocurrencies.

Presently in the U.S., what a business should do is start to reduce wages to their key people, slowly so that government and the IRS doesn't take note. Then they should use a Bitcoin holding company - kinda like offshore - to pay the people the rest of their pay in Bitcoin.

[DeathAndTaxes]

Salary partial paid in bitcoins (by employee election).  Salary is fixed in dollars though.  Tangible Cryptography allows employees to elect in writing to receive 0% to 50% of of gross pay in bitcoins.  On advice of counsel we don't allow elections greater than 50% as it potentially can make taxes and withholding requirements complicated.

If you guys are ever hiring for telecommute positions, let me know.

Noted. We will have a few openings in the coming month and all of them will be remote.

[franky1]

my income is 100% bitcoin, and from legitimate business.. unlike the silk road teenagers of last year

[MashRinx]

I believe Andreas Antonopoulos stated in his talk at the L.A. Bitcoin meetup recorded on jan 14, 2014 that he is currently being paid 100% in Bitcoin and has been 'for the last several months', at least as of the time of the recording. 

http://www.youtube.com/watch?v=bTPQKyAq-DM

I know I have heard him state it and I think it was from that particular video, but I may have it confused with another..

[Alley]

Im most suprised that nearly a quarter of the people here dont even have jobs. 

[Lethn]

I'm not, Bitcoin is a very attractive proposition to anybody who doesn't have a job that knows anything about it, you don't get taxed the second you start making an income ( Only when you sell for paper currency ) and you don't have to deal with all the usual b.s. involved with paper money until you're ready and earning.

Frankly, I'm more surprised that not all the unemployed have gotten into Bitcoin but it just shows you what a grip central banks have on our countries.

[Bit_Happy]

Not me, maybe someday.
Getting paid in BTC and not having it tied to USD rates would be "interesting".

[devt]

Getting payed in BTC would mean that every coworker and the company would know how much you have and what you spend it on. Bye bye privacy.

[gondel]

Sometimes i have the luck to participate in projects paying with BTC , but for now i have only 0.5BTC Hope i will get more in the future!

BR,

Gondel

[go4nature]

I make around 20% of my income in cryptocoins. I mine alt coins and convert to bitcoin.

[hilariousandco]

My salary is 100% Bitcoin   - 7 (17.9%)
My salary is partially paid in Bitcoin   - 6 (15.4%)


I think a lot of people are mistaking earning from bitcoin (trading/mining) and salary wages.
Probably some miners voted for this as the numbers seem quite impossible.

Or more probably people tend to not vote honestly.

[hjbuell]

Getting people to pay in BTC is not easy, particularly when you're self employed and not providing mining hardware or system hardware.

I write - and unless a client already has BTC and is willing to pay in them, it's just far too much headache to try and convince them to jump through hoops to work with me when everyone else accepts fiat with no questions asked.

Besides, several of the clients I work with who do have BTC still choose to hold their fiat rather than use it to pay for articles and such.

I don't see how I could make it any easier - but maybe someone here has a suggestion? Scroll down to see the payment options (BTC and PayPal).

https://hjbuell.com/copywriting/