I recently convinced my employer to start paying me in BTC, it has been great

[Fivestar4everMVP]

Compared to traditional forms such as bank transfers, using Bitcoin can minimize transaction costs, especially when transferring money between different countries. The message here is that smallscale individual cases see limited financial problems and have solutions through the use of bitcoin. Not only OP, but I think we would all be very happy if our work was paid in BTC, as BTC becomes more and more popular, people see many benefits through using it. We still have to look backwards because this is a personal issue, so we need more time for people to become familiar with the technology and use BTC.

You are right, getting paid in bitcoin always feels great to be honest, at least, I've been getting paid in bitcoin for a while now, so i sure know or have an idea of how good it feels, so far, fiat currencies have not been performing well, and on top of that, it is the worst currency for cross boarder transactions, as it not only comes with a hefty fees, but the transaction is always so slow that sometimes, it could take more than two weeks before the other party gets hold of money sent to him or her.

So bitcoin has not only brought about investment opportunities, job opportunities, but also have made cross border transactions far more easier and cost effective for freelancers and those working for foreign companies online and so on.

[karabiber]

Fast money exchange is important when trading, but it makes sense to pay for online work or remote support, consulting, software and similar work with Bitcoin. The important point here is that if you have a physical shop or trading house and you turn the money in trade on a daily basis, receiving payments with bitcoin can waste your time.

For example i have a wholesale food business and when i give wholesale food materials to stores, we have to receive the payment in cash because there are suppliers who are due and i need to pay instantly, and in this case i cannot trade with the p2p method, i have to use the bank system. Here is the important part, that is, fast cash conversion. When Bitcoin achieves this, it will be completely a means of payment for me. But for me right now, Bitcoin is nothing more than a store of value and a tool for investing.

[dothebeats]

I live in an underdeveloped country, but I work remotely for a fairly good web development agency. We don't have a lot of financial services/wallets here, so we had to go circumvent a lot of obstacles for me the money to get to my local bank account. This whole process took a hefty fee, and time. And the worst part is the currency is absolutely shit and deteriorating (even compared to other fiat currencies),

Recently, I convinced them to start paying me in BTC. I save what I have to save, and convert the rest to fiat via P2P trading. Its so quicker and I get great deals, no more bullshit. I think this has been a great benefit of crypto for underdeveloped nations.

I have been accumulating bitcoin from a long time from my freelance work, but getting paid in it by my regular work feels awesome!

That's a very nice initiative and I think this was only possible because thr firm you work for are use to talk the whole Bitcoin concept if not it would have been difficult to really convince your boss to actually pay you in crypto instead of the regular fiat but all the same it's a good achievement for you and also your boss because he will be familiar more with crypto since the payment is all through Bitcoin. In a country where Bitcoin is frawn upon with a negative view it will be hard to achieve this.

You can surely say that again. It would've been hard to achieve such an agreement if OP's boss is someone who is very traditional or closed off to the idea of cryptocurrency. To people like those having such change or a foreign system is a risk that is too much for them to take just for a single employee and honestly, they'll see it as additional work that requires time and effort that they would definitely not want to give. Additionally, you're right regarding the point of legalization of Bitcoin and the society's view or opinion regarding it playing a big role for others to make a decision like this as no business wants to be in the bad light in the eyes of the law and the general people.

[EluguHcman]

Honestly, I bet if your employer is not a Bitcoiner there would be an impossibilities of being convinced to pay you on Bitcoin when they have zero ideas and considering the required processes of creating and protecting a wallet for security fairness.
I bet such risk can not be undertaken all just because of you alone when there have been functionable means to pay you.
There is not just prove to accompany your expression so I would just say it is a visionary instincts and a hope to enhance your earning through Bitcoin investments if you can get paid through Bitcoin but it would be easier if your employer is a bitcoiner then you don't need to get him convinced but ask him to pay you by Bitcoin.

[UmerIdrees]

I live in an underdeveloped country, but I work remotely for a fairly good web development agency. We don't have a lot of financial services/wallets here, so we had to go circumvent a lot of obstacles for me the money to get to my local bank account. This whole process took a hefty fee, and time. And the worst part is the currency is absolutely shit and deteriorating (even compared to other fiat currencies),

Recently, I convinced them to start paying me in BTC. I save what I have to save, and convert the rest to fiat via P2P trading. Its so quicker and I get great deals, no more bullshit. I think this has been a great benefit of crypto for underdeveloped nations.

I have been accumulating bitcoin from a long time from my freelance work, but getting paid in it by my regular work feels awesome!

Since you are working remotely and on the freelancing job, it makes it easier not only for you but for your employer as well, to give you payment in bitcoins. It would save him a lot of additional cost if he uses the bank transfer or other third party services like Western Union etc.

However, if you were doing a physical job in an office or in a multi national company, it would be impossible if the employer may accpet your desire to pay you in BTC. It is because usually the employer has similair methods of paying salary to the whole company employees, and they do not change it for only one employee.

[Renampun]

Compared to traditional forms such as bank transfers, using Bitcoin can minimize transaction costs, especially when transferring money between different countries. The message here is that smallscale individual cases see limited financial problems and have solutions through the use of bitcoin. Not only OP, but I think we would all be very happy if our work was paid in BTC, as BTC becomes more and more popular, people see many benefits through using it. We still have to look backwards because this is a personal issue, so we need more time for people to become familiar with the technology and use BTC.

because I have felt for myself the benefits of getting a salary with bitcoin (currently I can say I am enjoying it, getting a salary from signature with bitcoin) if I had a boss, then I would not hesitate to tell my boss to pay my salary with bitcoin. my reason is simple, I see bitcoin as a currency and also the best investment asset right now, I can use part of the bitcoin I get to live and then the rest I will use as an investment.

[romero121]

Compared to traditional forms such as bank transfers, using Bitcoin can minimize transaction costs, especially when transferring money between different countries. The message here is that smallscale individual cases see limited financial problems and have solutions through the use of bitcoin. Not only OP, but I think we would all be very happy if our work was paid in BTC, as BTC becomes more and more popular, people see many benefits through using it. We still have to look backwards because this is a personal issue, so we need more time for people to become familiar with the technology and use BTC.

because I have felt for myself the benefits of getting a salary with bitcoin (currently I can say I am enjoying it, getting a salary from signature with bitcoin) if I had a boss, then I would not hesitate to tell my boss to pay my salary with bitcoin. my reason is simple, I see bitcoin as a currency and also the best investment asset right now, I can use part of the bitcoin I get to live and then the rest I will use as an investment.

For cross border transactions bitcoin used to be a source through which things can be more effective than making transactions in the form of fiat. OP is positive about bitcoin and he had requested for the salary in terms of bitcoin. When received in bitcoin it ease the choice of investment, because we can just sell what is required for our daily life and keep the remaining in terms of bitcoin or other cryptocurrencies as investment.

Long back itself this had been getting practiced in some part of the world. Many companies have begun to pay in terms of bitcoin, depending on the request from the employees. Maybe we can expect this get spread in the leading corporates of the world.

[Mauser]

Recently, I convinced them to start paying me in BTC. I save what I have to save, and convert the rest to fiat via P2P trading. Its so quicker and I get great deals, no more bullshit. I think this has been a great benefit of crypto for underdeveloped nations.

I have been accumulating bitcoin from a long time from my freelance work, but getting paid in it by my regular work feels awesome!

That's great news, I am glad that more people are being able to take advantage of crypto currencies. It's these success stories that will keep push the crypto community further and let other people join it. In the end it's up to the average crypto user to try and promote the everyday use of bitcoins and other cryptos. Either through asking merchants to accept our coins as a form of payment or by asking our employer to pay us through bitcoin we can spread the use of cryptos. The benefit of being paid in bitcoins compared to your local more volatile fiat currency could also help your colleagues. Maybe if your employer is open to the idea you could try and get all your colleagues to be at least partially paid also in bitcoin.

[Blitzboy]

Recently, I convinced them to start paying me in BTC. I save what I have to save, and convert the rest to fiat via P2P trading. Its so quicker and I get great deals, no more bullshit. I think this has been a great benefit of crypto for underdeveloped nations.

I have been accumulating bitcoin from a long time from my freelance work, but getting paid in it by my regular work feels awesome!

That's great news, I am glad that more people are being able to take advantage of crypto currencies. It's these success stories that will keep push the crypto community further and let other people join it. In the end it's up to the average crypto user to try and promote the everyday use of bitcoins and other cryptos. Either through asking merchants to accept our coins as a form of payment or by asking our employer to pay us through bitcoin we can spread the use of cryptos. The benefit of being paid in bitcoins compared to your local more volatile fiat currency could also help your colleagues. Maybe if your employer is open to the idea you could try and get all your colleagues to be at least partially paid also in bitcoin.

Its not enough to just sit back and watch the success stories; we need to become the success stories. Pushing for crypto's everyday use is crucial. How can we expect mainstream adoption if we dont ourselves actively promote and utilize it in daily transactions? Now, onto your point about getting paid in bitcoin.

The potential benefits of such an arrangement are undeniable. But, and this is a big but, convincing an employer isnt as simple as showing them the benefits for the employees. Its about addressing the issues that might arise from regulatory perspectives, tax implications, and the potential volatility. Overcoming these challenges demands collective effort. Why not organize a knowledge-sharing session at your workplace? Dive deep into the nuances, debunk myths, and highlight the potential of a crypto-integrated payroll. The more we know, the more powerful our arguments become.

[BGoodwin]

How are you handling your tax issues or are you skipping those too?

[dunfida]

Recently, I convinced them to start paying me in BTC. I save what I have to save, and convert the rest to fiat via P2P trading. Its so quicker and I get great deals, no more bullshit. I think this has been a great benefit of crypto for underdeveloped nations.

I have been accumulating bitcoin from a long time from my freelance work, but getting paid in it by my regular work feels awesome!

That's great news, I am glad that more people are being able to take advantage of crypto currencies. It's these success stories that will keep push the crypto community further and let other people join it. In the end it's up to the average crypto user to try and promote the everyday use of bitcoins and other cryptos. Either through asking merchants to accept our coins as a form of payment or by asking our employer to pay us through bitcoin we can spread the use of cryptos. The benefit of being paid in bitcoins compared to your local more volatile fiat currency could also help your colleagues. Maybe if your employer is open to the idea you could try and get all your colleagues to be at least partially paid also in bitcoin.

Its not enough to just sit back and watch the success stories; we need to become the success stories. Pushing for crypto's everyday use is crucial. How can we expect mainstream adoption if we dont ourselves actively promote and utilize it in daily transactions? Now, onto your point about getting paid in bitcoin.

The potential benefits of such an arrangement are undeniable. But, and this is a big but, convincing an employer isnt as simple as showing them the benefits for the employees. Its about addressing the issues that might arise from regulatory perspectives, tax implications, and the potential volatility. Overcoming these challenges demands collective effort. Why not organize a knowledge-sharing session at your workplace? Dive deep into the nuances, debunk myths, and highlight the potential of a crypto-integrated payroll. The more we know, the more powerful our arguments become.

The thing we do really avoid on when making suggestions is that it could really potentially make us really that being scared in terms of possible conflicts specially against with your employer.You are just basically putting up yourself on possible interrogation considering making out some suggestions as if you do know on how to handle a business but somewhat its not really that bad to make out those kind of recommendations for the better
because not all would really be that too open-minded when it comes to suggestions on which means that people or employees would really be that not that have that kind of strong or dedication
on telling on what are their ideas on mind but rather they would really be just staying up that silent and wont really putting up any care at all.
If ever they would be hearing out some suggestions then this is the time that you would be making one.

[Bitstar_coin]

That's the beauty of btc to be honest. Especially receiving money from other countries. Unlike moneygram, western union and other similar cash wire transfers where you will be required to go through rigorous process and procedures btc gives a seamless transfer. It is just a click of the send button.

[_BlackStar]

That's the beauty of btc to be honest. Especially receiving money from other countries. Unlike moneygram, western union and other similar cash wire transfers where you will be required to go through rigorous process and procedures btc gives a seamless transfer. It is just a click of the send button.

This is one of the innovations that bitcoin has brought to its community – of course. Anyone can send and receive bitcoin wherever they are - it's quite easy and simple although transaction fees can sometimes be expensive.

Under certain circumstances - bitcoin may be overlooked by many people for use as a means of payment, mainly because transaction fees are expensive for some reason. I know this isn't a big deal for anyone who is okay with transaction fees - but most users will switch to altcoins that have low transaction fees. Bitcoin can be used as an alternative or main currency - but I'm sure not everyone will be willing to adopt it. The OP managed to force her employer to pay her salary in bitcoin - while some social media influencers or other freelancers may have already accepted bitcoin as a means of payment before him.

[Youngkhngdiddy]

That's the beauty of btc to be honest. Especially receiving money from other countries. Unlike moneygram, western union and other similar cash wire transfers where you will be required to go through rigorous process and procedures btc gives a seamless transfer. It is just a click of the send button.

   Some people spread the misconception that Bitcoin has no intrinsic value. The U.S. dollar has no intrinsic value. People give it value because it is supported by the United States, and even more so by the U.S. military.  Bitcoin brings a lot of benefits and freedom to its user. Bitcoin is borderless, You can send your BTCs to the other side of the world securely in just 10 minutes. The freedom to live their lives on their own terms. The impacts of Bitcoin are enormous and many find it hard to see that Bitcoin protects fundamental human rights.
  Bitcoin promotes freedom. It enables anyone, anywhere to send, receive or store their wealth. It also prevents governments or corporations from meddling in these transactions. If we turn now to the subject of the Bitcoin protocol, mainstream arguments regarding its political dimensions often centered its “absence of interference from a central authority.” That pivotal aspect of the blockchain is negative freedom writ large.

[TakeItEasy]

I live in an underdeveloped country, but I work remotely for a fairly good web development agency. We don't have a lot of financial services/wallets here, so we had to go circumvent a lot of obstacles for me the money to get to my local bank account. This whole process took a hefty fee, and time. And the worst part is the currency is absolutely shit and deteriorating (even compared to other fiat currencies),

Recently, I convinced them to start paying me in BTC. I save what I have to save, and convert the rest to fiat via P2P trading. Its so quicker and I get great deals, no more bullshit. I think this has been a great benefit of crypto for underdeveloped nations.

I have been accumulating bitcoin from a long time from my freelance work, but getting paid in it by my regular work feels awesome!

If your monthly budget is good then it would be better so save them there in the bitcoin and it should be a secured wallet that could give you some hope of a better future. Also you have to start some trading in your free time by just investing these bitcoin or it is your choice if you want to hold them for the future and if you want to sell them and convert them in any other altcoin of your choice to start investing in them. That would also make some money for you. I hope you would also got some knowledge about the bitcoin and about the trading from the start.

So, thinking about at your place, it is so awesome to get the monthly salary in the bitcoin after working for every month. Take care of these bitcoins for the bull season and get the more money.

[yazher]

That's a great option you have there and when you have multiple sources of income in which you can support your essential needs, it's best to have that total bitcoins salary rather than fiat especially when you want to hold it for the long term because it could even multiple your salaries for sure when you have enough patience to wait. Nevertheless, if you are willing to sacrifice your hard work and save your earnings from it, you better save it in bitcoins because it won't be just secured for you but it has a high chance of multiplying as well.

[Xampeuu]

That's a great option you have there and when you have multiple sources of income in which you can support your essential needs, it's best to have that total bitcoins salary rather than fiat especially when you want to hold it for the long term because it could even multiple your salaries for sure when you have enough patience to wait. Nevertheless, if you are willing to sacrifice your hard work and save your earnings from it, you better save it in bitcoins because it won't be just secured for you but it has a high chance of multiplying as well.

It would be better if our salary was to invest in Bitcoin, especially during a bearish season like now, of course it would be more profitable to be paid in Bitcoin. However, currently most people still rely on salaries to meet their living needs, and most people still use fiat for transactions, so I think for the situation and conditions in my country, maybe a fiat salary is still feasible, and if there is any left over we can still invest it in Bitcoin easily

[Abiky]

I live in an underdeveloped country, but I work remotely for a fairly good web development agency. We don't have a lot of financial services/wallets here, so we had to go circumvent a lot of obstacles for me the money to get to my local bank account. This whole process took a hefty fee, and time. And the worst part is the currency is absolutely shit and deteriorating (even compared to other fiat currencies),

Recently, I convinced them to start paying me in BTC. I save what I have to save, and convert the rest to fiat via P2P trading. Its so quicker and I get great deals, no more bullshit. I think this has been a great benefit of crypto for underdeveloped nations.

I have been accumulating bitcoin from a long time from my freelance work, but getting paid in it by my regular work feels awesome!

Congrats to the OP. Not everyone gets the priviledge of getting paid in BTC. Especially, when most employers are skeptical of it. In developing countries, BTC does wonders to low income families. The only issue is paying a high fee per transaction due to increasing network congestion. It's not feasible to send small amounts of money to family and friends through the BTC blockchain with such high fees. If you're getting paid a decent amount of money, it wouldn't matter.

Nevertheless, seeing wages paid in BTC is a very good sign of crypto/Blockchain tech adoption. We're slowly heading into "hyperbitcoinization". If this keeps up, BTC could replace Fiat in the future. Just keep holding on tight, and who knows if you become rich someday?

[HelliumZ]

I live in an underdeveloped country, but I work remotely for a fairly good web development agency. We don't have a lot of financial services/wallets here, so we had to go circumvent a lot of obstacles for me the money to get to my local bank account. This whole process took a hefty fee, and time. And the worst part is the currency is absolutely shit and deteriorating (even compared to other fiat currencies),

Recently, I convinced them to start paying me in BTC. I save what I have to save, and convert the rest to fiat via P2P trading. Its so quicker and I get great deals, no more bullshit. I think this has been a great benefit of crypto for underdeveloped nations.

I have been accumulating bitcoin from a long time from my freelance work, but getting paid in it by my regular work feels awesome!

You may have a great idea but it can create quite a few complications. Since you want to receive your salary through bitcoin then your salary must be received through binance pitoopy trading. Other than that if you accept Bitcoin as salary in any other way then who will bear the cost of extra Bitcoin in paying your salary when Bitcoin transaction fees increase. In this caseIf the fee is deducted from your salary then your salary will be much less than fiat. In this case, you must seriously consider transaction fees. Despite all these problems, various organizations may not be adopting Bitcoin as a payment system.

[barisbilgili]

It would be better if our salary was to invest in Bitcoin, especially during a bearish season like now, of course it would be more profitable to be paid in Bitcoin. However, currently most people still rely on salaries to meet their living needs, and most people still use fiat for transactions, so I think for the situation and conditions in my country, maybe a fiat salary is still feasible, and if there is any left over we can still invest it in Bitcoin easily

If we can get payment from the income we get through Bitcoin, of course it will be easier for us if we want to save it and take it only for the needs we really need and we can use the rest as an investment. If we can do this well, of course we will be able to get profits from the investments we make, but it depends on us whether we will be able to restrain ourselves from taking all the income we have earned or not.