Crypto as job salary - Yay or Nay?

[avp2306]

So long as it stills offers money values,its also another form of money,I don't have issues with that.

Money is money. Bitcoin is money. Bitcoin is a currency. It has always been the purpose of bitcoin isn’t it? To be used as an actual currency and to be used for transactions without any third party breathing down your neck. What I would be concerned about though is the taxes they could charge you from receiving bitcoin as your salary and you decide to swap some of it for fiat or other currencies.

From what I know the taxes on bitcoin you’ve receives will increase if the value also increased over the course of time.

Yes that it is if the question will only flow for us yes for sure that we would provably like to receive bitcoin as our salary. But if we think about other people who's not familiar with this then maybe there would be a problem arise with that. Also for sure lots of people will struggle especially if they don't know how to use their bitcoin also if they got crazy of its volatility since it will take some of there hard earned money if bitcoin price fall down.

That's why for now its no for me since bitcoin need to introduce properly and there's no need to rush all of things regarding on its adoption since maybe we can see this a failure especially if there are law makers will be concern regarding on the unstable feature of it also how they could able get some tax from people accepts it.

[fat buddah]

The only problem is complete transparency on the blockchain.

I'd prefer my employer not know my bitcoin wallet, previous and future bitcoin transactions. The same way I don't show them my bank statements month to month.

And yes, I'll not be willing to use mixers just to get locked out of the tradfi world and make myself another struggle cashing out btc for fiat.

Why is that such a big issue? I mean, they might know your receiving address, but not keyes, no way they'd be able to get access to your wallet. And they wouldn't know where exactly would you send it.

[GxSTxV]

I make a living online and get paid in cryptocurrency which is something that works well for me. I had the chance to use fiat currencies only when I was younger. Since the early start of Bitcoin, I have been learning and earning as a freelancer. I can see the differences between fiat and cryptocurrency, and I am happy being paid in Bitcoin and sometimes stablecoins like USDT, which I easily exchange for Bitcoin.

The advantage for me is that I don’t have to pay taxes on my earnings. Regarding market volatility, Im always optimistic. For example, I use 70% of my salary and hold onto 30% of it. Therefore the fluctuations in Bitcoin prices doesnt bother me.

[Hanadawa]

Let's say you have a job that gives you the option to have your salary paid in BTC, ETC, or any other cryptocurrency, would you prefer that or would you rather still be paid in fiat? If you'd prefer crypto payment, which currency would you choose and why?
This would be your hard-earned money that can either grow on its own or shrink in value within a small time.

I usually use my salary for daily needs. I buy basic necessities, pay monthly bills, or as an emergency fund. So I personally prefer FIAT money because currently FIAT currency is the one that can be used most by everyone. If I try to choose BTC or ETH as my salary then there is a possibility that I will still have to make withdrawals for my daily needs. This is difficult for me because I believe Bitcoin and altcoins will provide a massive revolution and now is the right time to HOLD as much bitcoin as you can.

But if the salary offered is a big salary then of course I will choose BTC payment because I like Bitcoin and it is the safest digital asset I know. - CMIIW

[teamsherry]

That would definitely be a good improvement if the government were to approve crypto currency as payment for workers pr at least give them that option, but the question I'll ask is which crypto if its some meme coin hell no ill rathe take my chances with fait than having some wanna be volatile junk shit as payment for my work, but if its bitcoin although also volatile at least can last at a price till I trade what I want and keep the rest.

[Ludmilla_rose1995]

Let's say you have a job that gives you the option to have your salary paid in BTC, ETC, or any other cryptocurrency, would you prefer that or would you rather still be paid in fiat? If you'd prefer crypto payment, which currency would you choose and why?

This would be your hard-earned money that can either grow on its own or shrink in value within a small time.

I would be very grateful to the business owner if he gave me a salary via bitcoin because I already know that the benefits of receiving a salary with bitcoin are much greater than receiving a salary via fiat, the fluctuating price of bitcoin means that I have the opportunity to make a profit when the salary comes in and usually the salary provider will using the dollar rate to pay employees via bitcoin

am I imagining it or not but in the future there will definitely be many companies that pay their employees via bitcoin