Crypto as job salary - Yay or Nay?

[Aanuoluwatofunmi]

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?

I will prefer being paid in bitcoin, because i have a lot of prospects in using a decentralized digital currency like bitcoin than when i chose being paid in fiat under a centralized financial system.

If you'd prefer crypto payment, which currency would you choose and why?

bitcoin still remains and I've already stated the reason for that above.

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

if i cant afford to hodl in bitcoin and needs money for my daily needs, i will immediately convert some amount to USDT and and use them for up keep and for exchange purpose, while the ones i needed to safe up will remain in bitcoin as a log term investment.

[passwordnow]

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?

I'd prefer to get paid with Bitcoin or any other crypto as long as it's an option or if the company will ask us weekly if what we prefer. But if it's a permanent thing then it won't be a problem to me whatever they prefer as long as it's BTC or any of the top altcoins. We've been used to it so that's not going to be a problem to me.

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

That's fine, I've been used to the risk and volatility of the market so it won't bother me anymore. Receiving crypto as a salary is a YAY and it sounds good, actually better if you're also a crypto investor. You don't need to think about purchasing it as you can basically hold it for your convenience as you treat it as an investment.

[uneng]

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?

I prefer to be paid in BTC. I'm already used to it due to signature campaigns' payments, and it doesn't bother me in anyways. I learned how to organize my budget properly, converting the sum of money I need for daily expenses into fiat currency, while keeping the rest in BTC currency untouched. When you earn in Bitcoin, I feel like it encourages to invest more and spend less.

Also, it's much more accessible to invest when you receive your money in Bitcoin, than having to be paid in fiat to purchase Bitcoin right after, especially nowadays with the government crazy to tax and track all your investments' steps. Moreover, taxes are really abusive over crypto investments, so it's better that you are paid in Bitcoin and cashout it into fiat in small amounts, always you need the money.

On long run there is also another advantage, which is the fact your money is gaining more value when kept in BTC currency. On the other hand, you would be losing purchasing power by letting your money idle or invested at traditional investments categories at fiat banks, due to inflation.

[atookz]

It's actually interesting, the only thing that's stuck in my mind is what about fluctuations? The price of crypto certainly won't be the same every month, so if the salary for a job using crypto will definitely be a different amount every month, it might be a bit troublesome in my opinion. I can't imagine the details of the method for paying job salaries with crypto. But I've read that software development service provider Sequoia Holdings LLC allows employees to receive part of their salary in the form of cryptocurrency or digital currencies such as Bitcoin. They use a third party to run a salary payment program with crypto and the salary will be transferred to a recognized digital wallet. For now I choose payment by fiat because I don't know the detailed method yet, but it doesn't rule out the possibility that in the future I will also want to pay my work salary using crypto. And of course I will choose bitcoin and ethereum which I think are more secure.

[tabas]

It is my salary and I need some of it to get by each month so I will have to take some in fiat. If I am allowed to pick a percentage, I will take 70% in fiat and 30% in Bitcoin. No other cryptocurrency will be considered.

If I have to pick one, I will take 100% in fiat then buy bitcoin with the amount I want to from each pay cheque. This will change as my financial outlook changes.

- Jay -

I'd also do this, if it's my salary and my main source of income. Then, I'd just get a portion of fiat and Bitcoin from it. Well, that will be hassle to the company to cut the other and do the rest in fiat but if that's the incentive that they're giving to employees like me then I'd gladly accept that. But just as you've said, if it's going to be crucial for me and my situation that I have to pick one and in times like this. I'm good with my current BTC holdings so I'd choose fiat as well and will do the cut on my own for doing DCA for my additional BTC holdings.

[Silberman]

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.

Where I live there are very limited options when it comes to using my coins directly to buy what I want, so in the case I wanted to make even some of the smallest and simplest transactions you can imagine, I will still need to convert my coins to fiat, so when you add the all the fees I would need to pay and the inconvenience of doing so, I will still like to receive my salary in fiat, and once I pay for all what I need, I would then allocate a portion of my remaining capital to buy more bitcoin.

[target]

Yay!

If there is an option to receive USDT, I think this will be a better option and then you have the chance to choose which crypto to invest for yourself.
I would probably provide a USDT wallet from an exchange if this is what my purpose would be just so I could easily try investing without having to send them to an exchange.

[Gaza13]

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.

For example, if you are paid in crypto currency, what if there is a transaction or a heavy spike during delivery, will the company cover all of this? Of course not, the company will incur extra costs to send it. What if there is a reduction, who will be the loser? We should get the appropriate salary standards. Meanwhile, we need it for daily life at a price that is quite expensive due to inflation every year. Indeed, this asset is quite good for investment, but this method is not good in my opinion. Of course the company will comply with the rules that apply in its country regarding fiat money.

[michellee]

I prefer to be paid in fiat because I can control how much fiat I will use to invest in Bitcoin. I will manage that salary and adjust it to my family's needs. After that, I will know how much money I can use to invest in Bitcoin.

If Bitcoin has become a means of payment in my country and my company replaces my salary using Bitcoin, I will accept it. But if my country or company doesn't use Bitcoin, I prefer to stick with fiat. It depends on the situation and conditions in our respective places.

We have to look at the situation in our country first before deciding to accept a salary in Bitcoin. If receiving salary in Bitcoin is permitted, we may receive it in Bitcoin.

[Maus0728]

You could've put a poll to get a more clear answer to this question OP but to me I think that it's going to be a nay for me, we have to remember that cryptocurrency is a volatile asset which means that it can be going up today and it could suddenly go down in an hour, the movement of the price is unpredictable even if there's some reliable technical analysis that's involved, the inherent volatility of most cryptocurrency is just too much which can only mean that if it's going to be your salary, you're going to have a hard time balancing your basic needs and your payment for house or rent if you've got a cryptocurrency for salary, remember that what you need for your salary is something stable enough that you won't starve or become homeless.

Maybe you can get away with doing that if that salary is from a side hustle but other than that, you got to be kidding me to be doing that with your main job so it's going to be a no for me.

[coolcoinz]

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'd choose bitcoin of course, so the answer is yay. Since we're in "bitcoin discussion" I wouldn't want to be paid in crypto, but I'd like to be paid in bitcoin.

With how volatile the cryptocurrency market is, I don't think that it's ever a good idea to be doing that,

Oh really? And fiat money is the stability you're looking for, right?

[Smartvirus]

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.

Over the course of last year and the year before that, we had celebrities that wanted their wages to be paid by them promoters using Bitcoin, even some of the sport guys too, mainly baseball. This did make the news and trend for a while before it gradually didn’t feel like anything new. It’s a rare opportunity but, it ain’t anything new to receive your payment in Bitcoin.

If you happen to be working with any organization or corporation that gives you the leverage to choose a payment media in cryptocurrency, of course it would be best you go Bitcoin today or any other day. You should make certain considerations though, like the network fee which might serve some delays but, you’ve still got some benefits.

Like, you don’t get to plan on how you’re going to reinvest or invest in Bitcoin no more. The most you would find yourself doing is, withdrawing just what you need and being a hodler on the rest. It plays into having a good Bitcoin investment plan without any actual planning.

[milewilda]

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.

Would be going with fiat because you dont want for your salary to shrink or would be dropping its price on the time that you do receive it on which we do know crypto that it could really be able to happen
on where several minutes or hours will really be something ends up on some correction. Same goes with pumping market then it could potentially be able to give out that kind of gains too
but even as a crypto enthusiast, you cant really be able to deny that you would really be that still preferring fiat. You could still have the option whether you would investing on crypto later
on or would really be tending to get that full amount or fixed ones. It will really be that falling into someones preference and need in the end of the day.

[hatshepsut93]

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

Both fiat currencies and cryptocurrencies are very liquid, so it's not so important how you get paid. You can convert between them quite easily. I already have Bitcoin and I need fiat to pay my bills and buy things, so if I were paid in Bitcoin,I would just convert it to fiat.

Getting paid in Bitcoin makes sense for someone who does DCA, but they wouldn't want they whole salary paid in BTC - only the amount they allocate each month.

[electronicash]

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.

Would be going with fiat because you dont want for your salary to shrink or would be dropping its price on the time that you do receive it on which we do know crypto that it could really be able to happen
on where several minutes or hours will really be something ends up on some correction. Same goes with pumping market then it could potentially be able to give out that kind of gains too
but even as a crypto enthusiast, you cant really be able to deny that you would really be that still preferring fiat. You could still have the option whether you would investing on crypto later
on or would really be tending to get that full amount or fixed ones. It will really be that falling into someones preference and need in the end of the day.

if stablecoin is considered crypto, receiving stablecoin as a salary would be much preferred.  its value remains as is regardless of the fluctuating crypto markets.  stablecoin will be the preferred one for employees.

but i'm wondering which company is going to be doing this. unless it's an online job it's going to be logical. if there is just a platform for employers to look for users accepting stablecoin, i think many of us are already in that platform looking for a job.

[Kristiyana]

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.

Actually everyone is entitle to decide what is best for him/her in my own opinion I prefer to be paid in fiat, reason is because you can't really predict the future of bitcoin. because the value can drop at any given time, you know bitcoin value is not stable always it varies secondly even when you get paid in btc before you can use it you will still need to covert it and this process is still going to cost you some amount of money and after this whole process you won't get that exact amount that they paid you as your salary. that is why is good to check the advantage and also the disadvantage before making any decision.

[Zlantann]

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 don't really care about the currency, what matters is how much I am being paid. If I am paid in Bitcoin or other cryptocurrencies I will still have to convert some to fiat to enable me to use them for my daily expenses. If I am receiving payment in fiat I will still have to convert some of them to Bitcoin as my investment. My major focus or concern will be to have a high-paying job that can cater to my needs and still provide some amount of savings for my investment in Bitcoin and others.

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

One can earn in fiat but keeping or saving your money in the bank will be a costly mistake. Inflation leads to the loss of value of many fiat currencies. It will be better to invest in a sector that will bring profits to help cushion the effect of currency loss of value and Bitcoin has proved over the years to be a good hedge against inflation.

[KingsDen]

Getting paid in crypto doesnt really matter. There are tons of signature promoters on bitcointalk which get paid in cryptocurrency. The issue lies more what you do with it after you receive your pay check.

This is also my stance on this topic. Whether paid in cryptocurrency or in fiat, you can swap between them. So, it all boils down to what the receiver wants. To save in bitcoin or in fiat. With the instance adaseb gave, you can understand that some signature campaign participants do not even spend from their earnings. They allow it to grow with bitcoin while some send direct to exchanges and convert to fiat. But keeping part in bitcoin and the spendables in fiat seems a nice idea.

[Mr.suevie]

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.

Well it's depends to how usable that salary is to you because if it's something you depend on for your means of livelihood then I believe having it in crypto is probably not the best idea although their is still the choice you chosing to save part of it if it's in crypto and then maybe sell the rest and use it for whatever purpose deemed fit. If am to choose the cryptocurrency then I think Bitcoin or USDT will probably be the option I would go for.

[Dzwaafu11]

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.

The fact that I'm going to change it to fiat even after getting paid, I think I will just go for fiat if I am allowed to choose the currency I want to get paid with, but if I must be paid with bitcoin, I will accept it. because if my job is my only source of income, what will be the use of accepting my salary in bitcoin when I know I will not invest at that time? Furthermore, bitcoin is very volatile; the price can change at any time, so I think it should be better for me to go for fiat. Perhaps if I am ready to invest, then I can change the means of getting paid to maybe bitcoin or crypto that I want to invest in at that time.