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Author Topic: Steak 'n' shake now pays their workers in bitcoin  (Read 354 times)
Alone055
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December 29, 2025, 05:35:00 PM
 #41

Where is it mentioned that they are paying their workers in Bitcoin? If it is about their response quoting Michael Saylor then I must say that their statement doesn't actually mean that they pay all their employees with Bitcoin, but they just said that if Michael Saylor works for them, they are ready to pay him in Bitcoin because Saylor had said in his tweet that he will work for Bitcoin. So, I'm assuming that they are not paying their employees in Bitcoin, but as someone else said, they might have the option available for their employees if someone wants to avail it.

Such things are surely going to help Bitcoin in its journey towards greatness, however, I personally wouldn't prefer getting paid in Bitcoin for a full-time job, considering the fact that Bitcoin is a volatile asset, and it can either gain or lose value pretty quickly sometimes. So like if I receive my salary in bitcoin, and before I get the chance to sell it and get the cash since I would definitely need it, the price might drop before I sell my bitcoins, and that is going to make me lose money, which I wouldn't want as a salaried person.

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yhiaali3
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December 29, 2025, 06:30:38 PM
 #42

I'm pleased to hear that Steak 'n Shake has officially announced it will accept Bitcoin for its services, pay its employees in Bitcoin, and add all Bitcoin payments to its strategic reserves.

While this is generally positive, I don't expect it to have a major impact. Steak 'n Shake is a mid-sized company, so its effect won't be significant. But the good news is that this might encourage customers to become more familiar with Bitcoin by using it as a legitimate payment method not just for investment purposes.


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ZAINmalik75
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December 29, 2025, 07:42:36 PM
 #43

Such things are surely going to help Bitcoin in its journey towards greatness, however, I personally wouldn't prefer getting paid in Bitcoin for a full-time job, considering the fact that Bitcoin is a volatile asset, and it can either gain or lose value pretty quickly sometimes. So like if I receive my salary in bitcoin, and before I get the chance to sell it and get the cash since I would definitely need it, the price might drop before I sell my bitcoins, and that is going to make me lose money, which I wouldn't want as a salaried person.
Why would someone want to get paid in bitcoin in the first place if they will sell them immediately? That doesn't make any sense which is why it's obviously important for an employer to give the employees the option to choose between bitcoin and fiat and they should even allow them to decide if they want a certain percentage of their salary in bitcoin and the rest in fiat because this way the employees will be allowed to get some cash in hand to use for personal expenses and then some bitcoin that they can save and of course, this option will only be useful for those who are stacking some sats every month.

If someone doesn't get to save any money because their expenses are high and they can't be covered if a portion of their salary goes into savings or investments then they should be allowed to take all their salary in fiat. So definitely, keeping it optional will surely be the best thing for the employees and their convenience.

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