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Author Topic: Would you like to get paid in Bitcoin?  (Read 4317 times)
bitkilo
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November 05, 2014, 02:10:18 AM
 #21

i don't think i would want all my pay in bitcoin just yet, the market can be very volatile. BTC could easily lose 10-20% overnight and a $1000 weekly pay check might be $100-200 lighter. Would make it hard to budget.

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November 05, 2014, 02:16:30 AM
 #22

yeah, i would like.
but u know if everyone can get paid in Bitcoin, then who else would stay in bank or company?
MilesJohan
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November 05, 2014, 03:52:40 AM
 #23

...
Getting paid in bitcoin is a huge step in making the economy grow, quite possibly the biggest single thing. 
...


Agreed. I've been saying this for a while, especially over the past 6 months as people have been trumpeting the various merchant-acceptance announcements. That's obviously a great thing long-run too, but the situation has gotten too lopsided, and we need more bitcoin wages.

Love seeing the Bitwage launch. Hopefully this and BitPay's Payroll API will start to close the loop...
I would say that we need to see more merchants accept bitcoin that also offer some kind of discount/incentive for paying in bitcoin. If people are paid in bitcoin, but have no incentive to actually spend their bitcoin in the bitcoin economy then they will simply sell their newly acquired bitcoin on exchanges

MileyJohanson
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November 05, 2014, 10:10:20 AM
 #24

It's much easier to exchange fiat for bitcoins myself and I wouldn't want a bankaccount at some new unproven-to-be-safe bank.
This looks as an effort to centralize things and should not be trusted blindly.
Daniel91
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November 05, 2014, 10:19:24 AM
 #25

...
Getting paid in bitcoin is a huge step in making the economy grow, quite possibly the biggest single thing. 
...


Agreed. I've been saying this for a while, especially over the past 6 months as people have been trumpeting the various merchant-acceptance announcements. That's obviously a great thing long-run too, but the situation has gotten too lopsided, and we need more bitcoin wages.

Love seeing the Bitwage launch. Hopefully this and BitPay's Payroll API will start to close the loop...
I would say that we need to see more merchants accept bitcoin that also offer some kind of discount/incentive for paying in bitcoin. If people are paid in bitcoin, but have no incentive to actually spend their bitcoin in the bitcoin economy then they will simply sell their newly acquired bitcoin on exchanges

Agree with this.
Right now, I'm paid in bitcoin through my bitcoin signature campaign, but still I don't see many good shops or merchants, where I can spend this earned bitcoin.
So, mostly, I still have just 2 choices, to keep this bitcoin or withdraw.

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allthingsluxury
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November 05, 2014, 02:07:09 PM
 #26

More and more people are taking this option.

Elwar (OP)
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November 12, 2014, 04:18:43 PM
 #27

Updated the OP. Will post more until I am finally being paid 100% in Bitcoin.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
Elwar (OP)
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December 15, 2014, 09:01:59 AM
 #28

Updated OP again.

I set up a test case so that $500 of my paycheck gets paid in Bitcoin.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
The Chainmaker
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December 15, 2014, 09:05:24 AM
 #29

someday people might not have a choice.  they will just get paid in Bitcoin by default.

If it can be digitized, it should be decentralized
ikydesu
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December 15, 2014, 11:24:28 AM
 #30

yeah, i would like.
but u know if everyone can get paid in Bitcoin, then who else would stay in bank or company?

Over 7 millions people life in this planet, not everyone can get paid in btc Roll Eyes especially bangladesh Roll Eyes
Stedsm
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December 15, 2014, 11:26:21 AM
 #31

I wouldn't mind having a certain percentage of my monthly salary converted to bitcoin. I think there is a way to do this with coinbase?

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Elwar (OP)
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December 15, 2014, 12:42:33 PM
 #32

I wouldn't mind having a certain percentage of my monthly salary converted to bitcoin. I think there is a way to do this with coinbase?

You can do that with bitwage.co, check the OP.

Does your direct deposit allow you to put a percentage into multiple bank accounts?

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
Elwar (OP)
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December 20, 2014, 11:23:51 AM
 #33

Updated OP again.

I was able to get $500 of my paycheck converted to bitcoins. Went through to my Bitcoin address. Next step, full bitcoin paycheck.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
Daniel91
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December 20, 2014, 11:32:56 AM
 #34

At the moment, I'm paid for my signature campaign.
It will be great one time in the future, to be paid in BTC for my regular job, to receive my monthly salary in BTC Smiley
Of course, main condition for this will be to be able to spend this bitcoin everywhere, like dollar or Euro today.

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DICE
EVENT
BETTING
WIN A LAMBO !

.
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TrailingComet
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December 20, 2014, 03:26:30 PM
 #35

$500 is a great outcome for starters. congrats.
I will wait until there are more spending options in my geography, then follow your example

fenican
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December 20, 2014, 03:31:14 PM
 #36

It is also risky to get your pay check in fiat. Ask anyone in Russia...
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December 20, 2014, 03:34:00 PM
 #37

I find it a little bit to risky at this moment. I prefer dollars or euros and spend the part i want to in bitcoins.
youngmike
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December 20, 2014, 03:34:46 PM
 #38

I don't want to get paid with something that's already going out of fashion  Smiley
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December 20, 2014, 06:27:00 PM
 #39

I don't want to get paid with something that's already going out of fashion  Smiley

OK.
That's it.
The gloves are off Young Mike.

I hope you are not too young because i am going to kick your arse.
youngmike
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December 20, 2014, 07:24:19 PM
 #40

I don't want to get paid with something that's already going out of fashion  Smiley

OK.
That's it.
The gloves are off Young Mike.

I hope you are not too young because i am going to kick your arse.

Shut up newbie-boy  Smiley I'm the man. I made profits a year ago and now I'm the winner and those who came too late in the game and are still on the boat are Bob's food  Smiley
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