Author

Topic: 2014-06-02 Blockchain.info CEO: We Pay Employees in Bitcoin. And Someday You Mi (Read 872 times)

sr. member
Activity: 406
Merit: 250
Being actually paid in btc might take a while to become mainstream.
More than buying/selling products anyway.
Companies would be afraid of tax control and being deemed illegal.

Contract positions would be easier to get for sure. No need to deal with social security and taxes. Just issue a 1099 each year. 
hero member
Activity: 490
Merit: 500
Being actually paid in btc might take a while to become mainstream.
More than buying/selling products anyway.
Companies would be afraid of tax control and being deemed illegal.
hero member
Activity: 756
Merit: 1000
Jimbob's, a sandwich shop in Oxford pays a percentage of it's staffs wages in bitcoin.
legendary
Activity: 3766
Merit: 1217
Blockchain.info is still having less than 100 employees. But it would be really great, if some of those bigger companies pay their employees through Bitcoins. What we need is a start. Adoption will catch on later.
sr. member
Activity: 406
Merit: 250
Making up for the secondary source and adding this one

http://www.entrepreneur.com/article/234463

Nicolas Cary is convinced Bitcoin is as monumental a game changer as the Internet itself.

He believes in it so much that he’s perfectly fine with getting paid 100 percent in the world’s first digital cash by his employer, Blockchain.info, the popular Bitcoin wallet and block explorer he leads as CEO (and chief bacon officer).

Actually, everyone at the York, England-based startup gets paid in Bitcoin only. The company doesn’t even have a single traditional bank account.

Continued in Article

That is awesome. I would love to get paid in bit coin. If coin base were ever to roll out direct deposit I would send mine there.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Making up for the secondary source and adding this one

http://www.entrepreneur.com/article/234463

Nicolas Cary is convinced Bitcoin is as monumental a game changer as the Internet itself.

He believes in it so much that he’s perfectly fine with getting paid 100 percent in the world’s first digital cash by his employer, Blockchain.info, the popular Bitcoin wallet and block explorer he leads as CEO (and chief bacon officer).

Actually, everyone at the York, England-based startup gets paid in Bitcoin only. The company doesn’t even have a single traditional bank account.

Continued in Article
Jump to: