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Topic: Are any of you paid your salary in crypto? What's it like? - page 6. (Read 736 times)

full member
Activity: 812
Merit: 101
my country does not legalize crypto. and many people who don't know about crypto, I have asked for a salary by paying using BTC to my boss, but my boss doesn't understand the concept. he say to me, that it was a difficult payment.
full member
Activity: 658
Merit: 152
I do not know any in my circle who would be paid in bitcoin or crypto. But! No matter how I like and believe in bitcoin I wouldn't like to been paid in bitcoin. It's price is never the same and it's too risky to me to live one month on 100$ and another on 300$ or opposite.
full member
Activity: 812
Merit: 114
Though I haven't got a payment in crypto but I have the experience to give payment in crypto to them who worked for me! They had a little info about crypto but after getting payment in crypto they felt confused! and asked me what can we do by these in this country?! I explained and when they cashed out, they were happy! Because at that time eth price was increased and they got a bigger amount than the exact salary  Grin
Still, When I remember this incident, I start laughing myself!
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
the employee agrees to receive a certain amount, e.g. 0.5 BTC per month for a year. If the price goes down, it's his loss, if the price goes up, it's his win.

I agree with this strategy. Pegging bitcoin in work hours and not fit would also increase price stability, as there would be no effort put into earning it, and one would be less likely to sell at a lower price.

It would be weighed less using speculative value and more with the work effort put in. It also has the added benefit of quick, cheap transactions, which are transparent and open source, ans irreversible

Its still a while before it would receive that much acceptance and mass adoption
legendary
Activity: 2814
Merit: 1192
Well you post and title is very strange I am really trying so hard to understand what you are actually trying to communicate may be you should rephrase

The question isn't difficult to understand and written in decent English. What's your problem?

Unfortunately, I'm not being paid in Bitcoin, apart from those few dollars for my signature, but I don't see why changing Bitcoin price would be a problem for the employer. If both parties agree to receive Bitcoin, there are various ways to ensure both parties are ok. If the business holds large amounts of Bitcoin anyway, the employee agrees to receive a certain amount, e.g. 0.5 BTC per month for a year. If the price goes down, it's his loss, if the price goes up, it's his win.
If the business buys Bitcoin only to pay its employees, it can be agreed that Bitcoins will be converted on the day of payment at a certain hour and at that time a person responsible for payments will purchase coins and send them to employees. Whatever the price will be you will have a chance to sell on the same day, like 10 minutes later, without the risk of any value loss.

This is the main difference between traditional bank transfers and Bitcoin. You can agree to send the transaction at exactly 9 a.m. on the first day of the month and every employee will be able to open their wallet at 9:01 (lightning network) and have the money all there, ready and waiting.
member
Activity: 546
Merit: 32
How do your employers buy it?
Have there been scenarios where after they purchased the agreed amount the value increased/decreased substantially before you were paid? If so, how did they react to this?

I think no one wants to get paid or to be paid in Bitcoin are some other cryptocurrency because cryptocurrency are not stable so people will be afraid of getting cryptocurrency salary are cryptocurrency paid method so it will not be able to marriage in today situation but in future it may be works.
member
Activity: 572
Merit: 10
I am not aware of cases where an employer paid salaries to their employees in bitcoin. I thought that this is only possible on the Internet and bitcoin can be obtained for the provision of any service or for participation in the bounty company. But if there were such cases, I would be interested to read how it all happened.
member
Activity: 560
Merit: 14
Well you post and title is very strange I am really trying so hard to understand what you are actually trying to communicate may be you should rephrase
member
Activity: 952
Merit: 41
I have a friend whose salary is paid in bitcoin but what I can not ascertain is how and where his employer buy bitcoin from, but to get bitcoin is not hard cause you can easily purchase bitcoin with your credit card from exchange and other vendors. Bitcoin is a volatile assets and at that the employer who want to pay salary in bitcoin will be ready for what ever will be the outcome of the volatile market at every time.
member
Activity: 140
Merit: 56
How do your employers buy it?
Have there been scenarios where after they purchased the agreed amount the value increased/decreased substantially before you were paid? If so, how did they react to this?
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