Bitcoin as a medium of payment for freelancers

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

The payment method to pay your client should have been discussed before the job. Yes, you can pay your clients Bitcoin if you agree, but most of the freelancing works I know pay in USD.

All freelancing companies cannot be the same, they should have different payment methods, and you don't expect all of them to use Bitcoin for payment, unlike this forum where you have to pay BTC for your service especially in the service board because it is a Bitcoin forum; therefore, any payment methods can be used, although if all of them can use BTC, there will be more adoption globally.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

Today, Bitcoin offers a financial freedom for freelancers and a guarantee of financial freedom that ignores the various geographical restrictions around the world. A freelancer is able to receive his payment from anywhere in the world after completing his work thereby benefiting freelancers as well as employers benefiting from Bitcoin payments. If a freelancer gets paid in the conventional way, he has to take the help of a third party such as a bank, there is a financial loss due to various charges, but there is no need to go to a third party in the field of receiving payment in Bitcoin. Both sender and receiver can benefit. There is a downside to this though, as when paying in Bitcoin there is a possibility that a freelancer will be underpaid or overpaid due to fluctuations in value. However, it would be convenient to accept Bitcoin for easy payment method.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

From what I've heard it's not entirely THAT famous but it's been used here and there by a lot of clients, particularly within the crypto industry. Some clients in particular sending them over bitcoin and other cryptocurrencies for that matter cause for one, it cuts the middle man of having to convert the money to stablecoins or fiat just so they can use it, and it also promotes bitcoin in some way or another.

Also worth noting that the very thing that some of us here (myself included) about the signature campaign is pretty much considered free lance work already, so with that being said that we're getting paid as freelancers in the form of bitcoin or USDT, again this type of payment method is only primarily accessible if both you and the client are in the crypto industry, otherwise they wouldn't really dare explore that cause as we all know there's a learning curve you must achieve before you can really get the hang of bitcoin, or any cryptocurrency for that matter.

Oh well, I could see that in the future as more and more people get acquainted with bitcoin, and as more and more freelance jobs come from the crypto industry, we're going to get more people that are being paid in crypto.

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Quote from: dansus021 on July 15, 2024, 10:16:55 AM

Bitcoin is a medium of payment for freelancers I mean basically I do the job and join in the signature campaign and get rewarded in Bitcoin as a payment.
This forum services usually pay their freelancer using bitcoin or other form of crypto even outside this forum there are a ton of app that pay their freelance in crypto as a whole.

Sometimes you as a freelancer, a signature campaign participant, has no choice in payment method, or can say you mainly have no choice. The company and campaign manager, discuss and decide the payment method.

Some will feel happy by receiving bitcoin in payment and consider it as indirect DCA in Bitcoin, as a type of investment. Some will feel not happy because they don't want to see fluctuation or big change in value of payment in some minutes or hours or some days. Some will have to pay expensive on chain transaction fee, sometimes, to exchanges for selling.

Quote from: mirakal on July 15, 2024, 11:01:31 AM

But if we are talking about working in signature campaigns, it's not surprising that most companies here prefer bitcoin over other crypto, except when the network is congested which makes transaction fees for bitcoin highly expensive. Nevertheless, bitcoin is a great payment when it comes to freelancing jobs.

It can be explained that most of companies have service threads in this forum, accept Bitcoin as one of payment methods on their platforms. It means they don't have to purchase bitcoin and use it for payment to their staffs, signature campaign participants. They simply assign part of their business income to pay staffs and participants.

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Quote from: dansus021 on July 15, 2024, 10:16:55 AM

Bitcoin is a medium of payment for freelancers I mean basically I do the job and join in the signature campaign and get rewarded in Bitcoin as a payment.
This forum services usually pay their freelancer using bitcoin or other form of crypto even outside this forum there are a ton of app that pay their freelance in crypto as a whole.

If you look at binance or other companies like Ether Fi or coinbase they offered their salary bonus in the form of crypto, Borderless, the fee is cheap so Bitcoin is the best In my opinion for paying services or other form of payment

Freelancers will only receive bitcoin as a payment for their services once the employer or the company agrees on it. But if we are talking about working in signature campaigns, it's not surprising that most companies here prefer bitcoin over other crypto, except when the network is congested which makes transaction fees for bitcoin highly expensive. Nevertheless, bitcoin is a great payment when it comes to freelancing jobs.

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Bitcoin is a medium of payment for freelancers I mean basically I do the job and join in the signature campaign and get rewarded in Bitcoin as a payment.
This forum services usually pay their freelancer using bitcoin or other form of crypto even outside this forum there are a ton of app that pay their freelance in crypto as a whole.

If you look at binance or other companies like Ether Fi or coinbase they offered their salary bonus in the form of crypto, Borderless, the fee is cheap so Bitcoin is the best In my opinion for paying services or other form of payment

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Quote from: taufik123 on July 11, 2024, 12:09:29 AM

It's always better to be transparent, but some laypeople who go into freelancers certainly don't choose assets that are risky enough because they don't understand how Bitcoin or crypto works.

But of course, the payment options of PayPal and Bitcoin or crypto will be optional options and adjusted to their interests.

If the relationship is associated with a person who does not understand how bitcoin or crypto works then paying using Paypal or using the FIAT system was previously an option for them.
Bitcoin is actually considered unique and optional because of the advantages it has and people understand how bitcoin or crypto itself works.
Interest will be determined by the extent to which they understand and people who are not familiar with bitcoin or crypto will definitely prefer the previous existing payment system.

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and about privacy, this is a bit of a conversation because some companies certainly need their KYC as a freelancer so they know what their profile is and the skills they are good at.

But some companies that need freelancers also don't need any details, and the most important thing is the results of their work.

It's a matter of choice whether they need KYC or not although it is still a matter of discussion so that the company knows the details.
But there are also companies like the one you said and they don't require KYC at all because they will test jobs through skills and have previously gone through a specified selection.

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Quote from: Antotena on July 11, 2024, 01:13:28 PM

This depends on the options given by the freelancer. If I'm offering a service, it's expected of me to have payment option and if Bitcoin is something easy for me to collect, I don't mind to receive it through Bitcoin. I will convert to whatever currency I want later or leave it that way and hold until when I'm ready to sell. Some client though do give option to pay through Bitcoin which is not bad, it's all about understanding between the freelancer and the client.

There are some clients that are very stubborn though, asking for payment with Bitcoin makes them see you as a scammer, they will ignore you even though you are expert in the service they want and this is because they are ignorant of Bitcoin and some of them are scary people, they will pay you and then ask for refund later with bad review, many gigs platform are guilty of this and it's very bad. Bitcoin solve all this kind of issus, once send it can't be reverse.

Yes that is right as a freelancer it is important to offer different payment options including Bitcoin to make clients happy. Some clients might not understand or trust Bitcoin but others like it because it is easy and secure. Some clients might not know about Bitcoin and might think it is suspicious which can cause problems. But Bitcoin transactions are final so clients can't ask for refund falsely. By accepting Bitcoin freelancers show they are flexible and knowledgeable which builds trust with clients. It is important to clearly discuss payment terms with clients to avoid any issues and ensure smooth transaction.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ?

I think Bitcoin as a medium of payment is pretty popular on freelancer that works and strive to earn Bitcoin or other cryptocurrency by offering their skills.

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Do clients really pay to freelancers for their work in bitcoins ?

They do pay in Bitcoin if the freelancer desired to have his job paid in Bitcoin since there are options of payment given when the job is posted and Bitcoin is one of them,.

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Or they prefer other payment mediums like paypal which provided more protection to buyer.

If the job poster does not want or no intention of scamming the freelancer, then they can opt to any form of payment. If the freelancer desired a Bitcoin payment then I believe the company won't hesitate to agree with the freelancer if it was also given on the option of payment.

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Depending on which currency the freelancer is wanting to pay you with or what you want which ever way you want it ,you need to accept one . When you are in the cryptocurrency sphere is best with Bitcoin but outside cryptocurrency any of the above is accept,if you have to use PayPal,then after the payment, you have to transfer it from your PayPal wallet to your Bitcoin for safety purpose .

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

It depends on where you live and what the policies are in the agreement because in the end paying via bitcoin for now is not as easy as imagined especially when we live in a country that has regulations that bitcoin is still only a commodity not a legal tender.

If indeed the country already has regulations for bitcoin then indeed it can be done with some agreements between officials and employees, but in fact for now not all countries do something like that because it will actually violate and slow down the adaptation of bitcoin if we force it.

Everything becomes legitimate when there are regulations and the country is ready for bitcoin adoption but when bitcoin is still considered a commodity and only legalized as an investment tool as it happens in my country today, I think it is very risky to force the will by giving bitcoin as a form of payment for its workers because in the end this relates to the applicable law.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

This depends on the options given by the freelancer. If I'm offering a service, it's expected of me to have payment option and if Bitcoin is something easy for me to collect, I don't mind to receive it through Bitcoin. I will convert to whatever currency I want later or leave it that way and hold until when I'm ready to sell. Some client though do give option to pay through Bitcoin which is not bad, it's all about understanding between the freelancer and the client.

There are some clients that are very stubborn though, asking for payment with Bitcoin makes them see you as a scammer, they will ignore you even though you are expert in the service they want and this is because they are ignorant of Bitcoin and some of them are scary people, they will pay you and then ask for refund later with bad review, many gigs platform are guilty of this and it's very bad. Bitcoin solve all this kind of issus, once send it can't be reverse.

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Even the sites allow Bitcoin payment, I believe many people will choose stablecoins over Bitcoin because they can't take the volatility.

After all whether the jobs pay in Bitcoin or fiat isn't matter, but how much they want to pay and how stressful the job are two biggest reason that most people looking for.

If company A offer to pay in BTC, but they only pay for $500 with high pressure while company B offer to pay in fiat, they willing to pay for $1,000 without high pressure, if you're the employee, which one you will choose? Roll Eyes

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Quote from: ringgo96 on July 11, 2024, 08:43:59 AM

not all freelancers will use bitcoin as a means of payment, and they have to make an agreement first so that there are no parties who don't like using bitcoin as their wages, but currently bitcoin is familiar to all people and they already know how much bitcoin is worth Nowadays and on average they are definitely tempted by bitcoin, so for freelance work I am sure I will accept payment using bitcoin.

Indeed, an agreement must be reached between the two collaborating parties to determine how payments will be made. Bitcoin or PayPal is actually an attractive alternative for business people, especially those who work online.
maybe not only those who work as freelancers offer their services. those who have a real business offering goods or services can also accept payments in Bitcoin as long as the deal is attractive to both parties.

I once reached an agreement with a computer repair service. fortunately, they are also interested in Bitcoin and even have a local exchange account. we agreed on a price and payment was made in Bitcoin.
I'm sure there is no problem with freelancing with Bitcoin. but usually, the party who pays already has their terms and conditions with which they will pay their freelance workers.

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PayPal is one of the major payment means used by freelancing sites and international companies, which already is trusted by Millions.
Bitcoin Payment is accepted and trusted, it depends on the freelancing sites you're working for and also if the worker is okay with it. If we are talking about Protection I believe Bitcoin with her decentralised nature is more than PayPal.

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Quote from: Magic-Money on July 11, 2024, 04:04:18 AM

Bitcoin is a digital assets which has been used for a means of payment service and all depends on the project management as agreement before the work being stated, which many people that works as freelancers has been testify the good part of it and is more secure and protected in any given location of the country you're working.

not all freelancers will use bitcoin as a means of payment, and they have to make an agreement first so that there are no parties who don't like using bitcoin as their wages, but currently bitcoin is familiar to all people and they already know how much bitcoin is worth Nowadays and on average they are definitely tempted by bitcoin, so for freelance work I am sure I will accept payment using bitcoin.

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Quote from: AprilioMP on July 08, 2024, 03:13:50 AM

Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

Do not know because we work not paid with Bitcoin and in our place Bitcoin is only a commodity asset.
For workers who come from and work in places that are allowed to use bitcoin, in my opinion rather than receiving payments through Paypal, maybe using Bitcoin better, safer and fast.

For me I think payment in bitcoin will be better, safe and fast for freelancers but client have always been in charge to decide the method of payment that will be used for freelancers. But I think bitcoin will be of better option if clients and freelancers agrees, the most important thing is for client to have Bitcoin for payment which I don't think freelancers will decline bitcoin as payment. In this time that we are most workers will even prefer to recieve bitcoin as payment for their services for many good reasons.

Since bitcoin is getting more awareness and widely accepted by many people, I believe with time it will be the fastest way of payment because it serves as a universal currency that can be use anywhere you found yourself.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

Just as the majority of people have responded, payments of services will depend solely on the agreement between the parties. But you can rarely receive Bitcoin payments from companies outside the crypto industry. One can easily receive Bitcoin payments from this forum because it is designed for crypto discussions.

You don't expect to be paid with Bitcoin when you offer a freelancing service to a company whose major financial transaction is done through fiat. They will have to incur extra costs and go through some processes before they can convert fiat to Bitcoin to enable them to pay you. But it will be easy for organizations that receive Bitcoin or altcoins to easily pay a freelancer with cryptocurrencies. So PayPal provide more protection to buyers than Bitcoin? I don't think so because you need to go through KYC to operate a Paypal account. Bitcoin through P2P will be better to protect privacy.

Quote from: CryptoHeadlineNews on July 10, 2024, 06:49:29 PM

Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

If others could use it as a medium of exchange for their goods and services rendered online, what makes you think it can't be suitable for freelancers? Because, inasmuch as Bitcoin is a the world's most used cryptocurrency, let's not forget that it's fast, secured and a good store of value for long term investment plan. Hence if you know any freelancer, you could recommend him to use Bitcoin for receiving payment for goods and services rendered for client across borders. Bitcoin is the best and remains the best.

High transactions fees, lack of Bitcoin education and price volitility might be some of the reasons why organization might prefer using fiat. High transactions fees due to the clogging of the mempool might make fiat payment options cheaper.

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Bitcoin is a digital assets which has been used for a means of payment service and all depends on the project management as agreement before the work being stated, which many people that works as freelancers has been testify the good part of it and is more secure and protected in any given location of the country you're working.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

Things like that usually depend on an initial agreement before a freelancer starts doing their work, because if you just stick to better protection, of course there are many wallets that can be relied on to receive and send payments to someone because it's not just PayPal. So no one will be able to fight the popularity of Bitcoin in any way, including in terms of payment for important work such as that done by freelancers today. And you yourself can look at it thoroughly so that you can have a little more real comparison with Paypal users just for something.

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Quote from: Orpichukwu on July 08, 2024, 02:18:09 AM

Yes, they do, but it's all based on the agreement you have with the person you are offering service to. Some people prefer PayPal because of the customer protection policy, as you have stated, but most people abuse the use of that policy a lot, so anyone who knows how PayPal operates might not want to receive payment through PayPal, but they can still go for other crypto payment options.

If you go to the service section in this forum, you will see a lot of people offering different kinds of freelancing services, and the majority of them want to be paid in bitcoin or another accepted crypto currency, but it's hard to see someone requesting to be paid with PayPal or even a bank transfer, as both of them have little difference.

You’re right. Freelancers can only request bitcoin payment if their clients also agreed on it, or vice versa. Because aside from having a smooth and hassle free transaction, bitcoin payment can also be made any time and anywhere. Unlike using other options like PayPal, aside that they have the right to freeze accounts, its merchant fees are also relatively high and since customer service is only done through online, customers do not seem so satisfied with their problems and concerns, hence they end up trusting more bitcoin payment rather than using PayPal.

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Quote from: AprilioMP on July 08, 2024, 03:13:50 AM

Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

Do not know because we work not paid with Bitcoin and in our place Bitcoin is only a commodity asset.
For workers who come from and work in places that are allowed to use bitcoin, in my opinion rather than receiving payments through Paypal, maybe using Bitcoin better, safer and fast.

Freelancers are more exposed to digital payments like crypto so it’s not surprising that some freelancers would prefer crypto payments over its traditional method or any online payment exchanges. Crypto payments most particularly bitcoin, creates more convenient and seamless transaction, so they can receive payment from their different clients all over the world. However, if both parts agree on this kind of payment set up or system, then these freelancers would always use this opportunity to accept bitcoin at their biggest advantage.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

Bitcoin/crypto isn't popular as a payment method for freelancing services. Do you know about any big and popular freelancing platform that are accepting cryptocurrency payments? Upwork? Fiverr? Freelancer.com? All of those platforms accept fiat payments and no crypto.
Maybe there are some obscure crypto freelance platforms that accept crypto payments, but they are insignificant in comparison to the big players of the freelance world. The only crypto freelance platform I know about is Latium.org but they are more like a micro-task website and they have their own coin.

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Quote from: tottong on July 09, 2024, 01:23:34 AM

-snip-
Workers are definitely looking for the best option and if the comparison is PayPal with bitcoin then it is definitely better to use bitcoin. Even though shipping fees can depend on how busy the network is, transparent talk is much better.

It's always better to be transparent, but some laypeople who go into freelancers certainly don't choose assets that are risky enough because they don't understand how Bitcoin or crypto works.

But of course, the payment options of PayPal and Bitcoin or crypto will be optional options and adjusted to their interests.

Quote from: tottong on July 09, 2024, 01:23:34 AM

In all cases, it is more profitable to use Bitcoin compared to PayPal, although not everyone is willing to accept payments using Bitcoin.
Bitcoin is much safer and more transparent, making it easier for people to maintain privacy and some workers such as freelancers prioritize privacy, although not all of them.

and about privacy, this is a bit of a conversation because some companies certainly need their KYC as a freelancer so they know what their profile is and the skills they are good at.

But some companies that need freelancers also don't need any details, and the most important thing is the results of their work.

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Quote from: CryptoHeadlineNews on July 10, 2024, 06:49:29 PM

Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

If others could use it as a medium of exchange for their goods and services rendered online, what makes you think it can't be suitable for freelancers? Because, inasmuch as Bitcoin is a the world's most used cryptocurrency, let's not forget that it's fast, secured and a good store of value for long term investment plan. Hence if you know any freelancer, you could recommend him to use Bitcoin for receiving payment for goods and services rendered for client across borders. Bitcoin is the best and remains the best.

Yes that is a good point if others can use Bitcoin as medium of exchange for online goods and services so why not freelancers? Bitcoin is fast safe and valuable making it perfect for payments especially when working with clients from other countries. It is great way for freelancers to get paid. I think it is great idea to suggest Bitcoin to freelancers as reliable and efficient way to receive payments. It is the best choice and it will continue to be the best way to make online transactions. And if they will hold onto Bitcoin so it will be a good investment too.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

If others could use it as a medium of exchange for their goods and services rendered online, what makes you think it can't be suitable for freelancers? Because, inasmuch as Bitcoin is a the world's most used cryptocurrency, let's not forget that it's fast, secured and a good store of value for long term investment plan. Hence if you know any freelancer, you could recommend him to use Bitcoin for receiving payment for goods and services rendered for client across borders. Bitcoin is the best and remains the best.

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PayPal is more familiar to those who are financiers or those who work online. On the other hand, the popularity of Bitcoin as a means of payment is increasing day by day. But in case of PayPal there are some bindings like having a PayPal account but not in case of Bitcoin. On the other hand, in PayPal, the money will be deposited for a certain period of time, but in Bitcoin, money can be withdrawn or deposited whenever you want. On the other hand, you cannot have a PayPal account in all countries of the world. So I consider Kipot as one of the mediums of money transfer.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

I think in most cases, the mode of payment is always discussed and agreed between three both partied after discussing thr business terms and if butcoin and cryptocurrency is convenient for thr both parties, then it's no big deal as there are no specific restrictions against cryptocurrency payment on freelancing platforms.

Quote from: Zoomic on July 09, 2024, 04:18:52 AM

Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

Mind you, PayPal is not as safe as you think.

If possible for transactions like that of a freelancing job, then PayPal payment option shouldn't be even considered except for trust rated clients and currently payments in cryptocurrency is one of the best payment options currently for thr safety of both parties

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

Way back which PayPal hasn't been allowed Bitcoin payment then of course it's sticking with traditional fiat payment or wire transfers on which as a freelancer then you would really be that agreeing on whatever terms that they would be having.If it turns out that you are a crypto or Bitcoin enthusiast then you would really be might be preferring Bitcoin payments but just like on been said earlier that everything would really be depending on the employer.

In the end of the day then it would really be just that depending on the employer and we as freelancers then we would really be always agreeing and won't really be tending to oppose on what they do prefer.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

From a freelancer’s point of view, payment in bitcoin is profitable if made in the form of an advance payment. This payment can't be cancelled or frozen. After this, the freelancer only has to conscientiously complete the tasks assigned to him. In the case of post-payment, the customer may simply deceive and not pay the agreed remuneration, and in this case, the freelancer finds himself in a vulnerable and unprotected position.

The customer has the opposite situation. Prepayment does not guarantee 100% completion of the order, but post-payment for the work insures the customer against fraud on the part of the freelancer.

The guarantee of a freelancer’s reliability can be his reputation (reviews) and completed cases (cooperation with other clients), and the customer’s – the reputation of his project/company.

With conscientious cooperation between a freelancer and a customer, bitcoin is a convenient, fast and simple (and cheap) way to pay for work. Direct P2P interaction allows them to avoid paying high commissions for intermediary sites, such as website for freelancers, and also make money transfers between different countries (in the absence of common payment systems). We should not forget that even PayPal is not available in all countries.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

There are actually lots of clients that pay freelancers in bitcoins. Although, most of these clients do not give payment in Bitcoin options directly, they can use third parties who help in the conversion of those payments into bitcoin or any other cryptocurrency.

CryptoGrind is one platform that connects freelancers to clients that pay in cryptocurrencies, including bitcoins. And these clients offer varieties of job options where the freelancers can choose from. There are many other freelancing platforms that offer same services like cryptoGrind. This is to prove that there are actually clients who pay in bitcoins. Mind you, PayPal is not as safe as you think.

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Quote from: taufik123 on July 08, 2024, 10:44:26 PM

You're right, there is no protection whatsoever and PayPal is just a payment that is no longer popular nowadays because there are many better payments than PayPal. What is quite annoying about PayPal is also because PayPal charges transaction fees for some types of transactions, especially for international transactions or currency conversions, so the fees can be; higher.

As a freelancer, of course, a considerable cost cut will have an effect.
and also PayPal is not transparent.

The aim is to save on transaction costs, on the contrary, you have to incur greater costs, so using payment using PayPal is much better using payment using the fiat method.
Especially if it is an international transaction, this will be a problem for people and higher costs will force us to incur much greater costs.

Workers are definitely looking for the best option and if the comparison is PayPal with bitcoin then it is definitely better to use bitcoin. Even though shipping fees can depend on how busy the network is, transparent talk is much better.

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In contrast to Bitcoin, which is transparent, and transaction fees are now very cheap (as long as the network is not congested).
And there is no deduction other than transaction fees, it is indeed fluctuating, but it is possible that the price of Bitcoin will rise more, and the value obtained will be more.

In all cases, it is more profitable to use Bitcoin compared to PayPal, although not everyone is willing to accept payments using Bitcoin.
Bitcoin is much safer and more transparent, making it easier for people to maintain privacy and some workers such as freelancers prioritize privacy, although not all of them.

OcTradism

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Quote from: taufik123 on July 08, 2024, 10:44:26 PM

As a freelancer, of course, a considerable cost cut will have an effect.

Cutting cost from moving bitcoin on chain and paying transaction fee, for freelancers who receive bitcoins in their salary, is important for them. Because if their received salary is not too big, on chain transaction fee can reduce rest value of salary after an on chain transaction. It possibly forces them to use online platforms, centralized exchange account to receive salary but we know risks of centralized exchanges.

Reminder: do not keep your money in online accounts

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and also PayPal is not transparent.

With PayPal, there is another big risk, chargeback.

Bitcoin on chain transaction is irreversible but Paypal has chargeback mechanism.
https://www.paypal.com/us/brc/article/what-is-a-chargeback

taufik123

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Quote from: Apocollapse on July 08, 2024, 02:35:25 AM

There's no "protection" in PayPal, they can freeze your funds for 21 days, they also can revert the transactions back if the sender can convince PayPal if you're a scammer, while the reality you didn't scam.

You're right, there is no protection whatsoever and PayPal is just a payment that is no longer popular nowadays because there are many better payments than PayPal. What is quite annoying about PayPal is also because PayPal charges transaction fees for some types of transactions, especially for international transactions or currency conversions, so the fees can be; higher.

As a freelancer, of course, a considerable cost cut will have an effect.
and also PayPal is not transparent.

In contrast to Bitcoin, which is transparent, and transaction fees are now very cheap (as long as the network is not congested).
And there is no deduction other than transaction fees, it is indeed fluctuating, but it is possible that the price of Bitcoin will rise more, and the value obtained will be more.

mindrust

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I imagine it is pretty popular as long as the client trusts the freelancer. Otherwise they need to use a mediator like upwork or fiverr and as far as I know they offer crypto as a payment method. When you are making a purchase using crypto, you need to have absolute trust in the seller/freelancer. If you get scammed somehow, there isn't much you can do about it.

It is probably better to establish a trust with the client/freelancer before you try to get paid with crypto and even after that, it is still not going to be a 100% risk-free play. Maybe it is better to own a store or a popular website first and then accept crypto. That way the clients will trust you more because you will have a place in the real or the virtual world where they can always reach you.

Imagine owning a website which gets more than a thousand visitors everyday. Some of those people will indeed order whatever you happen to be selling because you have something they are interested in. You can accept crypto on that website successfully because these people trust you. Why would they visit your website otherwise? Without trust, I don't see crypto working well in a freelancer/client relationship. Somebody will get effed.

re-start

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I have seen many freelancing sites that have added Bitcoin payment method. It doesn't matter if you are an employer or a freelancer, Bitcoin will be the best option for you. In addition to controlling your assets, PayPal also creates restrictions for some users in some countries. On my old laptop, I have the address of a freelance site that only supports cryptocurrency payments.
If I find it, I will definitely update this post, maybe it will be useful for you.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

I think crypto payment particularly with USDT or Bitcoin is the best bet and most reliable means of payment to freelancers by Clients of course there must be a mutual agreement between both the client and the freelancer, this is based on the fact that some other payment gateways like PayPal has been restricted in some countries thus it is very difficult to operate such an account by freelances in such countries, however with crypto payment even with restrictions a freelancer can create a wallet receive payment anonymously and exchange it to local currency using proxies, personally I prefer crypto payment to other payment for any of job performed remotely.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

It entirely depends! When I used to do freelancing back in 2020, I had always preferred Bitcoin. The reason is very simple. Paypal will directly settle the money into my bank account as per the local law. They cannot keep my money into the Paypal account for more than 24 hours. So even if I don't require that money right away, it's getting credited to my account. Hence I will have to show that income while filing my income tax. But yes, consumer protection is a big advantage for my service buyer.

The only benefit Bitcoin provided me, is that I can keep that earning in Bitcoin without converting it into fiat. So if I do not require that money, I do not have to convert them. And if I am not converting that, I am not being charged for tax. So from freelancing side, I will definitely prefer Bitcoin over anything else.

LDL

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

If the payment of online freelancers starts to be made through Bitcoin, it will undoubtedly be a significant revolution for Bitcoin. But it also has to consider how acceptable it is for people in countries where Bitcoin is not legal to accept freelancers' payments in Bitcoin.

Issa56

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ?

Bitcoin is not only used for payment by freelancers, there are other online jobs that do make payments with bitcoin, depending on the agreement that you have with your client. If you want your payment to be in bitcoin and your client understands what bitcoin is all about and is willing to make a payment with bitcoin, then everything is fine.

Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

Everyone has what they prefer, some people don’t really know much about bitcoin, so they will prefer other means to make payments rather than bitcoin, but those who really understand how bitcoin works won’t really have any problem making payments with bitcoin.

Agbe

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The best is bitcoin because if you give the person your self-custodial wallet to pay in there there then it is more protected than the PayPal you are referring and I also don't think there is customers protection in PayPal.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

I think that it depends mostly on the nature of work. If freelancing in the crypto community then you can expect that the payment will be sent in crypto as well.

If the client personally asks that their identity remain anonymous then it’s most likely they will send the payment in bitcoin or crypto. It’s not always that you see the freelancers setting the kind of payment they want to be paid in as they would want to prioritize convenience and accessibility of their clients over their own. Outside of the crypto community though, I still see paypal as the #1 payment method for a lot of freelancers.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

I guess things like the payment can be talked during the interview between the freelancer and the client. If I remember correctly, once a freelancer has been hired, the client will tell the rate and at that time, the freelancer can suggest to the client if they can pay him/her through Bitcoins. It's up to the client of course if he/she will agree to it or not.

Most of the clients prefer Paypal or Payoneer because it's the most efficient and the most widely used application for paying these freelancers. I'm not saying that clients don't want their freelancers to pay through Bitcoin, but most of them will always prefer what's best for them.

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Maybe when compared to Paypal, the number of freelancers who use Bitcoin as a payment medium is not that much, because Paypal has long been known among freelancers and it offers various security features in transactions which makes many freelancers and business owners prefer to use Paypal for transactions. they are compared to Bitcoin. However, I personally think that what Bitcoin offers is much better than what Paypal offers, because the transaction fees are smaller, it is decentralized, one does not need to worry that any intervention could freeze their money. and you can immediately convert your money on the exchange if you are still worried about the volatility.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

I think this is not a good idea. This is due to the fact that during the reporting period before the tax, it will be very difficult for a freelancer to prove that he received payment in Bitcoins in return for a certain service. And the tax service may not accept this type of payment as accountable. In general, these are difficulties for the freelancer who wants to have legally provided taxes to the state.

Dr.Bitcoin_Strange

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Well, freelancers don't just present one payment method to customers because they also expect the customer to make payment with the best payment method that is more comfortable for them, but believe me, there are lots of customers who even prefer to pay in Bitcoin than using PayPal. Bitcoin is the simplest payment method anyone can use because, if you just have Bitcoin in your wallet, you can make payments to anyone without having to create a third-party account. If you want to pay via PayPal, you need to register and verify an account, but it's not like that for Bitcoin.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

I personally only accept Bitcoin and alternative cryptocurrencies. But sometimes the transaction fee of Bitcoin is a bit too high and clients prefer to pay me in other cryptocurrencies.

Any fiat I have goes towards Bitcoin.

Screw Paypal and other third-party fiat-schemes.

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For my own deals, personally I lean USDT. Perfect for someone like me who does business worldwide, it's faster, less expensive, operates on several blockchains. Still, I consider Bitcoin to be the truth. It's about liberty, autonomy, learning to run your own finances. You simply need to be clever about it. Recognise the hazards and make appropriate tool use. Finding what suits you is everything

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ?

It depends on the initial agreement using which payment medium to use and it also depends on the area where you live.
Not everyone thinks they want to be paid in bitcoin, although overall those of us on the forum prefer this payment system.

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Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

Usually when a work contract is drawn up we are presented with several agreements and perhaps including what payment system to use.
But if you ask me whether I will pay for work using Bitcoin, the answer is no.
Bitcoin is quite speculative and how when the price rises we have to pay jobs with multiple amounts and that will reduce the bitcoin storage we have.

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Maybe that is start to popular as a medium of payment for freelancers. There will be a third party that holds the funds so freelancers getting paid for their works. Clients should gives the funds to that third party while freelancers works as their client's request.

You can check on the site below:

Code:

https://cointastical.medium.com/freelancing-platforms-which-pay-in-bitcoin-e38be56166df
https://www.makeuseof.com/freelance-websites-pay-cryptocurrency/
https://www.cryptotask.org/en
https://steemit.com/freelance/@erience/7-freelance-platforms-that-pay-in-bitcoin-and-other-cryptocurrency

I guess many other freelancers website available for payment using Bitcoin. But you must search for carefully and make sure that site is good and have reputation.

Maybe Paypal still the choice for freelancers besides of Bitcoin or other cryptocurrency. But soon after cryptocurrency will be more popular than now, freelancers will wants to ask the payment using Bitcoin. They will see another side benefits of cryptocurrency for them.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

There are some bitcoin specific freelancing sites and these are more likely to have crypto payment systems in addition to fiat. Those who initially started with fiat payments are less likely to add crypto if their local jurisdiction does not allow it.

Of course if the parties involved in the work are both into using bitcoin, a mutual agreement can be done to get crypto as payment.

If the recipient does not find it easy to sell those coins they will not buy it similar with the buyer if bitcoin is scarce wherere they live they will not go forward with it.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

Not just freelancers, any online jobs this days that has not many payment options is lacking behind, it makes no sense to only have few payment options when there are so many options available, bitcoin is a suited Payment solution that should be available everywhere online this days.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

Why Not?
Just like other users here have mentioned, it's a matter of agreement. Freelancing has a variety of payment options with fiat as the most common method, however if you and your client can come to an agreement with a particular crypto currency then you are good to go.
The only thing that may pose some sort of hinderance is the freelancing platform itself. This is because In the terms and conditions, some freelancing organising platforms compel their freelancer to a particular method of receiving payments which is usually via fiat like I said earlier.

Anyways crypto payments would be nice especially if a stable coin is used.

_act_

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

This will depend on you and your client. If you get a freelancing job on this forum, just know that most likely that your client will pay you in bitcoin or an altcoin although there can be dialogue of paying in fiat if you do not want to accept cryptocurrencies. I have heard also that some clients on some freelancing sites can pay in bitcoin or in altcoin. You can request your client to pay in bitcoin and see what he will tell you. Also that some clients can offer you to get paid in bitcoin.

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Quote from: krishnaverma on July 08, 2024, 02:03:13 AM

How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

Do not know because we work not paid with Bitcoin and in our place Bitcoin is only a commodity asset.
For workers who come from and work in places that are allowed to use bitcoin, in my opinion rather than receiving payments through Paypal, maybe using Bitcoin better, safer and fast.

Apocollapse

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There's no "protection" in PayPal, they can freeze your funds for 21 days, they also can revert the transactions back if the sender can convince PayPal if you're a scammer, while the reality you didn't scam.

It's why Bitcoin better than centralized online transfer, you don't have to worry about this kind problem.

Bitcoin should be the best currency to be used for freelancers, but not many companies or employers use that, only small scale like signature campaign in this forum.

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Yes, they do, but it's all based on the agreement you have with the person you are offering service to. Some people prefer PayPal because of the customer protection policy, as you have stated, but most people abuse the use of that policy a lot, so anyone who knows how PayPal operates might not want to receive payment through PayPal, but they can still go for other crypto payment options.

If you go to the service section in this forum, you will see a lot of people offering different kinds of freelancing services, and the majority of them want to be paid in bitcoin or another accepted crypto currency, but it's hard to see someone requesting to be paid with PayPal or even a bank transfer, as both of them have little difference.

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How popular is bitcoin as a medium of payment for freelancers for their freelance work ? Do clients really pay to freelancers for their work in bitcoins ? Or they prefer other payment mediums like paypal which provided more protection to buyer.

Topic: Bitcoin as a medium of payment for freelancers (Read 466 times)