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Topic: Bitcoin as salary for a regular job? - page 37. (Read 14506 times)

newbie
Activity: 12
Merit: 0
September 11, 2017, 12:54:24 AM
I don't really agree about the bitcoin being a regular job. I think it's more of a part time job, because bitcoins could increase and decrease in any moment. Although the salary of bitcoins in other campaigns are high, this give the higher activities level to earn big amount of money and make it their real job. However bitcoins sometimes have more chance of earning money rather than real jobs that requires more effort, time and also have a big amount of tax depending on your salary.
full member
Activity: 280
Merit: 100
September 11, 2017, 12:51:57 AM
If you accept Bitcoin now and save as much as possible you will gain a lot of extra money just by the future price rises of bitcoin. So getting paid in Bitcoin with today's exchange rate and waiting a decade can make you really rich.
sr. member
Activity: 644
Merit: 299
September 11, 2017, 12:45:16 AM
I would rather accept my fiat and purchase bitcoin myself. The volatility sometimes can be exasperating. Imagine me being paid at the rate of 4900 and the value dropping immediately to 4150. If in fiat, I can watch the market myself and purchase when it is low and at least with that, I got something more. However, this doesn't mean if I have no choice and I got a better offer in bitcoins I wouldn't accept. I still definitely would.
sr. member
Activity: 322
Merit: 250
September 11, 2017, 12:40:21 AM
In my opinion, bitcoin as a result of the salary of a permanent worker, it is for a person who does not have a job. So they consider bitcoin as a fixed salary, because bitcoin can be used as official money and its use in everyday life. But for me personally, bitcoin is equal to salary of smpingan. because I work somewhere. and if there is time istrhat, I use to find bitcoin and turn it into official money.
legendary
Activity: 1526
Merit: 1001
September 11, 2017, 12:37:21 AM
I don't think that would be a good idea because the value of bitcoin is very unpredictable it can suddenly crash and lose its value and if that happen you will find yourself earning nothing for a job well done. For me its still better having fiat as a salary because its fixed and properly design to compensate the kind of work you gave.
Currently getting a salary with bitcoin is not a good choice. More for those who earn a mediocre salary. When bitcoin prices decrease then they will only earn a little money. That is certainly very detrimental, there must be a certainty that can make stable bitcoin prices because then we will not be afraid when things go wrong with bitcoin. This should be made immediately regulation that can benefit both parties.
newbie
Activity: 28
Merit: 0
September 11, 2017, 12:31:09 AM
Would you accept bitcoin as your salary in your profession, especially if you work in other country?

For me yes I will accept bitcoin because we can exchange it in our local currency.



If you ask me then i would say that for getting salary i wont accept bitcoins. Bitcoin market is tool volatile and it wont take much time for bitcoins to depreciate their value as it doesn't have strong economical support in their background. Bitcoin can be accepted for Business purposes and trading purposes, as they do have tendency to give much higher returns than comparing with other businesses. keep in mind that Salaried people will not take any risk of getting low valued bitcoins in future if their value gets depreciated for any reasons. Wink
full member
Activity: 552
Merit: 102
September 11, 2017, 12:14:11 AM
for me,I don't support this.bitcoin price is not fixed, every time it's can be changed. that's why I am do not agree but it is my personal opinion.
sr. member
Activity: 644
Merit: 264
Aurox
September 11, 2017, 12:13:22 AM
Would you accept bitcoin as your salary in your profession, especially if you work in other country?

For me yes I will accept bitcoin because we can exchange it in our local currency.



Bitcoin is nice but I dont want all of my salary to fall into bitcoin since even though we have a local exchange but the big problem is the high transaction fee. If the exchange does not ask for a huge transaction fee in the conversion of bitcoin to our fiat currency then bitcoin would be nice, but as long as those fees are still high I prefer my salary to be given in fiat form.
full member
Activity: 266
Merit: 122
September 11, 2017, 12:01:17 AM
I don't think that would be a good idea because the value of bitcoin is very unpredictable it can suddenly crash and lose its value and if that happen you will find yourself earning nothing for a job well done. For me its still better having fiat as a salary because its fixed and properly design to compensate the kind of work you gave.
sr. member
Activity: 924
Merit: 255
September 10, 2017, 11:51:29 PM
Of course if i am offered / got a regular job and Bitcoin is a form of salary for the job, i will accept it. Clearly bitcoin is one of the new breakthroughs to earn real money through the exchange / sale to our local currency that can drive finances.
hero member
Activity: 742
Merit: 500
September 10, 2017, 11:44:32 PM
Would you accept bitcoin as your salary in your profession, especially if you work in other country?

For me yes I will accept bitcoin because we can exchange it in our local currency.



Of course. but I do not think they want to do that. Why ? because the price of bitcoin is still too fluctuating, so it can not be made as a benchmark for employee payroll. in a company we also have to see the efficiency side, if every paycheck they have to recalculate using bitcoin, I think it will reduce efficiency in a company.
hero member
Activity: 1148
Merit: 504
September 10, 2017, 11:27:56 PM
I will be willing to accept bitcoin as salary but not whole. I will be willing to accept half in bitcoin and half in fiat so that I won't be too much affected by bitcoin's volatility. I can treat my bitcoin salary as investment and fiat for immediate expenses.
newbie
Activity: 56
Merit: 0
September 10, 2017, 11:18:04 PM
i accept bitcoin as your salary in my profession , Because bitcoin  can turn into money
and bitcoin  is gaining in popularity
full member
Activity: 173
Merit: 100
September 10, 2017, 11:05:12 PM
I will not accept bitcoin as a salary from a regular job because it is volatile so the value of the bitcoin that i will get is not stable in fiat so i might get a high salary or a very low salary so i don't think that it is a good option for the companies to pay their employees using bitcoin and i will still prefer fiat since it has a fixed value.


I agree with this. Yeah we know the value of bitcoin is not stable it will drop or get high everytime. So it means your income is not stable too. But if your employee fixed your salary on a local currency well that's great. It is better to pay you in o a local currency than that. We don't know when or what will happen to crypto currency on the future.
sr. member
Activity: 588
Merit: 254
September 10, 2017, 10:48:35 PM
I wish I could say that yes but unfortunately it is not possible for me due to certain laws. Firstly  bitcoin is not legal yet in my country so if I say yes I will be opening gates to legal issues where I could be abandoned of such things that no one wants to face. The salary we earn is not only for the purpose to earn individually but also to contribute into your countries economy, taxes are deducted from the salary which mostly people get in local currency or in dollars. When there will be no tax submission from an individual and he buy any assets then the person will for sure be in a conflict.
sr. member
Activity: 1246
Merit: 285
September 10, 2017, 10:42:45 PM
bitcoin price changes are very high, sometimes up and down. while our salary remains, surely very difficult to convert, when the low price we will be able to btc, but when the price is high? hmmmm ... so I will not receive a salary like that
full member
Activity: 275
Merit: 104
September 10, 2017, 10:33:08 PM
Yes, but I will only take it as a part-time job. We all know that its value is not fixed. It fluctuates everyday. What I want is a fixed value and can still increase. And that's the salary you get in full-time jobs. We all want sure money. It is so great to have a decent job along with earning bitcoins as a sideline.
member
Activity: 327
Merit: 11
September 10, 2017, 10:31:27 PM
I will accept bitcoin as a salary. The reason for me is bitcoin creates many opportunities online while the banking system in my country has too many limitations. It sucks to hold your salary and eventually lost it in gambling. Cheesy With bitcoin, I will be able to start something at least.
full member
Activity: 2590
Merit: 228
September 10, 2017, 10:25:31 PM
preety nice questoin a there' nothing defferent to accept bitcoin as salary and the salary for a regular job, bitcoin use easy for any transactions if ever have company offer bitcoin as salary i will accept because if i need a local currency bitcoin can easy to convert to local currency.
sr. member
Activity: 547
Merit: 253
September 10, 2017, 10:23:28 PM
Right now, I am accepting the salary for my regular job in the form of fiat cash (Indian Rupee), and I want to continue with that system. If I accept the salary in the form of Bitcoins, then I will face trouble when I try to make the payment for rent and utility bills. Also, tax returns is another major issue. How can I show the income in BTC?
You can't show a reliable income when it comes to Bitcoin, unless you have had a really long time period where you have constant income coming from something like a signature campaign (as a quick peek in on your account specifically), or having some kind of other occupation which allows for you to have a relatively consistent income which you can prove.

I always advocate using a combination of both fiat and Bitcoin work. No point burning bridges with people who you know will have some work for you in the event of Bitcoin collapsing. Nothing ever lasts forever and it is better to have options rather than limiting yourself just because one appears to make money.

That would be a better opportunity for us yo have both fiat and bitcoin income. Making bitcoin as sources of income is a better way for living and having regular job as well can be also a sustainable one. Other bitcoiners quit their main job, but for me that's wrong because bitcoin income always changes and sometimes took for so long before you can appreciate the profit.
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