Bitcoin as salary for a regular job? - page 43.

BITDV

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Quote from: francesyrus on September 09, 2017, 11:50:23 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.

Before we accept bitcoin as salary we need to understand that bitcoin price is volatile, and how they will pay you in bitcoin. For example your boss pay you with this schemes

$800 USD for month
BTC price : $4500
Salary in BTC : 0.17

And then bad thing happened, bitcoin price drop in few hour to $4000 . What's your opinion and strategy to prevent loss?

criz2fer

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Quote from: DoublerHunter on September 10, 2017, 12:28:22 AM

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.

Your right bro, it is vey unstable to have a bitcoin as salary. I think that will never happen specially for a regular job in a certain country.

quierx16

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Quote from: francesyrus on September 09, 2017, 11:50:23 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.

nope because the value of bitcoin is not stable. what if before you go home to exchange your hard earn bitcoin salary the price was dropped?
every minute the bitcoin price has change $30 and up.

staceyoh

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I will accept bitcoin as my salary because I know in
the coming years bitcoin will become more popular
so that means it is great to make bitcoin as a salary.

crismass1225

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I cannot accept bitcoin as a payment for may regular job as it is volatile character. Value and price may vary every minutes I can have High salary or Low salary if i accept it, i still prepared fiat money as payment for my regular job as it have stable value.

But if a country will regulate it and make it as legal currency like fiat money maybe i will try to accept it. but for now i will leave it as an asset and investment like other cryptocurrency i have right now. It will be good in my part to leave it as it is.

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Quote from: Hamphser on September 10, 2017, 07:46:14 AM

Quote from: francesyrus on September 09, 2017, 11:50:23 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.

I wont accept such thing since you cant do anything about it when the price do drops on bitcoin unlike on having our local fiat which do have fix price.Its much better to accept the traditional ways since we can able to decide if we do invest on some things.Making partitions depending on priorities together with savings and investments.Volatile price is the main hindrance for such thing to be accepted.

I agree volatility is very big problem. But as OP stated he could swap some BTC in FIAT right away so this wouldn't be such a problem.

I personally would accept up to 30% of my salary in BTC now. If i would have to choose only one I would still take FIAT, as there is no problem converting FIAT in crypto.
It would be fun to watch how this topic will progress over time. Maybe in five years time answers will be very different as today.

mitchr4

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Quote from: francesyrus on September 09, 2017, 11:50:23 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.

I will not accept payment using bitcoin for my regular job. Because it is very risky to see the current prices are fluctuating. But if they do not determine the amount of salary in the form of bitcoin it may be acceptable.

Hamphser

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Quote from: francesyrus on September 09, 2017, 11:50:23 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.

I wont accept such thing since you cant do anything about it when the price do drops on bitcoin unlike on having our local fiat which do have fix price.Its much better to accept the traditional ways since we can able to decide if we do invest on some things.Making partitions depending on priorities together with savings and investments.Volatile price is the main hindrance for such thing to be accepted.

vinc3

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As of the moment I am not in favor on that matter, why??? Because the price of it is quite volatile as of the moment that you would not like if you have a fix monthly responsibilities you need to provide in to. When you budgeted already then the market price suddenly dip or crush where are you going to get your short comings? The better way to take advantage of the the price arbitrage of bitcoin is to use it as a sideline or mini-investment whether the price dips or rise there is no problem since you have your primary income.

bubblebit

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If that what's my company is implementing, Yes I will accept it with wide hand opened. When I worked and payed in signature campaign do we complain about the price of bitcoin, No! we don't. Work in and out of real and virtual world only differ on presence but not on work itself. I may will recommended it at first hand to considered paying by means of crypto currency only because I believe on its future ahead.

Protected101

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Quote from: Pleione527 on September 10, 2017, 07:12:56 AM

Yes I'll accept bitcoin because I believe this will continue to appreciate in the coming years. It's a great opportunity earning bitcoin because you can also have investment out of your earnings without doing anything. Although bitcoin is unpredictable and unstable still having it can make you financially stable

For me,bitcoin as my salary will take into risk we do not know how long is bitcoin.but one thing i wish is that it will takes forever to help other people who is jobless.maybe it can be another source of income having our job and bitcoin in our life.

faceoff97

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Its a good idea and honestly I would love to do it. But it would not be applicable for all. Bitcoin is volatile, it changes from time to time. People who wouls only agree with it are those who truly trust the potential of bitcoin. I still believe that salary must not put into any risk it must have value that deserve what you have work. I think, workers must have a choice if this is to be done, one can either do it or not. But as for me, I would love to. I have my fulk trust with bitcoin potential.

tyuner4

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I would love to accept Bitcoin as my salary. But since i still need fiat for expenses, best way is to accept bitcoin as portion of my salary, maybe around 30%.

Pleione527

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Yes I'll accept bitcoin because I believe this will continue to appreciate in the coming years. It's a great opportunity earning bitcoin because you can also have investment out of your earnings without doing anything. Although bitcoin is unpredictable and unstable still having it can make you financially stable

Quietman

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This is really interesting. There are some terms that I have to consider. First, if that company will pay me a fixed amount regardless of what the current value of bitcoin is. And it must be higher than the wage of ordinary employee in terms of fiat. The price might be unstable but definitely there are more and bigger chances that bitcoin will rise its value.

But I would prefer to accept cash.

kyori

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Nope, I will still go on cash than bitcoin because anytime Bitcoin can drop down and it will lose its value but cash will not and that is the power of cash

zoelhack

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very willing, because when paid with bitcoin then I will be benefited, can be more value than the difference in selling price of currency

FabulousZombie

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nah i wouldn't accept that!
as other people said, the price is unstable.
Better get a stable salary than worrying all the time in case something happens and my salary drops so much that i cant even buy a ticket for a bus for example..
Its a risk that i wouldn't want to take!

Crafts12

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Quote from: DoublerHunter on September 10, 2017, 12:28:22 AM

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.

Even though it is volatile it still good because your money will have a possibility to be doubled if its price but if its sad when it dump. I think its risky but you are lucky when it pump. I agree that the salary that we get from bitcoin is much higher than the salary that we get from our work. if you want a fixed value then you just need to convert your bitcoin so that its value will not change and still remain on what it is.

trecore4

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Quote from: francesyrus on September 09, 2017, 11:50:23 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.

Surely I will take it as green option to use to pay people in crypto currency. The popularity is increasing day by day and prople actually wants to have more investment or assets in the form of bitcoin. That would be easy to accept because prople won't have to go buying bitcoin themselves and they can just get paid in the form of bitcoin. So in that want and the increasing value of bitcoin will result in acceptance of this payment mode.

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