Topic: Bitcoin used for payroll (Read 483 times)
Agreed, I really think this is a good idea in theory, but implementation would be difficult in the current state. That being said however I feel like this method would help alleviate reliance on central banks.
It is an interesting idea. However most employees I bet, unless it's at like Google or something, wouldn't have any idea what to do with their BTC. I think if exchanges get their act together this could be more possible because then people could get fiat if they wanted.
Based on current market price for btc at the time of payment, you could recieve your entire paycheck in btc. Wouldn't that just be great? If prices rise then you've actually made money! On the other hand if the price drops bellow what it was when the btc is issued therefore you actually lose money. Of course no company in their right mind at the current time would do this, but the idea is nice.
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