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Topic: Can we adopt altcoin to pay wages? - page 5. (Read 1749 times)
Of course, we can! But in the current state, where billions of people have not even heard of altcoins, would it be positive? Maybe just like a "pilot project," but not for everyone at this moment. I know that there is a company in my country which enables their employees to be paid in a form of BTC or other altcoins, which sounds like a brave move from them. On the other hand, why not? The world has been already changed by several freaks, so this might be a new opportunity to do so as well .
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Currently, wages in the crypto currency will not be very convenient for employees. I think that it would be advisable to introduce such a form of payment, when the crypto currency can be paid everywhere.
You can just get the subcoin in to make the investment not to pay the fee. You can get in pay the fee. In the crypto money world you can do what you want infinitely. Be careful not to lose money while doing these things.
Can we pay salaries and wages in shape of altcoins?
What problems can be occurred to adopt it?
What problems can be occurred to adopt it?
As per news from Japan that some Japanese Company offers Bitcoin for wages payments but it is optional of employees, so it is all the of risks will be shoulder by employee since the price of BTC is not stable,and any problem encounter after payments is also absorb by employee, any this is not compulsory to all.
Can we pay salaries and wages in shape of altcoins?
What problems can be occurred to adopt it?
Not in my country. Only a handful of merchants accepts crypto as a means of payment thus employees would find a need to convert it to our local currency. Besides, the volatility of it would pose a problem determining the exact salary of an employee. What problems can be occurred to adopt it?
Under current circumstances, any such move can be extremely risky. Because the exchange rates can go up or down by 10% in a single day... so if the wages are made to someone, the chances are that he may get a lower amount by the time he converts it to fiat.
I think payments is not possible in such alt coins where movement is high. Constant altcoin maybe considered for it.
At this point it is hard to consider altcoin to pay wages specially the value is volatile. Not all basic commodities can pay using altcoin. Maybe in the future like 10 to 20 years from now once the value of altcoin is stable and we use it as currency a replacement of paper bill or other method of payment.
i think that it all depends on the way that you are going to pay them and if the employee agrees on that, otherwise i dont think that it is good
Volatility will be a major concern. Suppose you will give 2000 Fantasy Gold Coin per month to the employee as salary. If the price is down, employee will be concerned and if price is too high, you might feel foolish giving away that much 
Yes, we can pay wages in term of altcoins but there can be many problems . Prices of altcoins are not fixed and we have first convert them to use for our basic needs and for that one may have to wait long .
Yes I really agree with your opinion that is one big problem because the price of altcoins are not fixed.But I think if it is legal in the whole country and the price are fixed that is better for us. 
I think there is a possibility that the alternative coins can be used as a payment in wages.
The big thing is not all people are applicable to used it since not all of them are informed about cryptocurrency.
The big thing is not all people are applicable to used it since not all of them are informed about cryptocurrency.
I think that for us it is still very far away, because many people of older age and they do not even use the Internet, it's too early for us, but in the long run everything can be!
Can we pay salaries and wages in shape of altcoins?
What problems can be occurred to adopt it?
Oh yes of course. I think we can do so. I think the only problem might be the volatility. Even with that one i don't see it a huge problem. Your payer won't need to set your payment at a fixed value, that's all. Your payment needs to be pegged to the current market price of that particular coin it's paid in What problems can be occurred to adopt it?
I think, of course, the cryptocurrency is getting more and more introduced into human life every day, but our longitude mentality is taking a new one, that's why I think until people are ready for salaries with alcoins. I would like to see whether we will pass to this.
It seems possible. It probably depends on the acceptance of the employer. In addition, the problem may be the possibility of paying cryptocurrencies for work in the country of the employee. There are still tax and other issues arising from labor law.
I think we cannot adopt that because not all people can easily used alternative coins.
Many people are not well inform in technology which is a huge factor to be consider as a disadvantage.
Many people are not well inform in technology which is a huge factor to be consider as a disadvantage.
You can just get the subcoin in to make the investment not to pay the fee. You can get in pay the fee. In the crypto money world you can do what you want infinitely. Be careful not to lose money while doing these things.
Yes it's possible, but the thing is... that alternative coins need a stable value or what I mean is, the circulation of that specific coin is good and the community is already welcome it in some ways. The only problem is, many people is crab mentality and trying to burn out other successful works like this one. But who knows in the future?
Can we pay salaries and wages in shape of altcoins?
What problems can be occurred to adopt it?
When you do bounty campaigns you are receiving something like salary. Do you like it? I think that more people would like to receive USD because tokens in most cases go down and down. What problems can be occurred to adopt it?
I think we can do that but the mere question is “Does the labourers or the employees will like it?”,
remember not all people are not yet inform in the legacy of cryptocurrency and its function in the society.
remember not all people are not yet inform in the legacy of cryptocurrency and its function in the society.
Yes, it may take a decade, or a little faster than five years, the cryptocurrency will replace cash. Are you ready to accept it all?
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