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Topic: Company Starts Paying Salary In Bitcoin ? (Read 530 times)

newbie
Activity: 188
Merit: 0
June 25, 2018, 03:20:08 PM
#64
That"s nice to hear that crypto is legally adopt by some countries,and if that maybr happened also here will many employees have become like an investors because they have to keep save/keep their salary in their wallets and wait for the high price  value in the market.
full member
Activity: 602
Merit: 106
If I could get my salary in the amount in Bitcoin that is equal to my normal paycheck in fiat money I wouldn't really mind it.

But if it becomes something like this that in the contract it says your monthly salary is 0.5BTC now this is a bit sketchy, you could really lose (or gain a lot Cheesy, depends on the market/luck).
member
Activity: 322
Merit: 20
I would not mind getting some of my salary in Bitcoin, as long as it was done at current market prices and it was no more than around 10%. For the moment is too dificult.
sr. member
Activity: 645
Merit: 250
great news! people get more money without selling now! I think this is a wise decision! if you get 50k a year, then hold 1 year and you can get ~150k!

The thing is, this is their salary and they have bills to pay.  I'm sure none of the employees will be long term hodlers.  They will sell some of the bitcoins as they earn them to pay bills and buy food. 
newbie
Activity: 99
Merit: 0
great news! people get more money without selling now! I think this is a wise decision! if you get 50k a year, then hold 1 year and you can get ~150k!
sr. member
Activity: 377
Merit: 252
I have a familiar programmer who was offered a payment in bitcoin or ether. He categorically refused  Grin.
The news is good, but I do not think that many employees will agree to receive their earnings in the crypto.

That's true. While, is great to see that some companies are thinking about crypto payments I think because of the volatility in the market they almost use it as a strategy to essentially underpay its employees. its  no surprise why some aren't very happy, its not yet a stable mode of payment and its risky still.
sr. member
Activity: 1344
Merit: 261
If that's the case then I'm going to Japan right away! I'd love to work and get paid with BTC, but you know there are pros and cons on between getting a work that will pay BTC and will pay fiat, if we get paid through BTC the chances are that the prices are low on that certain date or the price is high and will help you gain more, it's quite risky right? and if you get paid in fiat then you'll get that fixed rate whenever or whatever happens, though there will be no price hikes that help you gain more.
hero member
Activity: 840
Merit: 508
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Several companies actually pay their employees in Bitcoin or some other cryptocurrency. In fact, as far as I'm aware almost all ICOs have a crypto part to their salary, and many of the employees are working entirely for crypto. Right now, it's becoming less and less desirable as the market delves deeper into the red. However, for promising projects, it's certainly a reasonable payment option, the problem is even trash projects think it's acceptable to pay in their trash coins.
full member
Activity: 658
Merit: 100
this is an encouraging news for the development of crypto currency if some companies start to make payrolls by using bitcoin
member
Activity: 126
Merit: 10
I suspect that if bitcoin falls sharply, like now, will your employees still accept a fixed ratio of bitcoin payments? Wages should be a relatively stable payment. If it is me, I will not accept an uncontrollable payment method.
full member
Activity: 378
Merit: 100
I would not want my company to pay me a salary by bitcoins - suddenly on the day of payments the bitcoin price will drop by 20-30%? Then do not withdraw the salary, wait until the price grows again?  Cheesy
newbie
Activity: 70
Merit: 0
Good to see a regular established company embracing bitcoin as a way to pay their workers. They will part of history as one of the first to really adopt bitcoin in the workplace. I'm sure others will follow and not just in Japan but in other countries as well.
legendary
Activity: 1568
Merit: 1002
I think it is an optional variant and not many workers will choose it. Bitcoin is very good for dark market but for legal operations fiat currencies is better.
Yes it is just an optional and there are still many people who are lay with bitcoin so there are still many workers who can not accept or approve the statement, but please note bitcoin is not only good on the black market, if we can build bitcoin into something far better like hiring a worker with bitcoin, it will indirectly boost bitcoin growth much better and will probably have a stable price. With the policy, I think we should support it, because it is something positive.
full member
Activity: 504
Merit: 101
I think it is an optional variant and not many workers will choose it. Bitcoin is very good for dark market but for legal operations fiat currencies is better.
member
Activity: 359
Merit: 10
Fast, Smart, Trustworthy
Japan is the country most in need of cryptocurrency in the world. It is a very advanced idea. Other countries will keep up with Japan in 1-2 years. Japan is a very powerful country.
hero member
Activity: 1106
Merit: 501
Japanese Company Starts Paying Salary In Bitcoin its good news for Cryptocurrency market.
Multi-billion dollar tech giant in Japan, the largest internet company actually (GMO) is already paying employee salaries in cryptocurrency.

This is only the beginning!
 
http://fortune.com/2017/12/14/gmo-bitcoin-salaries-japan/

This Japanese Internet Company is Offering to Pay Salaries in Bitcoin
GMO's new payroll option will be launched in February 2018.

This is the example for never end crypto market right?

It is a big step for bitcoin to become more valuable and maintain their coin purpose, and this is a good idea for their employers to have more salary for the reason of bitcoin can raise its value anytime and if ever bitcoin raise its value with them holding their salary there then obviously their employers has a salary advantage among others
full member
Activity: 532
Merit: 100
This is a good sign for crypto currencies, this is a very good news. But Bitcoin is not stable, according to me should be the consent of the staff.
jr. member
Activity: 56
Merit: 3
I think its not workout because if company paying the salary in BTC then have problem to employees because once receive the BTC after that BTC price will down then employees loss there money so its not good for employees
member
Activity: 364
Merit: 16
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Once again, Japan takes the lead. No wonder they’re one of the most technologically advanced nation in the world. I’m sure other companies there would follow suit. I personally would like to receive bitcoin as a bonus or a perk.
full member
Activity: 209
Merit: 100
it was not the first time we are seeing this,
actually some company already made this kind of movement and most of them were came from japanese.
as far as i remembered they're the first country who openly accepted it as a currency.
we could see that they made a move by regulating their own exchange so they could prevent money laundry that was why they made a decision to support it.
so it's not really surprising to see it actually,because we are expecting something more from the country who accepted Bitcoin openly.
Honestly, this is not the first time that it happened. In the previous years, there are companies that already done this activity. It is a big opportunity for everyone because there will be an interaction between every country. Other company can do the same. If they do that, the exchange of bitcoin will increase rapidly.
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