Costa Rica, Workers to Paid in cryptocurrency! - page 5.

Getcoinsite

sr. member

Activity: 714

Merit: 260

Quote from: Xester on July 22, 2018, 10:14:51 PM

https://news.bitcoin.com/costa-rican-workers-can-be-legally-paid-in-cryptocurrency/

In this article we can read that a new breakthrough in bitcoin economy is realized. We are always talking in this forum of the possibility of workers being paid in bitcoin or in any form of cryptocurrency. Finally the government of Costa Rica is now on the move of making that dream a reality by legalizing cryptocurrency as part of the salary of the workers.

The real question is, if this trend will become successful in long term or will not last long?

Wow this is one great news,costa rica is one big country and if they will really implement this big amount of cryptocurrency will circulate day by day,and this may become another example for other countries to try using crypto than fiats for labor.

And what you have seen is big question,that if this may long last or just in a short period

ice18

hero member

Activity: 2492

Merit: 542

This only shows that Costa Rican government has very openminded when it comes to crypto we can see here how other countries will react with this adoption by government salute to the government officials of this country, the only question comes to my mind is if Costa rica can make it legal why others cannot? Maybe this government is transparent to its people unlike others.

Alonso92

newbie

Activity: 29

Merit: 0

This is actually revolutionary the payment ecosystem and will actually entrench the anonymity of bitcoin itself. Congrats to the Costa Rican Workers

befriendmywater

member

Activity: 658

Merit: 10

Quote from: Xester on July 22, 2018, 10:14:51 PM

https://news.bitcoin.com/costa-rican-workers-can-be-legally-paid-in-cryptocurrency/

In this article we can read that a new breakthrough in bitcoin economy is realized. We are always talking in this forum of the possibility of workers being paid in bitcoin or in any form of cryptocurrency. Finally the government of Costa Rica is now on the move of making that dream a reality by legalizing cryptocurrency as part of the salary of the workers.

The real question is, if this trend will become successful in long term or will not last long?

I think paying with Crypto is not a trend. Because the business owner is holding a lot of USDT on the exchange and they just want to transfer the money quickly without spending time.
Crypto payment is probably a new thing but it will not be a trend. Because there are relatively few countries involved in this market.

OscarWatson3213

newbie

Activity: 63

Merit: 0

That's a good news for Costa Rica. Together with this, workers have to take risks. Because Bitcoin's development is unstable. No one can predict the time it goes up and down

VitKoyn

full member

Activity: 490

Merit: 106

Quote from: Xester on July 22, 2018, 10:14:51 PM

https://news.bitcoin.com/costa-rican-workers-can-be-legally-paid-in-cryptocurrency/

In this article we can read that a new breakthrough in bitcoin economy is realized. We are always talking in this forum of the possibility of workers being paid in bitcoin or in any form of cryptocurrency. Finally the government of Costa Rica is now on the move of making that dream a reality by legalizing cryptocurrency as part of the salary of the workers.

The real question is, if this trend will become successful in long term or will not last long?

This is not the first time a government allowed employers to pay their employees with Bitcoin or cryptocurrency, actually it is already happening is some other countries like japan. But this is a great news for workers from costa rica, since they can soon choose to receive part of their salaries in cryptocurrency. Hopefully, other governments will also implement this, and if the same thing will happen from other countries that made cryptocurrency legal, the demand on cryptocurrencies will surely increase drastically. I don't see any reason for this to not last long because receiving a cryptocurrency is also the same as receiving fiat as payment or salary, and it also has a value.

forumsehat

newbie

Activity: 120

Merit: 0

this is a very good step taken by the travel state, by paying the workers with my crypto currency will be very profitable for the future, and I strongly believe that this will take place in the long term.

D3m1r4wanti

full member

Activity: 714

Merit: 102

After Japan, Costa Rica started to pay workers using bitcoin. I think that's very good news, especially if workers can get back to trade the bitcoin they have on some exchangers so they will get another benefit

easydrawrex

newbie

Activity: 73

Merit: 0

Wow, it makes me happy to hear and read news about Cryptocurrency like this one. If it will continue to be a chance to give people a decent job, then I really believe it would go long-term and hope for it's best success in the future. Indeed, cryptocurrency is really starting to make waves globally and it is such an exciting site to see.

smartbitcoininvestor

sr. member

Activity: 652

Merit: 257

It will be a good thing as long as the cryptocurrency grows. Depending on what it is and what it will be used for the cryptocurrency may have no use. On the other hand, if they are getting paid in something like Ethereum or Ripple then there will be immense value in having and transacting with it.

justsimpleram

jr. member

Activity: 462

Merit: 1

bithostcoin.io

Wow this is great nice to here this news. I hope someday cryptocurrency will be accepted all over the world. Because some of the countries don't recognize it yet. But because of this article there's a chance that crypto will be accepted to all soon. And I want to be paid in cryptocurrency too.

pooya87

legendary

Activity: 3472

Merit: 10611

there is some problems with this. mainly it depends on the views of the government about cryptocurrencies, if they see them as commodities, etc. then there will be some taxation problems involved but if they see it as a currency then things will be a lot easier when getting paid in them but the problem is only bitcoin is a currency not all the rest!
additionally there is no point getting paid in something that is hugely volatile and i am not talking about bitcoin, but the altcoins that also happen to be manipulated too. and as long as you can't spend it (no place accepts them as payment) there is no point getting paid in it.

Ava Duvall

jr. member

Activity: 154

Merit: 1

if this is what works for people- i'm all for it! i'm glad that crypto is being invested into everyday life, and hopefully this won't be such a rare thing. it will be more common

vonnyaries

full member

Activity: 350

Merit: 100

wow, its great to hear that news, so the workers and employee in Costa rica can get the cryptocurrencies as their salary? maybe it will be a good things and bad things, good things is bitcoin is more popular because of this and maybe some people in Costa rica will buy bitcoin, but the bad things is when the price of bitcoin is down, they got some losses because of they hold bitcoin from their salary

Xester

hero member

Activity: 994

Merit: 544

https://news.bitcoin.com/costa-rican-workers-can-be-legally-paid-in-cryptocurrency/

In this article we can read that a new breakthrough in bitcoin economy is realized. We are always talking in this forum of the possibility of workers being paid in bitcoin or in any form of cryptocurrency. Finally the government of Costa Rica is now on the move of making that dream a reality by legalizing cryptocurrency as part of the salary of the workers.

The real question is, if this trend will become successful in long term or will not last long?

Topic: Costa Rica, Workers to Paid in cryptocurrency! - page 5. (Read 540 times)