Topic: Finally got my boss to pay me in Bitcoin - page 3. (Read 586 times)
You have done a good job convincing your boss, it is not really easy to persuade people to buy crypto since the market crash, they have lost confidence in the crypto market but a good news that your boss paid you in crypto, it will be more cooler if you also spend your salary in crypto to encourage those markets people, it will send message to those who have not used cryptocurrency to make payment, it will really increase awareness.
I tried as much as I could to let them know about how volatile the market is, and after experiencing it myself I think my loss story was a good example for them to understand, I also talked on privacy and other uses of Bitcoin and my boss was amazed as to the privacy Bitcoin has compared to how he was transacting. Also I put a disclaimer and I wasn't giving away any financial advice.
So you're request your boss to get paid by Bitcoin and you're talking about privacy? now I know if you're only talking bullshit here and it seems it's not a real story. If you're really understand about privacy, you wouldn't ask to get paid by Bitcoin since your boss already know who're you lol. If you both or even more workers know each others about your Bitcoin, address etc. You're already kill your own privacy. 
Along the line my boss got very much interested in cryptocurrency especially in Bitcoin. Assisted him in creating his Bitcoin wallet and taught him all I could, it surprised me when he finally accepted to pay me in Bitcoin and has giving it as an option to other workers, it's a big joy for me and I believe they are also talking about cryptocurrency to their friends and family too, just got my first payment in Bitcoin this evening.
Hello everyone I am very excited today as finally my boss has agreed to pay in Bitcoin. After losing at my first attempt in Cryptocurrency as I thought that wealth falls like rain here I was brought back to reality with losses I got a little job on the side although a small amount paying job I think it is okay for me and I can get back on my feet.
Ever since I started working I have always been talking to my boss and coworkers about Cryptocurrency and after persisting they started to give me listening ears, I made sure to also tell them my experience and made sure they got my picture.
Along the line my boss got very much interested in cryptocurrency especially in Bitcoin. Assisted him in creating his Bitcoin wallet and taught him all I could, it surprised me when he finally accepted to pay me in Bitcoin and has giving it as an option to other workers, it's a big joy for me and I believe they are also talking about cryptocurrency to their friends and family too, just got my first payment in Bitcoin this evening.
Congratulations, your boss has cleared you after much procrastination. Whatever your monthly salary is that doesn't fact, whenever you got it in bitcoins, were excited to receive it. And no one can measure about your happiness except you. But it has to be said that Bitcoin is working smoothly in this regard. Acting as a new mode of payment. Day by day its scope is getting bigger. Maybe in a few days, the various institutions or industries around the world will be paying in Bitcoin instead of paying in fiat currency. Basically new generation will continue in this trend. I believe that in the next few years Bitcoin will be an alternative to all kinds of payments activities. Ever since I started working I have always been talking to my boss and coworkers about Cryptocurrency and after persisting they started to give me listening ears, I made sure to also tell them my experience and made sure they got my picture.
Along the line my boss got very much interested in cryptocurrency especially in Bitcoin. Assisted him in creating his Bitcoin wallet and taught him all I could, it surprised me when he finally accepted to pay me in Bitcoin and has giving it as an option to other workers, it's a big joy for me and I believe they are also talking about cryptocurrency to their friends and family too, just got my first payment in Bitcoin this evening.
Really good to know that you managed to convince your boss to pay you into bitcoin and also made him aware about the decentralisation concept but see I am happy for you but at the same time assume you are well aware about the risk associated with it?
If you are getting your full salary in bitcoin then it's risky as suggested above due to its volatile nature.For example you received $500 at an estimate rate of $16500 then you will receive approximately 0.0303BTC but the next day or moment the prices drop to say $15500 you will have $469 with you which means $31 down in your value so this is main concern if you are taking salary in this format as your expenses could be compromised in case of major crash so handle it carefully.
Second is keeping your funds safe in non custodial wallet or hardware wallet with your seed phrase safe in backup with you as it will give you wallet access for your funds and don't keep them on CEX which can be insolvent anytime or hacked turning your funds into bad loss.Rest best wishes to you and hope for more people like you have awareness about bitcoin.
If you are getting your full salary in bitcoin then it's risky as suggested above due to its volatile nature.For example you received $500 at an estimate rate of $16500 then you will receive approximately 0.0303BTC but the next day or moment the prices drop to say $15500 you will have $469 with you which means $31 down in your value so this is main concern if you are taking salary in this format as your expenses could be compromised in case of major crash so handle it carefully.
Second is keeping your funds safe in non custodial wallet or hardware wallet with your seed phrase safe in backup with you as it will give you wallet access for your funds and don't keep them on CEX which can be insolvent anytime or hacked turning your funds into bad loss.Rest best wishes to you and hope for more people like you have awareness about bitcoin.
Ever since I started working I have always been talking to my boss and coworkers about Cryptocurrency and after persisting they started to give me listening ears, I made sure to also tell them my experience and made sure they got my picture.
This is a positive development for you and your coworkers, and I am happy for them because they have realized the value of Bitcoin and are about to adopt it after hearing about it from you.
I hope you take your time explaining the risks associated with Bitcoin investment, and I also hope you teach them about key and address because they are the most important aspects to understand before investing.
Quote
Along the line my boss got very much interested in cryptocurrency especially in Bitcoin. Assisted him in creating his Bitcoin wallet and taught him all I could, it surprised me when he finally accepted to pay me in Bitcoin and has giving it as an option to other workers, it's a big joy for me and I believe they are also talking about cryptocurrency to their friends and family too, just got my first payment in Bitcoin this evening.
Between adoption and investment, I actually wonder what did you teach your boss about bitcoin?
Here you seem to just tell your boss to invest in cryptocurrency where you don't tell him about its use as currency. I wouldn't be entirely sure that your employer would be happy to pay you in bitcoins if that were the investment asset, but how did that happen?
Here you seem to just tell your boss to invest in cryptocurrency where you don't tell him about its use as currency. I wouldn't be entirely sure that your employer would be happy to pay you in bitcoins if that were the investment asset, but how did that happen?
Congrat to you, but you shouldn't force your co-workers to accept bitcoin, incase if their wallet get compromised then you will be blamed for it. If they are use to fiat payments, then they should countinue with that, anyone that's interested in Cryptocurrency then they can meet you personally so that you will explain it to them.
Also you should explain everything about wallet security to your boss and your co-worker since your boss already accepted to pay you people with bitcoin, how to properly secure your wallet private key, different strategies that scammers use to compromise your bitcoin wallet, and other things which you think will really be helpful to them.
Also you should explain everything about wallet security to your boss and your co-worker since your boss already accepted to pay you people with bitcoin, how to properly secure your wallet private key, different strategies that scammers use to compromise your bitcoin wallet, and other things which you think will really be helpful to them.
Hello everyone I am very excited today as finally my boss has agreed to pay in Bitcoin. After losing at my first attempt in Cryptocurrency as I thought that wealth falls like rain here I was brought back to reality with losses I got a little job on the side although a small amount paying job I think it is okay for me and I can get back on my feet.
Ever since I started working I have always been talking to my boss and coworkers about Cryptocurrency and after persisting they started to give me listening ears, I made sure to also tell them my experience and made sure they got my picture.
Along the line my boss got very much interested in cryptocurrency especially in Bitcoin. Assisted him in creating his Bitcoin wallet and taught him all I could, it surprised me when he finally accepted to pay me in Bitcoin and has giving it as an option to other workers, it's a big joy for me and I believe they are also talking about cryptocurrency to their friends and family too, just got my first payment in Bitcoin this evening.
Ever since I started working I have always been talking to my boss and coworkers about Cryptocurrency and after persisting they started to give me listening ears, I made sure to also tell them my experience and made sure they got my picture.
Along the line my boss got very much interested in cryptocurrency especially in Bitcoin. Assisted him in creating his Bitcoin wallet and taught him all I could, it surprised me when he finally accepted to pay me in Bitcoin and has giving it as an option to other workers, it's a big joy for me and I believe they are also talking about cryptocurrency to their friends and family too, just got my first payment in Bitcoin this evening.
Good story to read but we are all wondering what are those information you tell to your boss to convince him to pay you up using bitcoin only. Are you the only one who get paid with it? or your co-workers are also get paid with this?
I have doubt about this story if you are the only one who get paid on Bitcoin only since imagine how hassle for your employer to buy bitcoins and pay it to your personal wallet which might cost some time and $ to him.
OP, do your coworkers also accept Bitcoin as their salary?
it doesn't matter, but how they manage their finances. while the salary from work is mainly to fulfill their life needs. I mean their operational costs in one month/ if their pay is received every month.
so I think you get Bitcoin from the boss. then you sell it for your needs. it may be different if you save your salary for investment assets. but how do you meet your primary markets?
it doesn't matter, but how they manage their finances. while the salary from work is mainly to fulfill their life needs. I mean their operational costs in one month/ if their pay is received every month.
so I think you get Bitcoin from the boss. then you sell it for your needs. it may be different if you save your salary for investment assets. but how do you meet your primary markets?
OP, did you get your whole income in bitcoin?
If you ask me, I will say that it is risky. What is advisable even by most bitcoin experts especially when it comes to the economics is that only a certain percentage of your pay should be received in Bitcoin while others should be in your local fiat.
To execute this, your organization should consider using Bitwage - They services is like pay deduction. Such like a split paycheck. They send a percentage or fixed amount from your paycheck every month to a specific bank account using a specific ACH transaction.
On the other end, Bitwage will immediately convert it to bitcoin and deposit to into a bitcoin address. You can read more about them here - https://www.bitwage.com/.
If you ask me, I will say that it is risky. What is advisable even by most bitcoin experts especially when it comes to the economics is that only a certain percentage of your pay should be received in Bitcoin while others should be in your local fiat.
To execute this, your organization should consider using Bitwage - They services is like pay deduction. Such like a split paycheck. They send a percentage or fixed amount from your paycheck every month to a specific bank account using a specific ACH transaction.
On the other end, Bitwage will immediately convert it to bitcoin and deposit to into a bitcoin address. You can read more about them here - https://www.bitwage.com/.
It's great to be able to work with a boss who is friendly and can be invited to exchange ideas. Introducing Bitcoin to co-workers as well as the boss where you work takes a long time, I mean it's very difficult to explain step by step to someone who has never known Bitcoin before.
What I want to ask here, have you previously taught your boss about how to make the right transactions?
You also need to tell your boss about the risk if he sends the wrong Bitcoin, usually someone who is just learning something is very vulnerable to the risk of mistakes.
What I want to ask here, have you previously taught your boss about how to make the right transactions?
You also need to tell your boss about the risk if he sends the wrong Bitcoin, usually someone who is just learning something is very vulnerable to the risk of mistakes.
OP, what's the problem with buying bitcoins on your own? I don't see the point in doing extra work for this in terms of teaching or explaining to your superiors that you prefer bitcoin payouts. You do not know how to acquire on your own, so as not to be dependent on someone? In addition, does your boss have to keep any kind of documentation, does he pay everyone in bitcoins, or are you the chosen one?
I, having the property of being a skeptic, see your story only as a fantasy with the hope of receiving merit. Fishing and nothing more.
I, having the property of being a skeptic, see your story only as a fantasy with the hope of receiving merit. Fishing and nothing more.
Congratulations you got what you wanted, I believe unless you have another job paying in fiat or some side hustle giving you extra income you will have to spend those bitcoins to cater to your needs. I don’t see the point if it’s a full time job and your salary is paid in bitcoin. Getting your bonuses in bitcoin but salaries? Not so much
How can you convince your boss of the transaction costs if he decides it's also an option for some workers? I think you're from Nigeria (based on your posthistory) where the standard of living isn't much different from my country where even $0.3 is worth in some areas.
Or skip if you're paid through a centralized platform.
Or skip if you're paid through a centralized platform.
It's great to see your boss accepted to make payment for staffs including you in Bitcoin. It's good for Bitcoin adoption.
Where did you receive and store your bitcoins from your boss?
Is it an exchange wallet?
Is it a non-custodial wallet?
If you receive your payment in an exchange wallet, that is terrible. Reminder: do not keep your money in online accounts
You can lose your bitcoins anytime.
If you receive your payment in a non-custodial wallet, you made a good decision.
Where did you receive and store your bitcoins from your boss?
Is it an exchange wallet?
Is it a non-custodial wallet?
If you receive your payment in an exchange wallet, that is terrible. Reminder: do not keep your money in online accounts
You can lose your bitcoins anytime.
If you receive your payment in a non-custodial wallet, you made a good decision.
Hello everyone I am very excited today as finally my boss has agreed to pay in Bitcoin. After losing at my first attempt in Cryptocurrency as I thought that wealth falls like rain here I was brought back to reality with losses I got a little job on the side although a small amount paying job I think it is okay for me and I can get back on my feet.
Ever since I started working I have always been talking to my boss and coworkers about Cryptocurrency and after persisting they started to give me listening ears, I made sure to also tell them my experience and made sure they got my picture.
Along the line my boss got very much interested in cryptocurrency especially in Bitcoin. Assisted him in creating his Bitcoin wallet and taught him all I could, it surprised me when he finally accepted to pay me in Bitcoin and has giving it as an option to other workers, it's a big joy for me and I believe they are also talking about cryptocurrency to their friends and family too, just got my first payment in Bitcoin this evening.
Best wishes to you. You have achieved success after many sacrifices. In some cases, if you can understand people well, you can definitely get success there. That's what you got right here. My love to you and your boss. In this way, if you can research Bitcoin far and wide, then surely the popularity of Bitcoin will increase and every person will know about Bitcoin. Ever since I started working I have always been talking to my boss and coworkers about Cryptocurrency and after persisting they started to give me listening ears, I made sure to also tell them my experience and made sure they got my picture.
Along the line my boss got very much interested in cryptocurrency especially in Bitcoin. Assisted him in creating his Bitcoin wallet and taught him all I could, it surprised me when he finally accepted to pay me in Bitcoin and has giving it as an option to other workers, it's a big joy for me and I believe they are also talking about cryptocurrency to their friends and family too, just got my first payment in Bitcoin this evening.
Great!
But I think you should tell him to hold Bitcoin and should tell him how the cryptocurrencies work and also tell him where we can face loss.
By the way that is a great achievement which you have got. That's mean you have done the two achievements one is that you have convinced a person to come in Bitcoin world and the second is you've convinced him to pay in Bitcoin.
But I think you should tell him to hold Bitcoin and should tell him how the cryptocurrencies work and also tell him where we can face loss.
By the way that is a great achievement which you have got. That's mean you have done the two achievements one is that you have convinced a person to come in Bitcoin world and the second is you've convinced him to pay in Bitcoin.
Along the line my boss got very much interested in cryptocurrency especially in Bitcoin. Assisted him in creating his Bitcoin wallet and taught him all I could, it surprised me when he finally accepted to pay me in Bitcoin and has giving it as an option to other workers, it's a big joy for me and I believe they are also talking about cryptocurrency to their friends and family too, just got my first payment in Bitcoin this evening.
Well congratulations on being able to convince your boss to pay you in Bitcoin. I know the story is not as simplistic as you have narrated it. You failed to mention if it was full payment he made. Does your boss and co-workers know about its volatility? Does your boss and co-workers know about "Not your keys, Not your coins". These are things you should explain to them. Also, remember to move your bitcoins from the centralized exchange which I know it currently is now to a cold wallet so you do not return to tell us a story of "Had I known". 
You can convert some of your payment to usdt to keep for any case that you lose the investment.
Why would OP go through the headache of covincing their boss to have their salary paid in Bitcoin, only to afterwards convert a part of the salary received in Bitcoin into stablecoins, if OP does that, then they should just have continued receiving their salary the conventional way through a bank account. If one decides to receive their salary in Bitcoin, they should be well and truly prepared to bear the risks involved, that's why a much better option would be to receive your salary in fiat and DCA a fraction of your earnings into Bitcoin every month. Jump to: