Topic: How many of you work and are 100% paid in Bitcoin? (Read 4175 times)
I wish I could get my salary in btc, and if it's so I would like the half of the salary in btc
I think being 100% paid in bitcoin is a really bad idea at the moment... we're really not there yet. I love bitcoin and I'm a huge supporter but that would just be way too risky. Bitcoin is still far too volatile to merit investing everything into it. Plus you can't spend them on all the things you need yet, so you'll have to convert a significant amount back to USD (or whatever currency your country uses) anyway. I would consider being partially paid in bitcoin but I would do no more than like 20% to be honest.
if i could recieve a % of my weekly pay in bitcoins i would for sure. i would also use it to buy goods i need and ould spend it and not use it exactly like an investment. maybe a portion
Agreed. Since the title of the thread makes no mention of salary it is very likely the OP just used that word as an incorrect proxy for "income". It is more believable that ~15% of people claim that 100% of their income is in Bitcoins.
My salary is 100% Bitcoin - 7 (17.9%)
My salary is partially paid in Bitcoin - 6 (15.4%)
I think a lot of people are mistaking earning from bitcoin (trading/mining) and salary wages.
Probably some miners voted for this as the numbers seem quite impossible.
Agreed. I am fairly certain the number of persons who's SALARY is 100% paid in Bitcoins is ~0% I would love to be proven wrong though so if you receive a Salary 100% paid in Bitcoin please let me know.
Mining income =/= salary
Doing contract work (i.e. 1099 worker) =/= salary
Making a profit day trading =/= salary
A salary is wages paid by an employer (and that employer is subject to payroll taxes and withholding requirements). In the US if you receive a salary you would also receive a W-2 at the end of the year stating your salary and the taxes withheld.
Of course that means that the poll doesn't have any options for those whose income is entirely from contract work or from the sale of products or services.
As such, those people are left trying to choose from several options that don't exactly match their current circumstances.
If my income was partially (or completely) from bitcoin, and I didn't have a "salary", I'd probably choose one of the two "salary" options, since either one would better match my situation than "jobless" or "100% fiat".
So perhaps the problem is that the poll was ill conceived and is not designed to accurately measure what it's attempting to measure.
My salary is 100% Bitcoin - 7 (17.9%)
My salary is partially paid in Bitcoin - 6 (15.4%)
I think a lot of people are mistaking earning from bitcoin (trading/mining) and salary wages.
Probably some miners voted for this as the numbers seem quite impossible.
Agreed. I am fairly certain the number of persons who's SALARY is 100% paid in Bitcoins is ~0% I would love to be proven wrong though so if you receive a Salary 100% paid in Bitcoin please let me know.
Mining income =/= salary
Doing contract work (i.e. 1099 worker) =/= salary
Making a profit day trading =/= salary
A salary is wages paid by an employer (and that employer is subject to payroll taxes and withholding requirements). In the US if you receive a salary you would also receive a W-2 at the end of the year stating your salary and the taxes withheld.
My company refuses to pay me anything in BTC, don't matter to much I am now a miner.
Tell me how and where I can buy breakfast, lunch, and dinner with bitcoins and I will stop using fiat. Tell me where I can pump gas, pay rent and utilities, and buy cigarettes using bitcoins and I will use nothing but bitcoins from now on. The people who are receiving 100% bitcoins for work payment must be converting much of it into fiat; if not, tell me how you can live entirely off bitcoins.
edit: buying gift cards with bitcoins and using that to purchase items is just an unnecessary hassle; I'd rather just use fiat in that case.
edit: buying gift cards with bitcoins and using that to purchase items is just an unnecessary hassle; I'd rather just use fiat in that case.
Jobless here. almost 3 years already. I'll say 100% living with bitcoins, as per now doing trading,mining and accepting services. 5 digit income permonth if convert to my local currency, more than i had while been slave by sitting on chair did 9-5 job last time.
Unfortunately hjbuell you're in the position a lot of freelancers and self-employed people are, it's very common, some people are just wankers, this is partly why I'm setting up a store instead, I may take commissions later if I find more people are willing to trust me and pay me. Sometimes it's legitimate paranoia on whether you're a scammer, because in the Bitcoin community people are very careful of that, but if you've done the job for them honestly and are waiting for payment then they're just nothing more than deadbeats.
Really, you're extremely lucky if you get paid at all in fiat and you're doing writing, it isn't just a Bitcoin problem.
http://www.worldslongestinvoice.com/ - Almost hitting $16,000,000 in unpaid invoices.
Really, you're extremely lucky if you get paid at all in fiat and you're doing writing, it isn't just a Bitcoin problem.
http://www.worldslongestinvoice.com/ - Almost hitting $16,000,000 in unpaid invoices.
Getting people to pay in BTC is not easy, particularly when you're self employed and not providing mining hardware or system hardware.
I write - and unless a client already has BTC and is willing to pay in them, it's just far too much headache to try and convince them to jump through hoops to work with me when everyone else accepts fiat with no questions asked.
Besides, several of the clients I work with who do have BTC still choose to hold their fiat rather than use it to pay for articles and such.
I don't see how I could make it any easier - but maybe someone here has a suggestion? Scroll down to see the payment options (BTC and PayPal).
https://hjbuell.com/copywriting/
I write - and unless a client already has BTC and is willing to pay in them, it's just far too much headache to try and convince them to jump through hoops to work with me when everyone else accepts fiat with no questions asked.
Besides, several of the clients I work with who do have BTC still choose to hold their fiat rather than use it to pay for articles and such.
I don't see how I could make it any easier - but maybe someone here has a suggestion? Scroll down to see the payment options (BTC and PayPal).
https://hjbuell.com/copywriting/
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My salary is 100% Bitcoin - 7 (17.9%)
My salary is partially paid in Bitcoin - 6 (15.4%)
I think a lot of people are mistaking earning from bitcoin (trading/mining) and salary wages.
Probably some miners voted for this as the numbers seem quite impossible.
Or more probably people tend to not vote honestly.
I make around 20% of my income in cryptocoins. I mine alt coins and convert to bitcoin.
Sometimes i have the luck to participate in projects paying with BTC , but for now i have only 0.5BTC Hope i will get more in the future!
BR,
Gondel
BR,
Gondel
Getting payed in BTC would mean that every coworker and the company would know how much you have and what you spend it on. Bye bye privacy.
Not me, maybe someday.
Getting paid in BTC and not having it tied to USD rates would be "interesting".
Getting paid in BTC and not having it tied to USD rates would be "interesting".
I'm not, Bitcoin is a very attractive proposition to anybody who doesn't have a job that knows anything about it, you don't get taxed the second you start making an income ( Only when you sell for paper currency ) and you don't have to deal with all the usual b.s. involved with paper money until you're ready and earning.
Frankly, I'm more surprised that not all the unemployed have gotten into Bitcoin but it just shows you what a grip central banks have on our countries.
Frankly, I'm more surprised that not all the unemployed have gotten into Bitcoin but it just shows you what a grip central banks have on our countries.
Im most suprised that nearly a quarter of the people here dont even have jobs.
I believe Andreas Antonopoulos stated in his talk at the L.A. Bitcoin meetup recorded on jan 14, 2014 that he is currently being paid 100% in Bitcoin and has been 'for the last several months', at least as of the time of the recording.
http://www.youtube.com/watch?v=bTPQKyAq-DM
I know I have heard him state it and I think it was from that particular video, but I may have it confused with another..
http://www.youtube.com/watch?v=bTPQKyAq-DM
I know I have heard him state it and I think it was from that particular video, but I may have it confused with another..
my income is 100% bitcoin, and from legitimate business.. unlike the silk road teenagers of last year
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