How to receive your salary in Bitcoin?

trickyriky

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Quote from: ?? on ??

Quite simple. You just need to work and buy bitcoin with fiat.

This is the coolest recommendation ever. Unfortunately, still many people think that cryptocurrencies are the way out. They think using crypto will let them not work at all (I mean stable job), but finally, even these guys understand that this is a mistake. If you work, you can use 30% (it depends) on your salary to buy Bitcoin and certain trusted tokens.

Oceat

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Quote from: Moiyah on August 03, 2019, 10:08:23 PM

That may be difficult, dude. There's nothing I know about that kind of company that may pay you and already converted that fiat into bitcoin. And I'm not aware Australia had that kind of service. Good thing youve said it here. Hence, you have no choice since Adsense or Google only paid in fiat money into your bank account then the only way is just to buy bitcoin using that fiat money. You can't avoid the taxes.

Maybe it's a new thing today because most companies don't know how cryptocurrency works and it is somehow challenging to them since the high volatility of the market makes it a little complicated if they want to give the right amount to their employees but if it's a fixed USD/BTC then that might work. It's just the company's choice to choose whether they like the old school or they have to adapt to this new technology.

Lanatsa

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Quote from: Master Miller on May 03, 2019, 07:40:47 PM

Why don't I simply receive my income in fiat currency and then buy Bitcoin with it? Because I want my income to stay as much away from banks as possible. My goal is to avoid taxation, which in my country is absurdly abusive.

You are saying contradictive here, you already get yourself into banking matter since you've said that google pays you up with international bank transfers.For now you

don't have any options because google doesn't support Bitcoin yet.So you would still stick to that situation and also I don't recommend nor trust 3rd parties to received my youtube video pay.Its too risky actually.

beerlover

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Quite simple. You just need to work and buy bitcoin with fiat.

That is the level for which you know dear, you don’t have to necessarily get fiat to have bitcoin, there are so many people who are working to earn bitcoin and does not need to convert the fiat to but bitcoin.

There are lots of companies and projects that you work with now and would rather prefer to pay you in bitcoin, look at blockchain developers, some of them get paid in cryptocurrency like bitcoin, it is now left to them to quickly convert it to fiat and store in their traditional bank or leave it in their wallet to continue to grow for future increase, that is if they are interested in keeping it as investment for future.

I have done so many jobs that I have been paid in bitcoin, which I have also paid others too in bitcoin without us having to make use of fiat again.

bitbunnny

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I've heard about some IT companies in UK thar were paying salaries in Bitcoin. But that was only exception and the salary was only partly paid in Bitcoin.
I don't know if there is a way to negotiate with your empoyer about paying salary in Bitcoin because that might be very complicated and risky for him because of financial and tax regulation.
Personaly I think that is very risky to get paid in Bitcoin because of volatility so I wouldn't choose that option.

Moiyah

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That may be difficult, dude. There's nothing I know about that kind of company that may pay you and already converted that fiat into bitcoin. And I'm not aware Australia had that kind of service. Good thing youve said it here. Hence, you have no choice since Adsense or Google only paid in fiat money into your bank account then the only way is just to buy bitcoin using that fiat money. You can't avoid the taxes.

Bunsomjelican

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Quote from: Master Miller on May 03, 2019, 07:40:47 PM

Hi all. Bitcoin newbie here posting for the first time.

I am a Youtuber earning a living from the money I make with my videos. That money is paid to me by Google through international bank transfers. There's no other payment method.

I'm looking for some way to receive that money in Bitcoin. Some kind of service that receives your salary for you from your employer, converts it to Bitcoin and pays it to you. That would be really useful to people who work for companies that refuse to pay in crypto.

Recently I found an Australian company called Get Paid In Bitcoin (https://getpaidinbitcoin.com.au/) that does just that. You give your employer their bank details, they receive your payment, convert it to Bitcoin and transfer it to your wallet, after a fee. However, unfortunately, they only work in Australia. Which doesn't make sense to me, since Bitcoin doesn't differ national to international transfers. Maybe someone knows of a similar service that works internationally?

Why don't I simply receive my income in fiat currency and then buy Bitcoin with it? Because I want my income to stay as much away from banks as possible. My goal is to avoid taxation, which in my country is absurdly abusive.

Any input would be greatly appreciated. Thanks.

You are a youtuber right? and on your statement you want to be pay thru bitcoin or you want to have bitcoin were you can avoid taxation?
Because the only things I knew was that paying bitcoin as your salary could be happen on bounty campaign that pays BitcoinBTC weekly here in the forum. But directly from the company outside this business industry, I doubt there is. And as far as I know from your salary in youtube you can able to buy bitcoin using your fiat and try to transact to localbitcoin where you can able to have bitcoin.

senyorito123

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That's not a problem if you wanted to receive your salary in bitcoin. Your company should be oriented with cryptocurrency so that they'll be affiliated through fiat and digital currency banking. Both parties should be able to be compatible in order that the direct deposit from bank to local trading site, that caters bitcoin transactions using wallet will be accommodated smoothly.
With that system, the company should be able to run the entire salary system without problems because it's banking digital transaction is confidentially running without hassle; in order to make your fiat be received as bitcoin on your registered btc wallet address.

nowlscor18

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As of now, we can't see bitcoin as a means of salary payment since it is volatile. Imagine, if I have a monthly salary of 200 dollars worth of 0.05 at the rate of 4,000 usd per BTC and it rise up to 10K dollars in a week, maybe I become a millionaire. It is just like as a double pay. That is the positive side. How about if things will reverse? What if the market experienced an exhaustion?

If there's a job that could offer me to receive bitcoin as my main salary I would love to accept and deal with it. Furthermore, the volatility isn't a problem, because one day as price could stabilize you can appreciate it and your salary can be profitable asset.

coiningz

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Its easy to find scamers with reuests like your unfortunately. You can try to use exchange bank address but i dont sure that it will work fine. But in my opinion this is much better than try to find noname sites. Also, try local bitcoin if you can often change bank address in google account

Irvinn

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Right now, when the cryptocurrency market is in poor condition, getting cryptocurrency as a salary seems to me not very profitable. I think that all Bounty Hunters will understand me, where their earnings have dropped significantly. But if we talk about salaries at a company or a company that can pay salaries in cryptocurrency, then it is absolutely necessary to recalculate the cost of salaries in accordance with prices on the cryptocurrency market. I think that this is a very complex process and not every company administration will agree to this.

janggernaut

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Quote from: Ms_Arc on August 03, 2019, 04:54:35 AM

Is this 3rd party service reputable? Huh

Based on OP's story, that service only available on Australia, do you live on there?

If you want to convert your salary to btc, why don't just exchange your FIAT to btc once you get your salary through exchange site?

Ms_Arc

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Is this 3rd party service reputable? Huh

Bitcotalk

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Quote from: Ezron on May 04, 2019, 08:14:03 AM

Actually, Bitcoin is a cryptocurrency, http://injuryattorneyca.com/ a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. I have no idea on How to receive your salary in Bitcoin?

All you need to do is to find out or generate a Bitcoin address/link that will help your sender to send you the Bitcoins. You need to navigate the account options after logging into your wallet, by clicking receive button will take you to the information there you need to get it from the sender.

There is no doubt Bitcoin has no intermediaries but the medium you want to send & receive money with is your wallet especially the address regardless of whether it is a salary or loan.

TomArayaSlaya

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I will suggest you stick to your Google payment methods and then buy crypto afterward when you receive your money Third-party like that will actually or mostly end up scamming you i will suggest you be very careful with your personal info There is no use for what you are trying to do as long as you are receiving your funds on time

CryptoToxicAvenger

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I wouldn't trust some company like that with my money. It's easier for me to get paid in Fiat, and then convert it into any currency. There is still a possibility that such a company will be dishonest.

neonshium

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Quote from: gentlemand on May 03, 2019, 08:06:18 PM

https://www.bitwage.com/for-individuals/ is the obvious choice but I don't know exactly how they work. Anyone who offers it is going to be by the book as much as possible so I'd let go of the idea of being safely ensconced from The Man.

Have you checked whether Google will send to third party accounts? They may have a rule against that.

I think, google will only send payments onto the bank account once verifying the name on the account with the name on the youtube account. There always is much risk involved in such bank transfers including scams and frauds so platforms like google might only send payments onto verified accounts. OP should never risk his channel by posting any unknown bank details just in order to get those funds converted into cryptocurrencies.

Instead there always are much options to buy back bitcoins with bank transfers and platforms like localbitcoins.com offer various buy/sell orders supported by various payment means including bank transfers, cash, RTGS, etc.

futile-resistance

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Quote from: Master Miller on May 03, 2019, 07:40:47 PM

Hi all. Bitcoin newbie here posting for the first time.

I am a Youtuber earning a living from the money I make with my videos. That money is paid to me by Google through international bank transfers. There's no other payment method.

I'm looking for some way to receive that money in Bitcoin. Some kind of service that receives your salary for you from your employer, converts it to Bitcoin and pays it to you. That would be really useful to people who work for companies that refuse to pay in crypto.

Recently I found an Australian company called Get Paid In Bitcoin (https://getpaidinbitcoin.com.au/) that does just that. You give your employer their bank details, they receive your payment, convert it to Bitcoin and transfer it to your wallet, after a fee. However, unfortunately, they only work in Australia. Which doesn't make sense to me, since Bitcoin doesn't differ national to international transfers. Maybe someone knows of a similar service that works internationally?

Why don't I simply receive my income in fiat currency and then buy Bitcoin with it? Because I want my income to stay as much away from banks as possible. My goal is to avoid taxation, which in my country is absurdly abusive.

Any input would be greatly appreciated. Thanks.

Any platform similar to the platform you introduced maybe scam or just another ponzi scheme who are sitting over there just to rip you off. If you are a newbie then always do remember to be more cautious and only trust on the platform having live example or several happy users. It would get challenging for you to find whether the platform is real or scam as you are new and lack in some knowledge but you should always check on the reviews for such sites.

Also there are some platforms which offer bitcoins for youtube promotion which may work simultaneously like adsense. The cryptocurrency field is developing strongly and if you stay close to the markets, you will surely see something good coming up where you can earn good amount of profits in cryptos.

rijaljun

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Quote from: Oceat on May 04, 2019, 02:57:57 PM

If those companies would accept it why not but the main reason is that they don't because there is no available way and it is a hassle to them since they don't understand it first. OP might like to make his salary just like to the signature campaigns where all of our salaries were given through the address that we provided. And for the taxation, i don't think companies would want to exempt OP from paying taxation since that is how the companies explain it to the government on how they give their money to their employees.

Basically not a single employee can avoid taxation since the company has report how many people they have paid, how much, and how they have done it. And you are right, government would know everything from company and be able to tax anyone.

But, like a cross-nation freelancer, let's say I am a freelancer. How government would know my salary and ask for taxation?

Osarman

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Quote from: Master Miller on May 03, 2019, 07:40:47 PM

Hi all. Bitcoin newbie here posting for the first time.

I am a Youtuber earning a living from the money I make with my videos. That money is paid to me by Google through international bank transfers. There's no other payment method.

I'm looking for some way to receive that money in Bitcoin. Some kind of service that receives your salary for you from your employer, converts it to Bitcoin and pays it to you. That would be really useful to people who work for companies that refuse to pay in crypto.

Recently I found an Australian company called Get Paid In Bitcoin (https://getpaidinbitcoin.com.au/) that does just that. You give your employer their bank details, they receive your payment, convert it to Bitcoin and transfer it to your wallet, after a fee. However, unfortunately, they only work in Australia. Which doesn't make sense to me, since Bitcoin doesn't differ national to international transfers. Maybe someone knows of a similar service that works internationally?

Why don't I simply receive my income in fiat currency and then buy Bitcoin with it? Because I want my income to stay as much away from banks as possible. My goal is to avoid taxation, which in my country is absurdly abusive.

Any input would be greatly appreciated. Thanks.

I don't it is a good thing to collect your money in bitcoin, just find a way to keep collecting it your usual way, I heard that YouTube pays people with PayPal, so I think that is even easier because they are many websites that could take PayPal and give you bitcoin or even you local currency, but my advice would be for you to keep using the traditional means of collecting your YouTube funds because the fees might be high.

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