I will choose to get paid in bitcoin. I'm aware of the risk that it has upon accepting it but what's that if we've been already in the crypto market for years and understands how volatile it is.
We're for the high risk yet very rewarding type of asset that we've been used to those ups and downs of the market so that won't matter to me and I'll be happy to accept it.
Topic: If you can get paid through cryptocurrency, do you still choose fiat currency? - page 8. (Read 1541 times)
July 31, 2021, 06:49:29 PM
July 31, 2021, 06:24:25 PM
It would depend on the current market situation I guess. It could be better if they will pay me in crypto or bitcoin to be specific if its value is high but if it is low or in the verge of falling down even more, I would then prefer fiat currency as a payment for my service.
if we were in bullish trend , its better to receive payment in cryptcurrency especially bitcoin or major coins such as eth and bnb. when we hold it more profits will come us. but while market down ,maybe stable coin will be better to avoid assets value decrease. Meh. I'll pass on the stablecoins, as I remember reading that it can be frozen and I wouldn't want my salary to be frozen.
A little bit through BTC and fiat are all good for me. Maybe the unstable price of BTC would be a bit disadvantage, but hodlers always know their way.
that i why we should look at market condition so we could adjust in which methode we could receive. A little bit through BTC and fiat are all good for me. Maybe the unstable price of BTC would be a bit disadvantage, but hodlers always know their way.
July 31, 2021, 05:23:44 PM
It would depend on the current market situation I guess. It could be better if they will pay me in crypto or bitcoin to be specific if its value is high but if it is low or in the verge of falling down even more, I would then prefer fiat currency as a payment for my service. I think some company out there in the world are already practicing paying their employees cryptocurrency. Looking back with El Salvador's decision of making bitcoin a legal tender, there's a high possibility that it would work out well for them as their citizens gets more oriented to cryptocurrencies.
I think if we will be educated with crypto, just like what El Salvador has done to their citizens, then having crypto as a salary is not a problem. The problem with crypto is its high volatility so whenever the price falls down, i will choose fiat over crypto. Aside from the reason that most of the basic necessities are getting paid in fiat, crypto has no fixes value because it fluctuates every now and then. Maybe in the future, if crypto has its high fixed value, then getting paid on it is never really a problem. 
July 31, 2021, 03:10:05 PM
The current situation is difficult to comprehend but to be practical, I will not use my own cryptocurrency to purchase items because this is the time when you should save more assets due to the bear market. Wait for the market to recover or go on another bull run; if you've used those as payment, you'll be very sorry. Use fiat currency, which is very stable, rather than crypto, which has the potential to grow after many months. Take note that it is the fourth quarter of the year, and there are always two options: either the market will recover or the market will have a bull run for the rest of the year, so it is better to be safe than sorry.
However, if the market is very stable, with no signs of a correction or bear market, I am free to use it as a payment method. And I'm wondering why I would use cryptocurrency when it's stable if fiat is always stable? It makes no sense, so I'll continue to use fiat
However, if the market is very stable, with no signs of a correction or bear market, I am free to use it as a payment method. And I'm wondering why I would use cryptocurrency when it's stable if fiat is always stable? It makes no sense, so I'll continue to use fiat
July 31, 2021, 03:03:30 PM
I did not know about Bitwage. It is a platform based in San Francisco according to his Twitter account created since 2014.
I would answer taking two criteria into account.
1. Yes, I would accept payment of my salary in bitcoin. Although I know about cryptocurrencies, I am also thinking of people who do not know about bitcoin and that this step we are taking is to include it throughout the world for the advantages it will provide in the economy.
2. Once we achieve massive adoption, usability problems will be solved either with the Lightning network or any other solution.
I would answer taking two criteria into account.
1. Yes, I would accept payment of my salary in bitcoin. Although I know about cryptocurrencies, I am also thinking of people who do not know about bitcoin and that this step we are taking is to include it throughout the world for the advantages it will provide in the economy.
2. Once we achieve massive adoption, usability problems will be solved either with the Lightning network or any other solution.
July 31, 2021, 02:54:00 PM
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Meh. I'll pass on the stablecoins, as I remember reading that it can be frozen and I wouldn't want my salary to be frozen.A little bit through BTC and fiat are all good for me. Maybe the unstable price of BTC would be a bit disadvantage, but hodlers always know their way.
July 31, 2021, 11:36:05 AM
It would depend on the current market situation I guess. It could be better if they will pay me in crypto or bitcoin to be specific if its value is high but if it is low or in the verge of falling down even more, I would then prefer fiat currency as a payment for my service. I think some company out there in the world are already practicing paying their employees cryptocurrency. Looking back with El Salvador's decision of making bitcoin a legal tender, there's a high possibility that it would work out well for them as their citizens gets more oriented to cryptocurrencies.
July 31, 2021, 11:19:19 AM
I would accept crypto as the payment when I get paid and I can sell my crypto to fiat anyway so it's no problem if I get paid in crypto or in fiat. I don't know for other people if they prefer crypto to fiat because if you ask me fiat is useful since not all people know how to use technology and not all people know bitcoin. There are also countries where bitcoin is banned or not adopted.
July 31, 2021, 10:48:05 AM
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getting paid with Bitcoin is more profitable than just fiat...I am currently paid in bitcoin by bitvest because I am participating in the bitvest signature campaign, i imagine that it is an offline company where I work so I prefer to be paid with bitcoin than fiat, besides that I also have the choice to keep hold or swap some to fiat.
July 31, 2021, 07:36:10 AM
both of them are important receiving payment from cryptocurrency is also like person that is receiving salary through fiat, the cryptocurrency we received cant be spend and use to buy anything without conversion to fiat in most countries, even before buying cryptocurrency you will use money in the bank to buy, both are related and can not function without one another.
July 31, 2021, 03:55:18 AM
Since the adoption in my country is so low even if I was given the option to get all my salary in bitcoin I will be unable to accept it, however if I could get a part of it in fiat and another part on bitcoin then that would be ideal for me as I will save myself the fees, which is not a great deal but any satoshi that you save counts at the end of the day, the only people that will be able to accept their full salary in bitcoin are those that live in a country or region in which they can use their bitcoin in a similar way to their fiat and there are not a lot of places like that.
Regulations for crypto only apply to some countries and only some companies that enforce the distribution of salaries using bitcoin in accordance with applicable laws. If your country doesn't have any regulations for crypto, I don't think it's possible to pay employees with bitcoin, unless maybe you're an employee of a crypto exchange or other company with an alliance about crypto. 
July 31, 2021, 06:34:29 AM
Payment of wages in crypto will probably be a much more flexible option for countries that legalize crypto for payment. I think the crypto community will gladly accept it because this is also a form of support for the usefulness of crypto itself (mean of payment). Personally I have no problem as long as they are willing to pay me in crypto either partially or completely, it's up to them. But if I had a choice, maybe I would also choose 50:50 fiat and crypto.
July 31, 2021, 04:01:37 AM
If given a choice I would take majority in crypto and rest will have to take in fait because hardly any of the merchants accepts the crypto for making payment. So there will require fiat only in order to make payment. If everyone or majority as well accepted the payment in crypto would have gone with complete crypto.
July 30, 2021, 06:48:37 PM
Quote
Bitwage is a platform that converts wages into cryptocurrency. Bitwage founder Jonathan Chester said: “A lot of people now want to earn part or all of their wages through Bitcoin.” The company has made contributions in the United States, Europe, Latin America and Asia this year. 20,000 employees. Some users processed $30 million in salaries, including employees from Google, Facebook, General Electric, Philips, the United Nations, and the U.S. Navy. Many of these employees have signed up for this service themselves.
Chester stated that he converts 15% of his monthly salary into virtual currency, which is "a way to not worry about whether to buy or accumulate bitcoin or cryptocurrency at the right time."
Chester stated that he converts 15% of his monthly salary into virtual currency, which is "a way to not worry about whether to buy or accumulate bitcoin or cryptocurrency at the right time."
Many companies are also considering allowing their employees to choose to receive partial or full compensation in the form of cryptocurrency. If you can get paid through cryptocurrency, which one would you choose? If the boss pays in Bitcoin, would you want it? Or you continue to prefer to pay in fiat currency to facilitate the purchase of tokens you like.
Do you think cryptocurrency payment will be a new trend in the future?
July 30, 2021, 06:07:31 PM
Since the world economy is still run by fiat, later down the line I will be forced to cash out my cryptocurrencies in exchange for fiat in order to sustain my survival. If there's a way we can go through all forms of establishments and be presented with an option to pay using cryptocurrencies I don't see any reason as to why I should exchange my coins for fiat which is not only a much inferior form of money, but is quite unsanitary given the health risks that the COVID pandemic has presented us. So it's more like I have no choice really because if I do, I will always choose cryptocurrencies.
As cryptocurrencies are volatile, I would choose fiat currency, yeah. I would rather getting paid in fiat and then invest some amount into cryptocurrencies. Because I use cryptocurrencies for investment purposes mostly.
This too. I can't risk losing my already miniscule salary lol. For the moment cryptocurrencies aren't ready yet for what the world really needs. But sooner or later some genius will come up with a way to integrate the necessities of the public to cryptocurrencies, it's just a matter of when at this point. 
July 30, 2021, 03:02:45 PM
As cryptocurrencies are volatile, I would choose fiat currency, yeah. I would rather getting paid in fiat and then invest some amount into cryptocurrencies. Because I use cryptocurrencies for investment purposes mostly.
July 30, 2021, 02:27:08 PM
If they choose to pay me in Cryptocurrency or fiat, I will never accept fiat but if I must choose crypto, it must meet my requirements.
- It must be during bear market, so that I can hold them, if they are paid in crypto at all time high, there is likely high chance of loosing much value.
- If the above options isn't favorable, I will go with USDT because holding is also an hedge against inflation in my darling country who keep devaluing its local currency with stupid policies.
And the point is that you can't accept payments for volatile assets like bitcoin. because there can't be such a thing to only your favor. They will definitely send the appropriate value from the market at that time . There are still many who do not accept crypto payments and I think that is understandable due to the factor of asset transfer fees and other things.
July 30, 2021, 09:10:27 AM
snip
Many companies are also considering allowing their employees to choose to receive partial or full compensation in the form of cryptocurrency. If you can get paid through cryptocurrency, which one would you choose? If the boss pays in Bitcoin, would you want it? Or you continue to prefer to pay in fiat currency to facilitate the purchase of tokens you like.
Do you think cryptocurrency payment will be a new trend in the future?
i would prefer if the company i work for pays me with Bitcoin but still uses the dollar rate. many Bitcoin paid signature campaigns have implemented it, and companies definitely won't be hard to imitate it. Many companies are also considering allowing their employees to choose to receive partial or full compensation in the form of cryptocurrency. If you can get paid through cryptocurrency, which one would you choose? If the boss pays in Bitcoin, would you want it? Or you continue to prefer to pay in fiat currency to facilitate the purchase of tokens you like.
Do you think cryptocurrency payment will be a new trend in the future?
July 30, 2021, 04:34:33 AM
Quote
Bitwage is a platform that converts wages into cryptocurrency. Bitwage founder Jonathan Chester said: “A lot of people now want to earn part or all of their wages through Bitcoin.” The company has made contributions in the United States, Europe, Latin America and Asia this year. 20,000 employees. Some users processed $30 million in salaries, including employees from Google, Facebook, General Electric, Philips, the United Nations, and the U.S. Navy. Many of these employees have signed up for this service themselves.
Chester stated that he converts 15% of his monthly salary into virtual currency, which is "a way to not worry about whether to buy or accumulate bitcoin or cryptocurrency at the right time."
Chester stated that he converts 15% of his monthly salary into virtual currency, which is "a way to not worry about whether to buy or accumulate bitcoin or cryptocurrency at the right time."
Many companies are also considering allowing their employees to choose to receive partial or full compensation in the form of cryptocurrency. If you can get paid through cryptocurrency, which one would you choose? If the boss pays in Bitcoin, would you want it? Or you continue to prefer to pay in fiat currency to facilitate the purchase of tokens you like.
Do you think cryptocurrency payment will be a new trend in the future?
If the certain company I am working with has the ability to pay me in cryptocurrency, I would still like it to be in fiat. Don't get me wrong, I know that bitcoin has already withstood the test of time, hence, I am confident in bitcoin's potential. However, being compensated in cryptocurrency form has its advantages and disadvantages. For example, your salary is $500 every 15 days and the bitcoin's price is at its peak value then, your company will buy 500 dollars worth of bitcoin in its high position - a lesser amount of bitcoin for you. But if you'll opt to receive fiat instead, you can keep all the 500 dollars to yourself and wait for the dip of bitcoin's price. That way you can buy more bitcoin with the money you have at hand.
You see, there will be discrepancies in wages paid by the company based on the price of the coin you will pick as your compensation. You can either benefit from it or be at the losing end. It just depends on the status of the market - bearish or bullish. That is why I still prefer to be paid in physical money then I will be the one to determine how much and when should I invest it.
Cryptocurrency payment would definitely be one of the new trends in the future. Right now, there are already several countries and establishments that are accepting cryptocurrencies as payment for transactions. In no time, many brands and countries will adopt the movement too. It will be nicer because people will have more choices and options to pick from.
Also, first receiving it in fiat causes less trouble regarding taxation and it also allows you to choose when to invest a portion into crypto and when not. A decent alternative is to agree on a 50 crypto : 50 fiat solution, but honestly speaking fiat only is just less of a hassle under most circumstances.
July 29, 2021, 06:37:15 PM
If they choose to pay me in Cryptocurrency or fiat, I will never accept fiat but if I must choose crypto, it must meet my requirements.
What if your requirements don't happen? It was so ridiculous, where an employee tried to make his boss work hard for his subordinates. The company will only pay its employees when it is due. No matter the currency rate, they have to pay their debts as quickly as possible. In addition to keeping the employee's economy in good shape, this will also have a good impact on the related company.- It must be during bear market, so that I can hold them, if they are paid in crypto at all time high, there is likely high chance of loosing much value.
- If the above options isn't favorable, I will go with USDT because holding is also an hedge against inflation in my darling country who keep devaluing its local currency with stupid policies.
Employees certainly don't want to be late in receiving their paychecks, even if it's using cryptocurrency. Because someone's management has been determined and planned by the family so that employees can survive.
All companies really don't want to be regulated by their own employees, if indeed the company decides to pay employee salaries with crypto.
So companies will not care about crypto market conditions, companies will only pay salaries according to the time they have set. For example,
paying salaries at the beginning of each month, the company will still pay employee salaries with crypto at the beginning of every month no matter
the market conditions. Therefore, most companies still prefer to pay their employees salaries with fiat, because crypto prices are very volatile.
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