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Topic: [Poll] Are you using BitWage to get any of your paycheck paid in bitcoin? - page 2. (Read 1229 times)

legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Whats the benefits of BitWage over having your wage paid in fiat as usually, and then being able to choose where to buy, when and at what rates you buy the Bitcoin? I guess its a lot quicker but you may be losing money by doing so?

The benefit is having the option of dropping your bank account. By setting it up on a regular basis you take advantage of dollar cost averaging which is a safer way to convert your currency.

My purchases spread out over the first 6 months of the year buying once every 2 weeks when my paycheck went through averages $245/BTC. That's with the start of the year being over $300/BTC.
hero member
Activity: 770
Merit: 509
Whats the benefits of BitWage over having your wage paid in fiat as usually, and then being able to choose where to buy, when and at what rates you buy the Bitcoin? I guess its a lot quicker but you may be losing money by doing so?
legendary
Activity: 3248
Merit: 1070
That is awesome service, but will never take off in my country. I would love so much to get btc directly, but it will be just a wet dream for now. Will see how it is in a couple of years.

actually you can, and even without this service, there are many ways to get bitcoin directly, by doing online tasks and the best one we already know what is it
hero member
Activity: 686
Merit: 500
That is awesome service, but will never take off in my country. I would love so much to get btc directly, but it will be just a wet dream for now. Will see how it is in a couple of years.
legendary
Activity: 1372
Merit: 1000
--------------->¿?
I would make a try starting with 5% but they don't offer their services in Canada yet  Undecided
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
I'd get my whole check in btc if I had a job. Maybe I'll get a job just so I can use BitWage. Nah, working sucks. lol
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
My employer owns some BTC and is open to it, however Just buying them myself is also working. I am still considering it.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Are you using BitWage (http://www.bitwage.co) to get any of your salary converted to bitcoins?

If so, how much?

Doing a quick calculation, after the next halving if just 4000 people with an average salary of $1k per week were getting paid in bitcoins (at a price of $300) we would have money flowing into the Bitcoin ecosystem equal to the amount of every miner cashing out all of their bitcoins.

That's not counting new people discovering Bitcoin and buying some.
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