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Topic: Salary Paid in Bitcoin - would you do it? - page 15. (Read 1324 times)

newbie
Activity: 140
Merit: 0
In my particular situation, I'm married and not the only person providing household income. With that being said I could afford to take an entire income in BTC bc obviously, it would be worth a fortune in the future. Many people that are the sole provider for the household like if they were single or a person that had a stay at home parent as a spouse I don't believe I would do it in that scenario unless your a professional at Tech. Analysis and are willing to pay short term taxes on your gains and still have enough profit to make it work. Also you'd have to consider how much time that would take away from your life if you have to do your job 9-5 and then trade to bring it to fiat after work is done.

Lot's to consider and for some it would be possible. For many it's probably not feasable yet since BTC isn't widely accepted for groceries yet.
member
Activity: 350
Merit: 41
I don't think that's the point, although I get what you're saying. More about whether people would accept (any) cryptocurrency as payment. For the purposes of this thread, let's assume it's Bitcoin, or perhaps that you could choose which cryptocurrency to get paid in.
full member
Activity: 616
Merit: 100
hmm, its look not good right now because if they paid salary with their own cryptocurrency i think it will be risky if the price of the cryptocurrency is not stable and the price is going down and going up in a second its will be risky to their salary, maybe it will decrease their salary if the price of crypto is going down
member
Activity: 350
Merit: 41
A company did an interesting social media experiment on people's acceptance of cryptocurrency as a method of payment for salary.

https://www.youtube.com/watch?v=-vcGUeDlnLU&t=30s

Looks as though it could possibly have been staged by the company (I don't think so??), but the results seemed similar to what I would expect if it was genuine. And I think it is actually a clever way of promoting their token sale, more potential to go viral than other promotional videos I've seen. Anyway, personally I think I would be happy to take cryptocurrency as at least part payment for salary, and depending on circumstances, the whole amount.
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