Pages:
Author

Topic: Salary Paid in Bitcoin - would you do it? - page 9. (Read 1324 times)

member
Activity: 350
Merit: 13
I think payroll with bitcoin is not very good, we know together that the unstable bitcoin price becomes an obstacle to be accepted as official payment media.
sr. member
Activity: 1330
Merit: 326
Its a very very bad idea men. Look into this, the salary of worker is fix  on what they are salary grade or salary standard, While the bitcoin is not stagnant,  its always move up and down, so how come bitcoin is possible to pay for salary.
member
Activity: 156
Merit: 10
I would prefer to receive my salary in fiat rather than in money wise. Although the price of bitcoin is getting stable down, but is still risky. So i think is better to receive money than bitcoin.
jr. member
Activity: 155
Merit: 1
I would love to be get paid in Bitcoin for sure but recently due to india's central bank pulling off the plug on bank support to Cryptocurrencies exchange will for sure deter me to do so.
Jlv
full member
Activity: 336
Merit: 100
The Future Of Work
I think this is not the right time to use bitcoin as payment for salary, many will complain and against with it because the price of bitcoin is not stable, sometimes people will get paid high, sometimes in lower value so they may not agreed with this situation.
newbie
Activity: 98
Merit: 0
No, because the priceis unstable and trend is down.
jr. member
Activity: 173
Merit: 7
I think I can accept bitcoins as part of my salary, I know it is extremely volatile but I am willing to take the risks. It will become a good savings as it has an earning potential, i will invest it and wait for the right time to trade it and gain profits from it.
sr. member
Activity: 504
Merit: 252
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.

For me, this is also a good way to pay the salaries of the employees of companies. I myself would prefer to accept Bitcoin over any fiat salary. But let us also be fair. I guess there will also be people who do not want it this way because cryptocurrencies are not stable in terms of their prices. Especially to those people who are primarily depending on their salaries, what if the value of the coins will fall down?
sr. member
Activity: 658
Merit: 250
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.

It could be good idea with low volatility of BTC. However, if you work for 1 month and BTC drops from 15 till 5k$ in this month - company workers do not appreciate it  Smiley
full member
Activity: 336
Merit: 102
It depends on when. While the bearmakret i would not have my sallary in bitcoins. Because if you get payed on day, and the other day the price of bitcoin dumps, you cant pay your bills. But last year while the bull market, i would love to receive my sallary in bitcoins. But i dont think that there many companies who would do that. For the most companys these would not be seriouse. And it will be very funny end of the year when you had to makes your tax report. What you want to wirte in? I earned 10bitcoin this year? Grin
sr. member
Activity: 574
Merit: 250
If the payment will be made in BTC I will accept for I know that some day my BTC will make me earn more that those earning real money but cryptocurrency no will not accept for it is too risky.
newbie
Activity: 308
Merit: 0
I do not think that will happen, salary can not be paid in Bitcoin. For now Bitcoin still can not be used as payment, and I think Bitcoin is only suitable as an investment other than gold.
member
Activity: 896
Merit: 10
I will also be very happy to see if bitcoin is used as salary for individuals, the increase usage most probably the supply and demand factor will indirectly impact the bitcoin causing it to moon. However i will not think the idea of substitute bitcoin as the salary will works now as the bitcoin price is too volatile for now and most people will not want to take this risk especially those with families and debts.
sr. member
Activity: 434
Merit: 250
Whtaever the reason given as if now crypto currenc as well bitcoin cant be make as payment unless it is having stable value like USDT or DAi . otherwise companies can distribute employees in the form of shares crypto currency . some percentage they can distribute using Tokens . But complete salary using crytpo currency highly risky . Last 2 months bitcoin price gone half of its value . It will seriously effect eh people who saves money for the future.
full member
Activity: 630
Merit: 102
This is a very good idea but there have to be an agreement between the employees and employer. It will take people that are cryptocurrency oriented to accept. It will also be alright when bitcoin is widely known and accepted.
newbie
Activity: 196
Merit: 0
Wow, it is so interesting that salary would paid in bitcoin.It is a big advantage for me as bitcoiners because im on my way of bitcoin.It is the new way if receiving wages acoss the biards and you can also make it as a profit.Still the best way to paid salary througg btc.
jr. member
Activity: 182
Merit: 2
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.
True what you say. It's more to make their company in the viral media. But this could also be a transformation of the company to prosper workers. Their workers can invest with the salaries they have.
newbie
Activity: 9
Merit: 0
yes i would do that , i think it will be the new way of receiving  wages across the boards and you may make a profit with the price changes but within the next 5 years the experts will find away to freeze the price among the changes , but still will be the best way .
newbie
Activity: 182
Merit: 0
Interesting topic. I think I won't do it if I am the boss of the company but if I am an employee I will accept bitcoin as my salary. Bitcoin price is possible to increase more than we predict in the future thats why I will accept bitcoin salary I'd the company would do it.
newbie
Activity: 136
Merit: 0
I think that isn't good for me because I can buy something using bitcoin. My country ban bitcoin for transaction.
Pages:
Jump to: