Topic: Who is Easier to Convince? Employer to Pay in BTC or Local Store to Accept BTC (Read 2221 times)

legit employers are not "tax free" no matter what currency is sent by them or received to you.

in some countries the employer handles the tax BEFORE handing the employee the remainder..
so dont ever think that you should ever tell your employer to break the laws of most countries by suggesting they should pay you in bitcoin to evade tax.
in other countries the employee receives the full funds and its the employee that has to handle their own income tax payments.
so dont ever think that you should break the laws of most countries by thinking that being paid in bitcoin will obsolve you of tax implications

it does not matter what form of currency it is. there are income tax implecations to every country.
in short income tax is treated as if you received foreign currency. like an american does "remote" work for a european country and gets paid euros, as a easy comparison. to scenarios you should used to seek the correct tax implications.

tax evasion is a crime. so if you live in a country where incometax is a requirement, then paying it is a requirement no matter what type of currency was used.

tax avoidance can be done. this is not simply by accepting a different currency. this is about forming things like trusts or changing your nationality or you physically not living in a certain country for more than a few months at a time.
again its not simply accepting a different form of currency.
its mainly about who/where you are and who/where the business is, that concerns taxes. not the form/currency of the payment

if you live in america working for a legitimate company anywhere in the world, by u living in america most of your life you will end up needing to pay dollars to the IRS for your income you receive no matter the currency or method was

Both are hard, Yess it is true that if your employer will pay you in bitcoins then it will be tax free but in my country paying tax is very important.
On the other hand it is also hard for local storees to accept bitcoin instead of fiats because most things that are needed for their store can only be bought with fiats so they will have to pay a extra fee for the exchange of bitcoin to fiat

It is definitely much easier for merchants to accept Bitcoin instead. Merchants just need to sign up for a POS system and they can implement it easily. There isn't any cons to it even if customers choose not to use it. It is also rather easy to exchange them for fiat and it would probably also attract Bitcoin enthusiast to the shops.

Asking employers to pay their workers in Bitcoin is much harder. The employer has to exchange the fiat to Bitcoin with fees included before paying the employees. This process can be complicated and it wouldn't be logical unless the entire company requests for this.

this would not work in most of the countries i know. if you try to circumvent taxes i can guarantee you, that you will get in trouble or you are so unsuccessful, that it is not worth it anyway. In most countries i know (in the so called western world) the state needs to know to know that you work and how much you make, because they want to tax you. other work is not allowed. this sounds stupid, is stupid, but what you gone do?

In my opinion, it’s easier to convince the local stores to accept bitcoin as payment than the employers to provide salary in bitcoins.

Because if stores that sell daily goods know about the benefits of bitcoin and the fact that there are not much shops that accept bitcoin and bitcoin users are desperately in finding those shops, these stores will gain popularity at least among bitcoin users and their sale will increase significantly.

It’s always better to have more than one currency accepted in stores, especially if those are local stores that sell things you need everyday and it’s cryptocurrency.

Well it will make their transaction more easier if local store will accept it thats why i think they are the one will be the easiest to convince since i dont see any employer pays his workers a digital money or any other processor excisting today and i would be agree if it will be more works for them to do that if they really implement it.

If I tell my employer in my country that if they pay me in bitcoins they will not pay any taxes they are going all the way to just pay me through bitcoin. For this they have not to declare me as a worker in their company which is something very difficult to do in my country so although the very good will of my employer to pay me in bitcoin to evade taxes its not possible because of strict control from the financial authorities here.

Of course it is much easier to convince the employers because they can pay your salary without tax. Same as you receive your salary in much higher than usual because its tax free

Maybe can tell them about that, I can't say that is easy but trying to tell the employer about that and waiting for their reaction. maybe you will find your answer. I think this is very useless to talking in this place if you can finding the real answer for yourself.

usually when they start accepting bitcoin they use services like bitpay or anything similar so it would be easy to track them down and see how much bitcoin transaction one shop/merchant had in the past and calculate taxes that way.

Maybe because the local store is familiar with a daily needs and i think it's no a good place for bitcoin. and the first things bitcoin is made becoming a gateway for the online transaction.

Both are very tough to convince because still bitcoin not much popular that people are easily to convinced.If we can do this it would be great for bitcoin.I think local Store (where you buy your Food) to accept Bitcoin then it easier to convince an Employer to pay you in Bitcoin.

Why would an employer give a shit? All they have to do is send a bit of your wage to some third party who'll probably eventually go bust anyway. I don't think local stores are the right place for BTC. Online makes far more sense.

A store would be easier, especially if there is a large amount of customers who will be happy to pay in bitcoin.


You have to pay tax when paying out in bitcoin? You may, but how can the authorities track you? Especially if youre a wage worker.

I'm pretty sure that it is far easier to convince a local store to accept BTC than an employer to pay wages in BTC. The reason is obvious: The local store owner has some motivation to accept BTC, because it might add new customers. For the employer there are no benefits - instead BTC payments will generate additional costs associated with acquiring the BTC in the first place and accounting costs.

I never tried to convince anyone to accept/use BTC who was not asking for it. And I think it is not a good idea to do it, because it may quickly lead to disappointments when there is no demand for Bitcoin or funds are lost due to insufficient competence to handle payments.

ya.ya.yo!

Of course it is easier to convince stores because it could represent a good opportunity for them to increase their clients, but actually I can't see a special advantage of employers to pay with bitcoins because it might be more disadvantageous then advantageous for them because most employees would reject this digital currency and it might also generate some financial issues at the moment of paying taxes.

Every case is different we can't generalize here at all. Some employers would gladly listen to you and try research what bitcoin is all about bitcoin, some others won't.
In some cases even if employer would like to pay you, there will be legal issues effectively blocking this possibility.

Convincing employers to pay their workers in Bitcoin is probably the most difficult thing. Especially because not everyone is interested in Bitcoin. Then you have the workers that will complain as they are promised to get paid $500 worth of Bitcoin, but due to the price going down he just ended up with around $430 worth of Bitcoin. Too much headache and extra work for employers. Convincing merchants to accept Bitcoin is much easier as the merchant in question doesn't need to do much. People pay in Bitcoin, and they receive fiat. And it doesn't cost them a penny if this payment option doesn't get used. It's all about the potential extra revenue. That's what will interest merchants.

I would say, convincing a merchant to accept Bitcoin is easier... not all employers wants to switch payroll systems or wants to deal with a currency that are not defined as a currency according to all

governments. The tax implications is also something they need to deal with... The employers have to report salary payments to the tax authorities and Bitcoin payment might make this too complex.

Once Bitcoin is clearly defined as a currecy, things will be easier... until then payment processors that deals with Bitcoin/Fiat conversion needs to be used. 

such a store would only accept cash. but many also take credit cards. why not bitcoin


big cooperations might be harder since you might have to convince more than one person.
i do not think it will always be easier and better to accept fiat, but right now their focus is on fiat. this could change.