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Topic: Will you accept bitcoin as your salary? - page 139. (Read 183572 times)

sr. member
Activity: 292
Merit: 250

As of now, I dont want to accept bitcoin as a salary for my Job in real word or outside of this cyberworld. I have many reason why i dont want it. My reason is What if my salary send bitcoin at high price of bitcoin and the bitcoin price will dump so my salary is not exact at the amount so i need to wait it? But if the price of bitcoin will be stable like other currency i will accept it.
legendary
Activity: 2758
Merit: 1004
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of course, it would be very nice, but I only accept bitcoin as my salary unless it is my side job. well. I do not want my main salary paid using bitcoin, because then I would support my family from my main job. but I hope that I get a salary in the form of bitcoin was, above 1.5 BTC. I think the salary as it was a very good salary
hero member
Activity: 1470
Merit: 655
if it is like a second job's salary then yes but if it is supposed to be my first salary and as bitcoin only then no i don't like it.

mainly because i still need fiat to live my life and spend money so receiving only bitcoin means i have to do a conversion every day that i want to spend also the price is so volatile that i can't feel safe if i receive everything in bitcoin.
legendary
Activity: 1344
Merit: 1006
I'll be happy to receive my salary in Bitcoins but if I will be allowed to make a choice I would request it to be in half since I receive my salary on 15th and 30th, It would be great if every 15th its in Bitcoins and every 30th it's in Fiat, that way I don't need to convert to Fiat if needed.
hero member
Activity: 1050
Merit: 681
no i will not accept bitcoin currency as salary because of its fluctuating nature. sometimes it can happen that my salary is given to me in btc but after sometime btc price crashes and i need urgent money so i have to cashout whatever i have in btc to fiat. i would loose much money at that time. so i use btc just to get extra benefits and buy btc with extra money which i can afford to loose. i cannot accept it as my primary income. sorry.
newbie
Activity: 12
Merit: 0
In Europe there is a hot new pertaining to a company whose going to introduce paying bitcoins to their employees. But given the instability of the bitcoins market value is it an advantage for the employees or an disadvantage. In my opinion this kind of payment for salary is not yet beneficial to employees not until bitcoins price has become stabled. Though if bitcoin will start to increase its monetary value it can be advantageuos but if not then it is a peril to the employees. So what do you think, what is your opinion on this matter?
The volability wouldn't matter if the company is paying the fiat equivalent. Correct me if I'm wrong.
legendary
Activity: 966
Merit: 1042
I would like a small percentage of my wages to be paid in bitcoin. Maybe 5-10% max though. I don't know any grocery store or bank that accepts bitcoins as payment so paying on the mortgage or buying groceries will need fiat.
hero member
Activity: 966
Merit: 507
Of course the current volatility of bitcoin make it very inconvenient to receive your salary on btc, especially because employees depend on steady incomes to cover their expenses and they can't afford to be impacted by an unexpected drop in the bitcoin price.
sr. member
Activity: 854
Merit: 250
Sounds nice but not yet i would love this to happen in the near future where we will able to buy almost everything with btc and use it daily but since bitcoin is not massive yet i would have to exchange them to fiat money to pay for simple things like food,drinks etc.
sr. member
Activity: 1050
Merit: 252
For online jobs I would prefer to receive bitcoin as my salary but if it is my regular and permanent job , no I don't want bitcoin to be my salary I would still like to have my salary in fiat . And yes maybe bitcoin becomes larger but it is not a world leading currency it will always be USD to the leading currency bitcoin is only a worlds leading cryptocurrency . And also it is not a good idea to have you salary in bitcoin because anytime it can be fluctuate to the lower price .
legendary
Activity: 1596
Merit: 1011
July 04, 2016, 08:43:22 PM
#9
I agree if payments via bitcoin. but the problem is the instability of the price of bitcoin. if it is true, then the company must send bitcoin to be based on the dollar. it will be more stable, as we continue to receive the same amount of money. dollars that have been converted into bitcoin then sent to our wallet.
legendary
Activity: 1218
Merit: 1007
July 04, 2016, 08:41:26 PM
#8
In Europe there is a hot new pertaining to a company whose going to introduce paying bitcoins to their employees. But given the instability of the bitcoins market value is it an advantage for the employees or an disadvantage. In my opinion this kind of payment for salary is not yet beneficial to employees not until bitcoins price has become stabled. Though if bitcoin will start to increase its monetary value it can be advantageuos but if not then it is a peril to the employees. So what do you think, what is your opinion on this matter?
I personally wouldn't mind my wages being paid in Bitcoin, since they'd be easily transactable and fairly liquid, and could be a good investment for whatever I wouldn't have to use immediately. I would maybe prefer for 3/4 of my wages to be paid in fiat and the remainder to be paid in Bitcoin, because that way I can be sure that I'll have money to over my expenses and still have a portion paid in Bitcoin.

Maybe if the employer offers some insurance against swings in the market, I can see something like this working.
hero member
Activity: 616
Merit: 500
To God Be The Glory!
July 04, 2016, 08:37:37 PM
#7
For Regular Job? No because you cant be sure how much the exchange rate it will be when you receive it after your working 8 hours a day. what if you you have fixed 1 btc sallary every month and that month the btc exchange rate price is only 250$ would you be happy?. bitcoin today has no stable price yet to make it use as a sallary for daily regular job. so NONONO for me.
jr. member
Activity: 43
Merit: 7
July 04, 2016, 08:35:13 PM
#6
As long as (for now) the BitCoins paid were pegged to a Fiat Currency then it wouldn't be a problem, especially if you were then able to use the BTC for services in your area.

In today's market I would be hesitant to receive "X" amount of BitCoins as a salary.  As a bonus maybe, but not as the salary.
hero member
Activity: 575
Merit: 500
July 04, 2016, 08:32:05 PM
#5
That is really a very great support to the bitcoin, with that bitcoin has got a bigger image and after that I can imagine that bitcoin will get the chances to become international currency as bitcoin after supports like that will get fame all over the world and will be established sooner.
newbie
Activity: 7
Merit: 0
July 04, 2016, 08:28:44 PM
#4
Yeah, I will accept my salary in bitcoin, as bitcoin is also a currency and is now going to be the world leading currency so every person like to get his/her salary in the better and international currency.
legendary
Activity: 1092
Merit: 1000
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July 04, 2016, 08:27:03 PM
#3
Wow. Interesting bitcoin as salary... yes because nowadays bitcoins become larger and larger worldwide.
full member
Activity: 168
Merit: 100
July 04, 2016, 08:13:47 PM
#2
Interesting question bitcoin as salary ? Well for me there is no problem with using bitcoin as payment. the real problem of bitcoin is the volatility of it. But if you'll already have local wallet and bitcoin wallet like coins.ph who already had. You can send direct to local currency so the problem of the volatility of bitcoin is solve. You only decide what you want local currency or bitcoin.
sr. member
Activity: 336
Merit: 250
July 04, 2016, 07:50:27 PM
#1
In Europe there is a hot new pertaining to a company whose going to introduce paying bitcoins to their employees. But given the instability of the bitcoins market value is it an advantage for the employees or an disadvantage. In my opinion this kind of payment for salary is not yet beneficial to employees not until bitcoins price has become stabled. Though if bitcoin will start to increase its monetary value it can be advantageuos but if not then it is a peril to the employees. So what do you think, what is your opinion on this matter?
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