Will you accept bitcoin as your salary? - page 47.

co5hike

hero member

Activity: 798

Merit: 1000

Quote from: 1Referee on October 04, 2016, 03:13:33 AM

Quote from: stromma44 on October 04, 2016, 03:06:38 AM

Quote from: PokerFace3 on October 04, 2016, 03:02:27 AM

Quote from: praprata on October 04, 2016, 02:22:52 AM

Quote from: Crazygreek on August 18, 2016, 01:48:45 PM

If bitcoin were accepted in my country, yes, but in this situation i don't like to riceve a currency that i can't spend without any exchangings and other stuff.

To be honest I would never accept Bitcoin as an salary because the Bitcoin is not stable so that means that the price changes and if the value of the Bitcoin changes then your salary is also going to change.
I think that it is not handy in that way.

You might be right only if you do not have any plan of buying bitcoins.
Instead of getting your salary and then buying some bitcoins with your money, getting some portion of your salary in bitcoin must be right idea as it will save some time and transaction fees too. But I'm not sure getting partial salary in bitcoin will be the option available with all employers.

No company will prefer to pay their employees in two different ways, it will surely waste lot of time and even not all companies will prefer to pay in bitcoins as even they need to be aware about bitcoins first.

Not only that, but from the many employees that they have, there will only be 1 person willing to accept a part of his salary in Bitcoin. Do people seriously think companies will waste their time on just one person? Surely not.

Exactly and I am sure not all employees would be aware about bitcoins, very few of them would be aware about it and may be even they will not accept salary in bitcoins due to the fact that price is too volatile.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: stromma44 on October 04, 2016, 03:06:38 AM

Quote from: PokerFace3 on October 04, 2016, 03:02:27 AM

Quote from: praprata on October 04, 2016, 02:22:52 AM

Quote from: Crazygreek on August 18, 2016, 01:48:45 PM

If bitcoin were accepted in my country, yes, but in this situation i don't like to riceve a currency that i can't spend without any exchangings and other stuff.

To be honest I would never accept Bitcoin as an salary because the Bitcoin is not stable so that means that the price changes and if the value of the Bitcoin changes then your salary is also going to change.
I think that it is not handy in that way.

You might be right only if you do not have any plan of buying bitcoins.
Instead of getting your salary and then buying some bitcoins with your money, getting some portion of your salary in bitcoin must be right idea as it will save some time and transaction fees too. But I'm not sure getting partial salary in bitcoin will be the option available with all employers.

No company will prefer to pay their employees in two different ways, it will surely waste lot of time and even not all companies will prefer to pay in bitcoins as even they need to be aware about bitcoins first.

Not only that, but from the many employees that they have, there will only be 1 person willing to accept a part of his salary in Bitcoin. Do people seriously think companies will waste their time on just one person? Surely not.

sishendaoye

sr. member

Activity: 434

Merit: 250

I would not accept bitcoin as my salary cause bitcoin does not have such a stable price yet so if I would receive my salary and bitcoin would drop in value then my monthly salary could potentially drop by 10% after just receiving it and that's just too big of a risk for me to take.

stromma44

hero member

Activity: 952

Merit: 1000

Quote from: PokerFace3 on October 04, 2016, 03:02:27 AM

Quote from: praprata on October 04, 2016, 02:22:52 AM

Quote from: Crazygreek on August 18, 2016, 01:48:45 PM

If bitcoin were accepted in my country, yes, but in this situation i don't like to riceve a currency that i can't spend without any exchangings and other stuff.

To be honest I would never accept Bitcoin as an salary because the Bitcoin is not stable so that means that the price changes and if the value of the Bitcoin changes then your salary is also going to change.
I think that it is not handy in that way.

You might be right only if you do not have any plan of buying bitcoins.
Instead of getting your salary and then buying some bitcoins with your money, getting some portion of your salary in bitcoin must be right idea as it will save some time and transaction fees too. But I'm not sure getting partial salary in bitcoin will be the option available with all employers.

No company will prefer to pay their employees in two different ways, it will surely waste lot of time and even not all companies will prefer to pay in bitcoins as even they need to be aware about bitcoins first.

PokerFace3

hero member

Activity: 700

Merit: 500

Quote from: praprata on October 04, 2016, 02:22:52 AM

Quote from: Crazygreek on August 18, 2016, 01:48:45 PM

If bitcoin were accepted in my country, yes, but in this situation i don't like to riceve a currency that i can't spend without any exchangings and other stuff.

To be honest I would never accept Bitcoin as an salary because the Bitcoin is not stable so that means that the price changes and if the value of the Bitcoin changes then your salary is also going to change.
I think that it is not handy in that way.

You might be right only if you do not have any plan of buying bitcoins.
Instead of getting your salary and then buying some bitcoins with your money, getting some portion of your salary in bitcoin must be right idea as it will save some time and transaction fees too. But I'm not sure getting partial salary in bitcoin will be the option available with all employers.

praprata

sr. member

Activity: 420

Merit: 250

Quote from: Crazygreek on August 18, 2016, 01:48:45 PM

If bitcoin were accepted in my country, yes, but in this situation i don't like to riceve a currency that i can't spend without any exchangings and other stuff.

To be honest I would never accept Bitcoin as an salary because the Bitcoin is not stable so that means that the price changes and if the value of the Bitcoin changes then your salary is also going to change.
I think that it is not handy in that way.

Blitzboy

hero member

Activity: 1344

Merit: 565

Leading Crypto Sports Betting & Casino Platform

Quote from: mirakal on October 04, 2016, 12:10:26 AM

Quote from: justspare on October 04, 2016, 12:01:55 AM

Quote from: chubiruba on October 03, 2016, 10:58:08 PM

Not all salary. I still have to pay things that don't accept BTC(at leas taxes and stuff)

But part is a good option

I wouldn't either. Because I would then have to convert it into fiat if I wanted to buy anything and to pay my bills. It wouldn't be practical for a lot of people in the world as not many companies accept Bitcoin.

I think there is no problem if we will receive our salary in bitcoin and we are not worry about the conversion rate because it is easy for us to convert that amount in any bank when supported by our local exchange.

And if you lived in my country, you would see that there is no way to exchange your cash to bitcoin neither bitcoin to cash because no bank support bitcoin here. I do want to receive my salary but as you see, due to that problem, i have to change my mind. I hope that in the future, Bank will support bitcoin

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: mirakal on October 04, 2016, 12:10:26 AM

Quote from: justspare on October 04, 2016, 12:01:55 AM

Quote from: chubiruba on October 03, 2016, 10:58:08 PM

Not all salary. I still have to pay things that don't accept BTC(at leas taxes and stuff)

But part is a good option

I wouldn't either. Because I would then have to convert it into fiat if I wanted to buy anything and to pay my bills. It wouldn't be practical for a lot of people in the world as not many companies accept Bitcoin.

I think there is no problem if we will receive our salary in bitcoin and we are not worry about the conversion rate because it is easy for us to convert that amount in any bank when supported by our local exchange.

if he's really an economic man then a transaction fee + exchanging fee really matter,exchanging bitcoin to money is sure an easy thing but when it comes to fee,even only a dollar of bunch of money,people will turn out to be stingy

vino.gcs

member

Activity: 114

Merit: 11

It can be given as an option. I think smart employees would opt for it.

WHY?
Bitcoin is so volatile so calculated risks can be taken and it will give profit. And there's not tax to hold btc; not yet. Though US has announced bitcoins as an asset, in many countries, btc is not being regulated yet. So you will have benefit of saving btc. Convert what you need to spend will save you lot.

Xenophoto

hero member

Activity: 826

Merit: 502

Quote from: diegz on October 04, 2016, 12:27:31 AM

Quote from: mirakal on October 04, 2016, 12:10:26 AM

Quote from: justspare on October 04, 2016, 12:01:55 AM

Quote from: chubiruba on October 03, 2016, 10:58:08 PM

Not all salary. I still have to pay things that don't accept BTC(at leas taxes and stuff)

But part is a good option

I wouldn't either. Because I would then have to convert it into fiat if I wanted to buy anything and to pay my bills. It wouldn't be practical for a lot of people in the world as not many companies accept Bitcoin.

I think there is no problem if we will receive our salary in bitcoin and we are not worry about the conversion rate because it is easy for us to convert that amount in any bank when supported by our local exchange.

Conversion from bitcoin to fiat is not a problem, the problem is sometimes the price drops and when that time you need to buy something with fiat, then the value of your money is lower. Compared to when you accept your money as fiat you can maximize the use of it and you can make your own perfect timing to buy bitcoin with it.

That is not a problem at all. Suppose that you get paid 100$ every Sunday. Right before you receive your money, go to your wallet and keep an eye until it says "Receiving". When you finally received the money, convert it into fiat. Your company will send you 100$ worth of Bitcoin so when you convert it right after receiving it, you'll get ~100$ as well.

To be honest, I don't understand why a lot of people has a problem with the inflation and deflation of Bitcoin when in fact they could play with it and make extra money out of it.

diegz

hero member

Activity: 798

Merit: 500

★YoBit.Net★ 350+ Coins Exchange & Dice

Quote from: mirakal on October 04, 2016, 12:10:26 AM

Quote from: justspare on October 04, 2016, 12:01:55 AM

Quote from: chubiruba on October 03, 2016, 10:58:08 PM

Not all salary. I still have to pay things that don't accept BTC(at leas taxes and stuff)

But part is a good option

I wouldn't either. Because I would then have to convert it into fiat if I wanted to buy anything and to pay my bills. It wouldn't be practical for a lot of people in the world as not many companies accept Bitcoin.

I think there is no problem if we will receive our salary in bitcoin and we are not worry about the conversion rate because it is easy for us to convert that amount in any bank when supported by our local exchange.

Conversion from bitcoin to fiat is not a problem, the problem is sometimes the price drops and when that time you need to buy something with fiat, then the value of your money is lower. Compared to when you accept your money as fiat you can maximize the use of it and you can make your own perfect timing to buy bitcoin with it.

airezx20

sr. member

Activity: 350

Merit: 250

Quote from: chubiruba on October 03, 2016, 10:58:08 PM

Not all salary. I still have to pay things that don't accept BTC(at leas taxes and stuff)

But part is a good option

Yes Part is a really good option and if i am getting 25% of my salary in bitcoins and rest in fiat then that would be excellent for me because i dont have to pay exchange fee to buy bitcoins or rather sell bitcoins because i am directly getting those in the salary.But whole income in bitcoin cannot be accepted.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: justspare on October 04, 2016, 12:01:55 AM

Quote from: chubiruba on October 03, 2016, 10:58:08 PM

Not all salary. I still have to pay things that don't accept BTC(at leas taxes and stuff)

But part is a good option

I wouldn't either. Because I would then have to convert it into fiat if I wanted to buy anything and to pay my bills. It wouldn't be practical for a lot of people in the world as not many companies accept Bitcoin.

I think there is no problem if we will receive our salary in bitcoin and we are not worry about the conversion rate because it is easy for us to convert that amount in any bank when supported by our local exchange.

justspare

hero member

Activity: 1022

Merit: 538

Quote from: chubiruba on October 03, 2016, 10:58:08 PM

Not all salary. I still have to pay things that don't accept BTC(at leas taxes and stuff)

But part is a good option

I wouldn't either. Because I would then have to convert it into fiat if I wanted to buy anything and to pay my bills. It wouldn't be practical for a lot of people in the world as not many companies accept Bitcoin.

chubiruba

member

Activity: 88

Merit: 10

Tipsters Championship www.DirectBet.eu/Competition

Not all salary. I still have to pay things that don't accept BTC(at leas taxes and stuff)

But part is a good option

bhadz

hero member

Activity: 2646

Merit: 584

Payment Gateway Allows Recurring Payments

Quote from: requester on October 03, 2016, 10:17:32 PM

Yes definitely I will be happy to receive my payment in bitcoin because with bitcoin holding i can make my money double in s year or two. Also with bitcoin i can make extra money by trading or renting because i love money making n

Since we are going to the new technology era and this is going to be a yes for me and I will going to accept my salary as bitcoin. Even though there are only few stores here in my country that accepts bitcoin. But this is going to be an investment for the future already. And it is not a problem to me if ever I need cash, I will just withdraw it.

Schuyler

hero member

Activity: 518

Merit: 500

Quote from: requester on October 03, 2016, 10:17:32 PM

Yes definitely I will be happy to receive my payment in bitcoin because with bitcoin holding i can make my money double in s year or two. Also with bitcoin i can make extra money by trading or renting because i love money making n

If the work you did is something related to bitcoin, then it is easy to accept bitcoin as payment for what you did. But if it as salary for your day job, it might be hard because of the nature of bitcoin to fluctuate every now and then. Plus if you have to convert it to fiat, there are charges and the rates for buying and selling is different. For me, it is still better to receive my salary in fiat and just use that to buy or trade bitcoins.

requester

sr. member

Activity: 280

Merit: 250

Yes definitely I will be happy to receive my payment in bitcoin because with bitcoin holding i can make my money double in s year or two. Also with bitcoin i can make extra money by trading or renting because i love money making n

Noctis Connor

hero member

Activity: 1008

Merit: 540

Quote from: chachaa on October 01, 2016, 07:36:06 AM

If you receive a salary in bitcoin, for what then live? In today's world still go paper money.

If i can receive bitcoin as a salary then i would mind to accept it, it is much important to accept bitcoin than paper wallet i can use it to manage some business in internet like trading , investing and many more activities that we can use to grow that money im willing to take the risk to grow that bitcoin and money for future.

Mr. Big

global moderator

Activity: 2324

Merit: 1179

While my guitar gently weeps!!!

Quote from: hawkins on October 03, 2016, 07:17:08 PM

I think accept bitcoin aji in the form or do not taste the same. because even though my salary paid using bitcoin, it still refers to the price of the dollar. so if I sell my bitcoin in a short time, all the same I receive a salary in dollars. but I do not mind receiving a salary in the form of bitcoin, because it can make bitcoin me more and more and maybe I'll use it for trading Grin

It's fine that way if you convert it immediately to fiat upon receiving your coins, that way if there is a small change in price, it won't matter much... But sometimes price drastically fall in just an hour and if you are lucky you are exactly at that time...It's also fine if you are just keeping it and you have no other expenses that depends on bitcoin...

Topic: Will you accept bitcoin as your salary? - page 47. (Read 183601 times)