Will you accept bitcoin as your salary? - page 82.

fkvidar

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Quote from: Mastsetad on September 01, 2016, 12:42:25 PM

Quote from: praprata on September 01, 2016, 09:51:13 AM

Good question! difficult one though... I wouldn't accept my FULL paycheck as bitcoin but I'd accept about 10 or 20% put into my bitcoin wallet, just to be safe you know. I'm investing that amount already so It would make life easier for me haha

Why don't you accept 100% of your salary in bitcoins and later on exchange them to your home currency if you want or just hold them for some time and exchange them when the price grows a little higher.

That is the main reason why I don't want salary in bitcoins, as of now I cannot spend it anywhere, and if I have to spend then I need to convert to fiat first and also need to pay transaction fees which is an costly affair.

dhampir-D

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I think it is not the best decision at the time. The main reason is that bitcoin is a highly volatile currency, so I could not take the risk of having it as my salary, because the price may change every time that I get it, and manage it will be really difficult.

Mastsetad

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Quote from: praprata on September 01, 2016, 09:51:13 AM

Good question! difficult one though... I wouldn't accept my FULL paycheck as bitcoin but I'd accept about 10 or 20% put into my bitcoin wallet, just to be safe you know. I'm investing that amount already so It would make life easier for me haha

Why don't you accept 100% of your salary in bitcoins and later on exchange them to your home currency if you want or just hold them for some time and exchange them when the price grows a little higher.

jak3

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No and never until i use it as an optional job like doing job in a company and at night programming for someone so in hat case i would like to accept it in btc

chaosknight

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Quote from: ashiqdey on September 01, 2016, 11:18:19 AM

obviously I would like to get my salary in btc because there is lot of scope to earn with btc but with my paper currency.i love bitcoin

If you can earn btc then why you need btc as a salary, try to keep earning btc in various ways and get salary in fiat so it can be helpful to you in both ways.

ashiqdey

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obviously I would like to get my salary in btc because there is lot of scope to earn with btc but with my paper currency.i love bitcoin

torrentheaven

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Quote from: praprata on September 01, 2016, 09:51:13 AM

Good question! difficult one though... I wouldn't accept my FULL paycheck as bitcoin but I'd accept about 10 or 20% put into my bitcoin wallet, just to be safe you know. I'm investing that amount already so It would make life easier for me haha

I think you should think twice before accepting salary in bitcoins as it can be risky decision to make if price drops in future and if you cannot spend it directly then it will be useless to get salary in bitcoins.

Achargeturry78

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Quote from: praprata on September 01, 2016, 09:51:13 AM

Good question! difficult one though... I wouldn't accept my FULL paycheck as bitcoin but I'd accept about 10 or 20% put into my bitcoin wallet, just to be safe you know. I'm investing that amount already so It would make life easier for me haha

How if your boss going to pay you with 100% pure bitcoin what are you going to do? and he can't play your 10 or 20% of your salary he wants all to become bitcoin are you still want it or not ? well for me i am going to accept it because even im going to exchange it into real money here in my country we don't pay for tax its for free

praprata

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Good question! difficult one though... I wouldn't accept my FULL paycheck as bitcoin but I'd accept about 10 or 20% put into my bitcoin wallet, just to be safe you know. I'm investing that amount already so It would make life easier for me haha

co5hike

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Quote from: Achargeturry78 on September 01, 2016, 09:40:17 AM

Quote from: drwtsn32 on August 28, 2016, 03:25:00 AM

Quote from: Apriand on July 29, 2016, 01:02:32 AM

I dont think will accept my salry with bitcoin,
My reason:

1. Bitcoin isn't too popular in my country
2. If i received my salary at btc price $650 then btc down to $500 after that i can lose much my salary

So i like my salary with real money.

This is exactly what my answer would be.
Bitcoin is too inconsistent to rely on.
Unless, if all my basic needs can be bought by bitcoin, I would consider.
But I don't think that will be possible in the near future.

i am agree with you answer bitcoin is not that much accepted in some online or offline store where you need to exchange it into real money where you can use it , and you are right again that it will be possible that in the near future that we can use or bitcoin as a payment method to shop online or to shop offline to go some groceries

That's true and even if bitcoin is accepted everywhere I won't accept salary in bitcoins as there is no guarantee that price will always remain on top.

Achargeturry78

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Quote from: drwtsn32 on August 28, 2016, 03:25:00 AM

Quote from: Apriand on July 29, 2016, 01:02:32 AM

I dont think will accept my salry with bitcoin,
My reason:

1. Bitcoin isn't too popular in my country
2. If i received my salary at btc price $650 then btc down to $500 after that i can lose much my salary

So i like my salary with real money.

This is exactly what my answer would be.
Bitcoin is too inconsistent to rely on.
Unless, if all my basic needs can be bought by bitcoin, I would consider.
But I don't think that will be possible in the near future.

i am agree with you answer bitcoin is not that much accepted in some online or offline store where you need to exchange it into real money where you can use it , and you are right again that it will be possible that in the near future that we can use or bitcoin as a payment method to shop online or to shop offline to go some groceries

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Quote from: airsounds on September 01, 2016, 09:24:49 AM

Quote from: Blowon on August 30, 2016, 10:27:06 PM

Sure, why not. it still same price, bitcoin may be will be easy. there not an account need, transaction fast and low fee (tax). And accepet for everywhere, i can pay my bill and shoping with bitcoins.

i would also accept bitcoin if the price wasnt fluctuating that much in such small amounts of time, right now i think it is way too risky so i couldnt do that

If bitcoin achieves 4 digit price in future and if it remains stable there of keep on going higher then we can afford to accept salary in bitcoins or else its better to continue with fiat.

airsounds

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Quote from: Blowon on August 30, 2016, 10:27:06 PM

Sure, why not. it still same price, bitcoin may be will be easy. there not an account need, transaction fast and low fee (tax). And accepet for everywhere, i can pay my bill and shoping with bitcoins.

i would also accept bitcoin if the price wasnt fluctuating that much in such small amounts of time, right now i think it is way too risky so i couldnt do that

stromma44

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Quote from: lienfaye on September 01, 2016, 07:59:33 AM

Quote from: Sontoloyo on August 31, 2016, 01:57:38 AM

I do not want to receive a salary with bitcoin. I was a worker in the real world. and I want to get the same nominal monthly. if using bitcoin I worried my income is reduced because the value of bitcoin prices are always changing.

I have that worries too, if you receive your money in bitcoin you cant spend it easily because the stores accepting btc as payment are just few and you have to still convert it first to fiat before you can use it buying food etc. what i like about that idea is indeed its very easy and less fee when sending btc.

Price may go low even low in future so if you are accepting salary in bitcoins then it will ultimately reduce your level of income and you need to think twice before spending it.

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Quote from: lienfaye on September 01, 2016, 07:59:33 AM

Quote from: Sontoloyo on August 31, 2016, 01:57:38 AM

I do not want to receive a salary with bitcoin. I was a worker in the real world. and I want to get the same nominal monthly. if using bitcoin I worried my income is reduced because the value of bitcoin prices are always changing.

I have that worries too, if you receive your money in bitcoin you cant spend it easily because the stores accepting btc as payment are just few and you have to still convert it first to fiat before you can use it buying food etc. what i like about that idea is indeed its very easy and less fee when sending btc.

Well, I am not feeding my family but I tend to spend my salary as soon as it arrives into my bank account. I think saving money is a habit that a person learns when he or she is a child. If I agreed to recieve my salary with BTC, I would at least have a chance to some actual saving.

However, in the short term your worries are on the point. The stability of bitcoin price is not to solved in near future. So any exchange that uses bitcoin as medium has to convert it to fiat unless they want to keep some of their profits in BTC, again with, saving purposes.

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Quote from: lienfaye on September 01, 2016, 07:59:33 AM

Quote from: Sontoloyo on August 31, 2016, 01:57:38 AM

I do not want to receive a salary with bitcoin. I was a worker in the real world. and I want to get the same nominal monthly. if using bitcoin I worried my income is reduced because the value of bitcoin prices are always changing.

I have that worries too, if you receive your money in bitcoin you cant spend it easily because the stores accepting btc as payment are just few and you have to still convert it first to fiat before you can use it buying food etc. what i like about that idea is indeed its very easy and less fee when sending btc.

Why would you worry if bitcoin can still be exchanged for fiat.? . the reason fiat is much more important than by spending less for btc such important!. Don't worry friends, surely it would be immediately when we can enjoy the better the bitcoin growth

lienfaye

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Quote from: Sontoloyo on August 31, 2016, 01:57:38 AM

I do not want to receive a salary with bitcoin. I was a worker in the real world. and I want to get the same nominal monthly. if using bitcoin I worried my income is reduced because the value of bitcoin prices are always changing.

I have that worries too, if you receive your money in bitcoin you cant spend it easily because the stores accepting btc as payment are just few and you have to still convert it first to fiat before you can use it buying food etc. what i like about that idea is indeed its very easy and less fee when sending btc.

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Quote from: wikenpp on August 31, 2016, 04:00:24 PM

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I would like to accept it, although where I live there is not a single shop accepting btc. I know this may change in the near future.

Then it would not make sense to accept it for your salary right? How will you pay your bills if there are no companies who accept it.
At least that is the reason for me not to get paid in bitcoin. Being able to pay my rent, phone bill etc. would change this situation offcourse.

bitcoin could be exchanged and could be used to load a bitcoin debit card so bitcoin actually being able to be used to pay your needs,there's a way but need to do some additional effort,althought with fiat will be more simple as it doesn't needed to be exchanged first but if you're trying to use bitcoin,this way could be used

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Quote from: emberbekas on August 23, 2016, 12:48:39 AM

I feed my family with my salary and if my boss paid me with bitcoin then I need to convert it to my local currency first before I can use it since there is no offline store that accept bitcoin as a payment in my area. So, I wont accept bitcoin as my salary nowadays. Idk in the future...just wait and see!

that's good that you are bread winner in your family where you are going to feed them with your money thats a nice work / if your boss are going to paid you with you bitcoin then hold it until you are going to need it before you convert it theres a chance that the price of the bitcoin is going high thats sad to hear that some store are not going to accept in your area, anyways thats a good choice where you won't accept bitcoin as a payment atm

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Quote from: madwica on August 31, 2016, 10:02:23 PM

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Quote from: Doamader on August 31, 2016, 05:51:38 PM

Quote from: Dite1989 on August 31, 2016, 04:24:52 PM

I think the main problem is the stability issue and the number of providers who accept it. I prefer to calculate with a stable salary and I'd have additional costs of BTC to fiat exchange while I can't pay my electricity bill with BTC Cheesy

I do make my calculations of where my payment will go, something even get paid in bitcoin and going exchange it i will loose initial something like 25-50 dollars from the fee people charge, soo makes no sense now think about such feature. As my salary is being spend to all my expenses, this option would just make me loose money from the exchange.

That is what I'm thinking too instead of you can use the fees for other important things if you are going to accept it through fiat or directly to your bank. But what is going to happen is that you are going to be obliged for paying the charges that you can get by converting your bitcoin salary into fiat money.

That is correct, if we accepts bitcoin as our salary we are not exempt in every charges in bank or in any exchanging method do you do, that is why i do not accept bitcoin as my salary because i do not what to have additional deduction for converting into fiat much better to received my salary in fiat.

Exactly and we also don't know that will be the price of bitcoin in future, if it goes higher then its well and good but if it goes lower then it will surely make our life difficult.

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