Topic: Would you like to receive your salary in BTC? - page 19. (Read 49121 times)
I do not think this would work for me because I spend alot of my bitcoin either trading or gambling. If my whole salary was in bitcoin I would probably end up losing more than I want to. This is why when I trade or gamble I convert from fiat to bitcoin so I can limit myself.
Depends on situation because if government ban bitcoin there obviously there is no way of choosing this way. But if government support bitcoin then definitely I will love to receive my salary in bitcoin because with bitcoin i have much more opportunities to earn them with conventional paper currency.
Some people may not like to hear this, but governments will never support Bitcoin as it's something they have no control over.As randy8777 also mentioned, if you want a part of your salary to be in Bitcoin, then just buy these coins with your salary.
Not sure why people always think so difficult about things that are so easy to do.
Ready conversion of bitcoin into fiat is not possible in my country hence the answer is "NO". If it was possible then yes. Not much of the local stores/shops accept it here, let alone have ever heard of it. Hence I cannot accept it as salary at the moment.
We are not the same places but for me i can accept it as salary because we can instantly convert it into fiat we have a good wallet online base in my country that we can withdraw it instantly without waiting or use western union to wait few days to receive your money. 
Ready conversion of bitcoin into fiat is not possible in my country hence the answer is "NO". If it was possible then yes. Not much of the local stores/shops accept it here, let alone have ever heard of it. Hence I cannot accept it as salary at the moment.
Depends on situation because if government ban bitcoin there obviously there is no way of choosing this way. But if government support bitcoin then definitely I will love to receive my salary in bitcoin because with bitcoin i have much more opportunities to earn them with conventional paper currency.
No way not me. I am surprised you. Maybe you have no steady bills but if you got steady bills but if you have then you would have said not because 1 bad month of the price and you will be in debt.
It's hard to live with this kind of security.
It's hard to live with this kind of security.
In that case it would be reasonable to get a half of it in bitcoin and the other half in fiat because the half you got in fiat can be used for bills and other things while the half given in bitcoin can be used for trading or holding, if you are holding them and you see a price drop you should immediately send your coins to make yourself safe from a loss.
in order to avoid a lot hassle, you can already use a part of your salary to buy bitcoin. why would you wait for the day your salary will be paid in bitcoin. that doesn't make any sense. just use 5 or 10% of your monthly salary, and buy yourself some coins with that amount. either keep holding them as an investment, or start spending them as a currency.
No way not me. I am surprised you. Maybe you have no steady bills but if you got steady bills but if you have then you would have said not because 1 bad month of the price and you will be in debt.
It's hard to live with this kind of security.
It's hard to live with this kind of security.
In that case it would be reasonable to get a half of it in bitcoin and the other half in fiat because the half you got in fiat can be used for bills and other things while the half given in bitcoin can be used for trading or holding, if you are holding them and you see a price drop you should immediately send your coins to make yourself safe from a loss.
No way not me. I am surprised you. Maybe you have no steady bills but if you got steady bills but if you have then you would have said not because 1 bad month of the price and you will be in debt.
It's hard to live with this kind of security.
It's hard to live with this kind of security.
I wouldn't want it anything more than %30 in BTC since it's still not practical to use BTC physically and it's not accepted "at least not regularly" in real shops therefore I would need to exchange the rest to USD, There might be time in the future where you can use BTC physically + get paid in BTC 
.
. If you are a BTC lover, would you one day like to get your paycheck 100% in BTC?
Personally I won't. Because many facilities in my area doesn't support BTC payment. I do not mind receiving, say, 20% of my pay in BTC denomination.
Personally I won't. Because many facilities in my area doesn't support BTC payment.
I do not mind receiving, say, 20% of my pay in BTC denomination.Definitely. I buy lots of bitcoin with my salary anyway and it just saves a lot of time and conversion fees to get bitcoin from my fiat currency based salary. Getting a bitcoin salary also means better promotion of BTC.
You can easily use a bitcoin debit card if you ever need to buy something that is priced in USD only.
im join bitmixer signature campaign, and i get the salary in bitcoin, so for me receiveing bitcoin as salary is not something new, it's very simple, and i will accept it.
that is not called a salary it is more like a pocket money to pay for small thing online with bitcoin that you are earning.
salary is something you get for the job that you do and it pays your expenses (all of them) in your life so it needs to be the largest amount of money that you earn through any job that you are doing not just a small amount of money that you gain from a secondary hobby-job
Salary is when you work for 1 month with primary job and be paid by BTC or ETH or crypto in general, not in FIAT.
im join bitmixer signature campaign, and i get the salary in bitcoin, so for me receiveing bitcoin as salary is not something new, it's very simple, and i will accept it.
that is not called a salary it is more like a pocket money to pay for small thing online with bitcoin that you are earning.
salary is something you get for the job that you do and it pays your expenses (all of them) in your life so it needs to be the largest amount of money that you earn through any job that you are doing not just a small amount of money that you gain from a secondary hobby-job
im join bitmixer signature campaign, and i get the salary in bitcoin, so for me receiveing bitcoin as salary is not something new, it's very simple, and i will accept it.
That's fine if that is the nature of your job, online job, but if you are working on a day job then it's a bit of inconvenience since you will have to convert it back to dollar for you to use it and sometimes you will need a third party to do that. But since you already experienced receiving your salary in bitcoin, I guess you are knowledgeable about it.
im join bitmixer signature campaign, and i get the salary in bitcoin, so for me receiveing bitcoin as salary is not something new, it's very simple, and i will accept it.
Probably not, if the price goes up you are in a favorable situation, but if there is a sudden drop you may have losses in your earnings. Therefore, I believe it is not a good decision at the time.
Putting all the salary in banks dont give enough return so i think its better to receive salary in bitcoin and hold it until we need cash than use bitcoin debit card to withdraw just like regular bank atm cards. In this way interest rate we get will be well higher than banks interest as price of bitcoin is growing gradually every day.
you know bitcoin prices are fluctuating so lucky for you when you hold all of your payroll in bitcoin and pull it when prices are high, but if the low price what would you do with bitcoin you save? That's why most people consider to receive their salaries with bitcoin
When bitcoin was 1k usd, how people could receive salary by btc?
1k usd at that time was 1 btc
Now they lost 50% of theyr income if they were paid by btc at that time without spent or use them.
Btc need price stabilization in long term.
1k usd at that time was 1 btc
Now they lost 50% of theyr income if they were paid by btc at that time without spent or use them.
Btc need price stabilization in long term.
Not nowadays. If bitcoin price in future will be stable (if this could happen), maybe yes.
it is clear that most people will receive a salary with bitcoin bitcoin when prices become stable because it will reduce the risk of loss. although fluctuations may provide an advantage but I think the employees just want certainty for their income?
If you are a BTC lover, would you one day like to get your paycheck 100% in BTC?
Personally I won't. Because many facilities in my area doesn't support BTC payment. I do not mind receiving, say, 20% of my pay in BTC denomination.
Personally I won't. Because many facilities in my area doesn't support BTC payment.
I do not mind receiving, say, 20% of my pay in BTC denomination.It's depend on the situation though. If the price of bitcoin keep increase like today, yes i like to received my salary in bitcoin, but not for long term. Only for short term and when the bitcoin's price goes down i won't in bitcoin.
For sure since bitcoins price is too volatile to consider to accept it as our salary and we would surely have a hard time to adjust on our daily expenses since bitcoins price is always moving maybe we would accept more than or less on our expected salary amount. Which is not good at all.
Not really. But a part of salary will be good enough
I think so, maybe half of my salary i can consider that since sometimes im buying btc using fiat, so it would be fine if i receive the half of it only in btc. i still need cash for my daily expenses but receiving my salary in btc is not a bad idea though.Getting the salary in btc wont be bad until the price would be dropping at the time of your salary so in that case you might lose some dollars until you sell them back for cash, but if the price is quite stable or going up those days then it would be an advantage for you.
Recieving bitcoin as a salary would be a risky thing unless if you dont money in daily basis then you could choose this option but for those who really needs money for sure they would prefer to recieve fiat because they think that they wont risk anything hence fiat have stable price.
Jump to: