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Topic: Would you like to receive your salary in BTC? - page 34. (Read 49117 times)

legendary
Activity: 2954
Merit: 1153
I don't mind receiving Bitcoin as my salary .  I see it as a currency and an investment and a tool for investment.  So receiving such item is an advantage for me.  I can easily use it to buy altcoins, and participate in ICO's.  I can also use it to pay for my bills, then encashing some for my needs that require local stores.  It will only be a problem if there is no establishment to encash it but lucky there is in my country.
member
Activity: 70
Merit: 10
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. Smiley I do not mind receiving, say, 20% of my pay in BTC denomination.
For me its no vecause if you need  an instant cash you cant withdraw it easily and here in my country. Only few establishments are accepting bitcoin as payment. You need to withdraw it in a money transfer which takes a lot of time to get. So for me its a no. Im good with cash as payment not bitcoin.
newbie
Activity: 28
Merit: 0
No, I don't want, because bitcoin price is so volatile. Also, I can't use bitcoin freely in real life like money did.
I prefer recevied money than bitcoin. If I wanna buy bitcoin I can use my money to buy it. That's more confinient for me.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Of course, I would love to receive my salary in BTC. Actually I am already receive some of my salary in BTC as I have an online work or job that pays BTC while in my day job I am paid in my countries currency automatically credited into my bank account during payday.
hero member
Activity: 798
Merit: 505
No, because here in our place they didin't fully recognize the bitcoin . if you say the word bitcoin in our place they dont understand so its a No.
member
Activity: 72
Merit: 11
This month I recieved 20% of my salary to paypal, I then had to pay high fees to convert it to bitcoins. I wouldn't mine getting that 20% directely to bitcoins. However not every month.
legendary
Activity: 2940
Merit: 1083
Your right that is volatile but i think depends of the person who wants to receive salary in bitcoin. for me i can accept it as my salary because i can instant convert it into fiat..

If you directly convert it instantly became fiat, so what your benefits are paid in the form of bitcoin ? I think you actually lose money because the fee on exchanger.
No, you're wrong if he having a lot of salaries like $300 for a week and at the same time converting into a fiat. he just getting a little fee and it's not a problem. but I they can just a reached 0.005 or less I can say it's not a good thing and just losing on the fee.

If you exchange it that fast. But what if the price also changes with that time of your salary? Loss will be there in case it goes down. The exchange is low but the movement is big.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Your right that is volatile but i think depends of the person who wants to receive salary in bitcoin. for me i can accept it as my salary because i can instant convert it into fiat..

If you directly convert it instantly became fiat, so what your benefits are paid in the form of bitcoin ? I think you actually lose money because the fee on exchanger.
No, you're wrong if he having a lot of salaries like $300 for a week and at the same time converting into a fiat. he just getting a little fee and it's not a problem. but I they can just a reached 0.005 or less I can say it's not a good thing and just losing on the fee.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
Your right that is volatile but i think depends of the person who wants to receive salary in bitcoin. for me i can accept it as my salary because i can instant convert it into fiat..

If you directly convert it instantly became fiat, so what your benefits are paid in the form of bitcoin ? I think you actually lose money because the fee on exchanger.
hero member
Activity: 966
Merit: 507
It is interesting to see that almost anyone is willing to accept bitcoin as a salary because unfortunately most bitcoiners are only interested in free coins. Unfortunately for them the time of cheap bitcoins is tending and we need to seriously consider that this coin really deserve a real effort and serious hard work.
full member
Activity: 126
Merit: 100
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. Smiley I do not mind receiving, say, 20% of my pay in BTC denomination.
Of course yes, this might be an advantage to me because the price is keep on changing. 
sr. member
Activity: 350
Merit: 250
Nope, i want recive my salary in fiat, someday i will change my mind, maybe, but now i am not ready to exchange bitcoin every month after reciving my salary.
Bitcoin or fiat i think they are the same as money.. the advantage is if you choose bitcoin as your salary than fiat.. you are far in tax..
Unlike bitcoin there is no tax..

I prefer my salary in fiat because my bills need to be paid in fiat too. Except for that getting bitcoin for work is a good idea, and in fact can give bitcoin's adoptoin a boost.
But we have to be careful with the volatility.
hero member
Activity: 658
Merit: 500
Your right that is volatile but i think depends of the person who wants to receive salary in bitcoin. for me i can accept it as my salary because i can instant convert it into fiat..
yeah can you evade actual fluctuations by converting to a fiat in an instant with a rate that is up to date. as done by the merchants. after they got the payment online with bitcoin. they certainly will not hold it because it will be at risk. they have an application that is capable of converting the bitcoin payments directly to fiat
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
Nope, i want recive my salary in fiat, someday i will change my mind, maybe, but now i am not ready to exchange bitcoin every month after reciving my salary.

That is the right thing to do as once you have bitcoin you can convert it anytime when you see higher price of it but still its very risky to depend on it.
hero member
Activity: 924
Merit: 1001
Nope, i want recive my salary in fiat, someday i will change my mind, maybe, but now i am not ready to exchange bitcoin every month after reciving my salary.
Bitcoin or fiat i think they are the same as money.. the advantage is if you choose bitcoin as your salary than fiat.. you are far in tax..
Unlike bitcoin there is no tax..
sr. member
Activity: 394
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
No way, it's to volatile.
well i think that it is not a bad thing to be honest, in my opinion the volatility might give you a great chance to make money if you will hold it
full member
Activity: 210
Merit: 100
Not really.. I prefer cash, touchable currency. I still believe in Bitcoin, but my country doesn't have enough POIs to spend it at. I think it'd be a surprise if I found out that it has 5 restaurants/cafes you can pay with Bitcoin at..
sr. member
Activity: 434
Merit: 251
Nope, i want recive my salary in fiat, someday i will change my mind, maybe, but now i am not ready to exchange bitcoin every month after reciving my salary.
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
Your right that is volatile but i think depends of the person who wants to receive salary in bitcoin. for me i can accept it as my salary because i can instant convert it into fiat..

Converting it to fiat is not a bid deal now, but what will you do if price falls to $100 in future, will you still prefer to accept your salary in bitcoins?

I still would since at the time of getting paid they have to adjust the amount that is given to offset any change in the price. Then at that point it is up to you to hurry and cash it into your desired fiat before it changes to drastically.
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
Your right that is volatile but i think depends of the person who wants to receive salary in bitcoin. for me i can accept it as my salary because i can instant convert it into fiat..

Converting it to fiat is not a bid deal now, but what will you do if price falls to $100 in future, will you still prefer to accept your salary in bitcoins?
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