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Topic: Would you like to receive your salary in BTC? - page 38. (Read 49121 times)

sr. member
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Yag see some of my friends are already using bitcoin then I would agree if my salary is paid with bitcoin. may first be difficult to accept, but I'm sure sooner or later I certainly can adapt to bitcoin.
yeah it depends on you if you've been adjusting to the bitcoin as your friend then receives a salary of bitcoin is not a bad choice. maybe I'll wait until know much about bitcoin first
hero member
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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.

I already do  Smiley and wouldn't want it any other way.
wait so you actually get some of your salary in bitcoins right now? i would be curious how to do that to be honest and i would really like to get salary in bitcoins myself

i think i would definitely like to get all of my money from the job that i get in bitcoins because in this way i would have even more money put in as an investment option and that would be cool
hero member
Activity: 574
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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.

I already do  Smiley and wouldn't want it any other way.
full member
Activity: 210
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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.
Ahm. Maybe because it's depending on the situation because the value of bitcoin is non steady. They are just increase or decrease. The price of bitcoin is like that. If the price of bitcoin is become $1,000 i want too, but if the price of bitcoin is goes down. I won't because i wouldnt like the risk of the bitcoin price volatility affecting my life. bitcoin is a great currency in the digital world and its fun and all. but i wouldnt convert all my future income into btc if the price is lower than my expectation price. 😇
legendary
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Certainly it won't be a problem for me instead it make easier for me to use for bitcoin transaction.
The problem is my goverment still not accept bitcoin so it will not happen on my country at the moment
how can you say that it will not create problem for you. if you received your salary in bitcoin then how can you pay our children school fee in bitocin. either the school and the banks accept bitcoin ? certainly not. is it not a problem for you?
maybe it's become a problem, is sure there is a local exchange in their region. but it's become a big problem for people who it's very rarely to find a local exchange in their region. but there are many ways to avoid or fixed this problem.

well, having to exchange bitcoin to fiat is an extra step that you will have to take if you receive your salary in bitcoin so because it is a necessary step and an extra step people don't usually tend to agree with receiving their salary in bitcoin. because it would become a pain in the ass.
legendary
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Certainly it won't be a problem for me instead it make easier for me to use for bitcoin transaction.
The problem is my goverment still not accept bitcoin so it will not happen on my country at the moment
how can you say that it will not create problem for you. if you received your salary in bitcoin then how can you pay our children school fee in bitocin. either the school and the banks accept bitcoin ? certainly not. is it not a problem for you?
maybe it's become a problem, is sure there is a local exchange in their region. but it's become a big problem for people who it's very rarely to find a local exchange in their region. but there are many ways to avoid or fixed this problem.
hero member
Activity: 1638
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Yag see some of my friends are already using bitcoin then I would agree if my salary is paid with bitcoin. may first be difficult to accept, but I'm sure sooner or later I certainly can adapt to bitcoin.
hero member
Activity: 644
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Only partially. At the moment, bitcoin is waaaaaaaayyyy too unstable to keep all my funds in. It's just too risky to keep all my income in bitcoin. That's like getting paid in gold
Actually being paid in bitcoins is a fascinating idea and actually you can buy from your fiat salary too bitcoins, so I would also prefer to get salary in fiat and then buy bitcoins accordingly.

with your fiat if you will buy bitcoin then why not you directly accept bitcoin as your salary instead of fiat, as with that you will not need to pay the exchange fees for buying bitcoin, and if the price of your salary will be fixed in bitcoin then with  the rise of the value of bitcoin your salary will also be increased.
hero member
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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.

You can`t buy food with btc.You will have to convert it into cash.

This is a big problem,if you want to receive paychecks with btc. Grin

What if the btc price crashes with -50% during the day after you get paid.

Pretty depressing...

Well, what if price increase with 50% during the day after you get paid. So it can be quite interesting also.  Grin
Of course we can buy food and other day to day items from bitcoins because local markets dont accept them. We can convert to Fiat before using them in real.
legendary
Activity: 1596
Merit: 1034
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.
i am in the same boat just like you.
i dont think we have any facilities over here that support btc so i dont think its worth it at all :p. who knows. maybe in other countries its more worth it .
so true
all decisions should be considered with the surroundings.
hero member
Activity: 3178
Merit: 937
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.

You can`t buy food with btc.You will have to convert it into cash.

This is a big problem,if you want to receive paychecks with btc. Grin

What if the btc price crashes with -50% during the day after you get paid.

Pretty depressing...
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
this is a great idea but i am afraid it is not an idea to be doable now. maybe in the future there is a better time for it but that time is not now.

because right now there is not enough places that i can spend my bitcoin in so i would be stuck with bitcoin and would be forced to convert, also the rate is not at all fixed and that will create a lot of financial problems.
sr. member
Activity: 252
Merit: 250
Certainly it won't be a problem for me instead it make easier for me to use for bitcoin transaction.
The problem is my goverment still not accept bitcoin so it will not happen on my country at the moment
how can you say that it will not create problem for you. if you received your salary in bitcoin then how can you pay our children school fee in bitocin. either the school and the banks accept bitcoin ? certainly not. is it not a problem for you?
sr. member
Activity: 248
Merit: 250
For me no because bitcoin is not fixed and don't have stable price (like what other said) so it's better to receive my salary in our local currency than bitcoin so i can decide how much i will put/invest on bitcoin and it also allow me manage my money like deposit the 25% for additional savings on my bank account. Roll Eyes

For me I'd like to get some amount in BTC, about 10-20% of income.
hero member
Activity: 826
Merit: 1000
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.
honesty i wont, my salary is pretty important to me as it dictates my life pretty much, and i wouldnt like the risk of the bitcoin price volatility affecting my life. bitcoin is a great currency in the digital world and its fun and all. but i wouldnt convert all my future income into btc.
Hmm you were being honest there, seems very good but think do not you want to see a more relaxed retirement life ?
That can happen just if you start to save a 10 percent of your salary into bitcoins from at least now onward and you must use those bitcoins only after you retire. Smiley
legendary
Activity: 1274
Merit: 1001
Certainly it won't be a problem for me instead it make easier for me to use for bitcoin transaction.
The problem is my goverment still not accept bitcoin so it will not happen on my country at the moment
legendary
Activity: 3248
Merit: 1402
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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.
I haven't figured pout yet whether it is easy to turn BTC to my country's currency.. I guess it is better for me to have about 25% in BTC. The amount may become twice as big in a while (who knows).
hero member
Activity: 896
Merit: 1000
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Taking into account the current volatility of bitcoin, it does not seem a good idea, my friend. It would be necessary a larger stability and wider adoption of this coin to consider this option as an attractive and interesting one.

I would accept a 50% payment  of ma salary but with bitcoin being so volatile getting all in bitcoin is very risk. Suppose i get my salary on a bad day, I would not be able to pay my bills.
Which would be devastating.
hero member
Activity: 966
Merit: 507
Taking into account the current volatility of bitcoin, it does not seem a good idea, my friend. It would be necessary a larger stability and wider adoption of this coin to consider this option as an attractive and interesting one.
legendary
Activity: 3710
Merit: 1170
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Only partially. At the moment, bitcoin is waaaaaaaayyyy too unstable to keep all my funds in. It's just too risky to keep all my income in bitcoin. That's like getting paid in gold
Actually being paid in bitcoins is a fascinating idea and actually you can buy from your fiat salary too bitcoins, so I would also prefer to get salary in fiat and then buy bitcoins accordingly.
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