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Topic: Would you like to receive your salary in BTC? - page 51. (Read 49108 times)

legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
I love bitcoin but i would love to get my salary in fiat..because its volatile it may increase or decrease..i dont want to take risk with my hardly earned money
Yeah, A lot of people will have this same thing with you. Because some people feel it's more complicated to get their paid in BTC form and need to exchange it before using their salary.
sr. member
Activity: 280
Merit: 250
I love bitcoin but i would love to get my salary in fiat..because its volatile it may increase or decrease..i dont want to take risk with my hardly earned money

Perhaps you should negotiate for a fix amount of fiat and receive BTC based on the exchange rate at the moment? For example, if your salary is $700, you will receive 1 BTC. If the bitcoin price drop to $350, you will get 2 BTC... but if the price shoots up to $1400, you will only get 0.5 BTC...

Well, thats pretty fair. I think if a company start giving salary in bitcoin thay will also do like this only if their work are fiat bases. like if the campany is usually  a fiat company but just paying salary in bitcoin then this method would be good.

but if the company would be 100% bitcoin related. just like a mining company. then you can't negotiate and have to receive your fixed bitcoin salary.
Receiving salary in bitcoin is just great to be true.
legendary
Activity: 2282
Merit: 1023
I love bitcoin but i would love to get my salary in fiat..because its volatile it may increase or decrease..i dont want to take risk with my hardly earned money

Perhaps you should negotiate for a fix amount of fiat and receive BTC based on the exchange rate at the moment? For example, if your salary is $700, you will receive 1 BTC. If the bitcoin price drop to $350, you will get 2 BTC... but if the price shoots up to $1400, you will only get 0.5 BTC...
full member
Activity: 196
Merit: 100
I love bitcoin but i would love to get my salary in fiat..because its volatile it may increase or decrease..i dont want to take risk with my hardly earned money
sr. member
Activity: 260
Merit: 250
The salary in bitcoins is a good thing for those who also trade with them for the rest of us I'm not sure if it's a great idea.
Because bitcoin only effective to use for online activities but it's not effective to use in real life or our environmental. Our community is unfamiliar with BTC. I'm not interested in receiving all of my salary in BTC form.
I do not want my salary in Bitcoins and I also do not think that it is going to be possible. If they want to make it possible then the government also have to be involved because of the salary and most people do not want that.
hero member
Activity: 924
Merit: 500
I would prefer only a part, cold be a 25% of my salari on Bitcoin and the rest on fiat. If i receive all on bitcoin i will need to convert on exchange to fiat for my daily expenses.
we are just the same thoughts but lower than you i think mine is 15% of my salari is in bitcoin so the rest is in fiat.. i just always believe in bitcoin but i can't invest it all in bitcoin because i have finance daily or monthly bills.. that needs to repay..
hero member
Activity: 3010
Merit: 524
Leading Crypto Sports Betting & Casino Platform
The salary in bitcoins is a good thing for those who also trade with them for the rest of us I'm not sure if it's a great idea.
Because bitcoin only effective to use for online activities but it's not effective to use in real life or our environmental. Our community is unfamiliar with BTC. I'm not interested in receiving all of my salary in BTC form.
legendary
Activity: 1470
Merit: 1001
I would prefer only a part, cold be a 25% of my salari on Bitcoin and the rest on fiat. If i receive all on bitcoin i will need to convert on exchange to fiat for my daily expenses.
hero member
Activity: 868
Merit: 503
I received a btc wage for a few years, working for an exchange. Btc salaries suck. First off, no one accepts btc in the "real world". Essentially, you will have to convert back to fiat to pay anything meaningful, which means paying a service fee. This adds up on bigger tabs (like the rent and utilities). It's like working for 3-9% less wage due to conversion fees.

That is crazy.  I just said in another thread, I just ate at Burger King an hour ago and paid in Bit.  It is crazy to think that no one takes it, it is all over the place.
legendary
Activity: 1148
Merit: 1048
I received a btc wage for a few years, working for an exchange. Btc salaries suck. First off, no one accepts btc in the "real world". Essentially, you will have to convert back to fiat to pay anything meaningful, which means paying a service fee. This adds up on bigger tabs (like the rent and utilities). It's like working for 3-9% less wage due to conversion fees.
hero member
Activity: 490
Merit: 500
The salary in bitcoins is a good thing for those who also trade with them for the rest of us I'm not sure if it's a great idea.
yeah it would be nice if you also someone who understands the trade. surely you will get doubled profit
but ordinary people who do not have that ability. This idea might be good enough I would prefer to get a salary with fiat of course
hero member
Activity: 770
Merit: 500
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.
no and wouldn't, because bitcoin price is unstable and i don't like to exchange it first when i need some money
though when the price is not stable you can earn a lot of money out of that in my opinion thus allowing you to make a lot of money so i guess that would be even a better thing

i would definitely like to receive my salary in bitcoins because i would get more bitcoins as an investment and i would also get a great chance to make some good profit out of it
hero member
Activity: 575
Merit: 500
If the BTC price is stable and there are establishments who accepts BTC in my area, I would probably opt for a certain percentage of my income to be paid in BTC. The price is key. If the price per BTC is extremely volatile, I would not want my pay to be depreciated in value.

Yes if the valuce does not change much, it good to get salary in Bitcoins

That is also my concern. The bitcoin price is too volatile. It is difficult to budget with the bitcoin in the short term.
But nowadays we will be lucky if we got our salary in bitcoin as with each passing day the price of bitcoin is increasing with big volume and we will become rich sooner alone with our salaries.

i would but btc and online business is not a thing in my country.

bitcoin and online business is not only for some countries or for a specific region of the world but in every corner of the world every person who have internet can do that.
full member
Activity: 178
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.
no and wouldn't, because bitcoin price is unstable and i don't like to exchange it first when i need some money
hero member
Activity: 1092
Merit: 523
Judging from the responses here from Philippino bitcoin users, it appears that Phillippines has a good eco system that supports and promotes bitcoins. They could pay their utility bills and credit card bills with bitcoins at convenience stores. Not sure other countries are able to do that.
Apparently, from what I've seen, it's only a third party paying center that converts people's bitcoins to cash and use that to pay the bills but it's a good thing that they have some kind of an instant converter to ease up the pain of going downtown in payment centers to pay the bills.
hero member
Activity: 560
Merit: 500
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 also I wont too, because i have many reason why i dont like, first because if they pay my service in bitcoin what if bitcoin price dump so if i need that money i dont have choice to convert it to fiat even if my balance is half only becasue the bitcoin dump. Second many hackers will try to hack many bitcoin account because it is easy than rubbing a bank it is safe than rubbing. So i think thats the reason why i dont want to get my paycheck 100% in bitcoin.
sr. member
Activity: 448
Merit: 250
Judging from the responses here from Philippino bitcoin users, it appears that Phillippines has a good eco system that supports and promotes bitcoins. They could pay their utility bills and credit card bills with bitcoins at convenience stores. Not sure other countries are able to do that.
hero member
Activity: 2674
Merit: 585
Leading Crypto Sports Betting & Casino Platform
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 certainly do not want to, first I agree with you that not many stores that accept bitcoin. and secondly if we accept bitcoin when the price drops dramatically it will bother, right? hehe
Of course there can be risk of price drop and for those months you may run out of money !

But getting partially in some percentage, wont make anyone sad Cheesy
In my case i would like to get 40% in Bitcoins and 60% in real cash check Cheesy
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
I already receive a percentage of my fortnightly paycheck direct in bitcoin.
I was already purchasing coins each pay so this was a good way to cut down on exchange fees and time, mostly the coins are available to me within 24hrs of my pay.
full member
Activity: 224
Merit: 100
yes i want to receive my salary in bitoin/ but the only thing is that where will i use it. as we hawe no shooping centere where poepel accpet the bitcoin.
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