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Author Topic: Are you ready to receive salary in crypto?  (Read 4066 times)

Offline vitek146

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Re: Are you ready to receive salary in crypto?
« Reply #75 on: May 03, 2021, 05:22:02 PM »
I'm ready, why not? 8) You can easily convert cryptocurrency to fiat so it's not a problem

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Re: Are you ready to receive salary in crypto?
« Reply #75 on: May 03, 2021, 05:22:02 PM »

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Re: Are you ready to receive salary in crypto?
« Reply #76 on: May 03, 2021, 05:25:59 PM »
I'm ready, why not? 8) You can easily convert cryptocurrency to fiat so it's not a problem

The problem is not converting cryptocurrencies to fiat, the problem is that in some countries it is prohibited to do so and in some of those that are not prohibited there are many legal complications to carry out that conversion. If there were no legal problems in any country in the world, many people would gladly accept it.
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Offline Papa Bear

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Re: Are you ready to receive salary in crypto?
« Reply #77 on: May 03, 2021, 05:32:25 PM »
Yes, I am paid in cryptocurrency. While I am not receiving bitcoin or ethereum, this is fine with me. I joined this group a few years ago, and it's amazing how much it's grown. I might be a millionaire if I saved 10% of it every day, but I sell it. I recommend that everyone obtain it and save at least 5-10% monthly; by the way, businesses are now paying in crypto in a number of countries.

Offline AGM

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Re: Are you ready to receive salary in crypto?
« Reply #78 on: May 03, 2021, 06:15:46 PM »
I am ready to receive salary in crypto . This is really a big opportunity for me . In our country this salary use for future assets not use in necessary goods .

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Re: Are you ready to receive salary in crypto?
« Reply #79 on: May 03, 2021, 06:27:47 PM »
Wow!! It is very interesting to receive salary through bitcoin or altcoin. It will open a new dimention in the crypto world if every service holder get his/her salary with crypto. But it is a matter of regret that it will take a long time to be applied. Because many countries don't give permission for crypto transaction. Still bitcoin cannot be used as like as fiat money in bitcoin percoin permitted countries. Yet I hope, one day bitcoin will be used for all types of transaction and salary will be paid by it.

Offline Rain075

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Re: Are you ready to receive salary in crypto?
« Reply #80 on: May 03, 2021, 10:25:10 PM »
Of course I agree with you opinion and dream but it's a  little bit possible in our country because our country governments don't allow cryptocurrencies because our country don't control bitcoin and others cryptocurrencies. So a economic balance will damage .
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Offline andrewBud

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Re: Are you ready to receive salary in crypto?
« Reply #81 on: May 03, 2021, 11:48:42 PM »
I agree to receive a salary in stablecoins ... It is rather risky to receive a salary in altcoins due to the unstable exchange rate; due to a sharp drop in the exchange rate, you can be left without any salary at all.

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Re: Are you ready to receive salary in crypto?
« Reply #81 on: May 03, 2021, 11:48:42 PM »


Offline lepbagong

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Re: Are you ready to receive salary in crypto?
« Reply #82 on: May 04, 2021, 07:34:39 AM »
I agree to receive a salary in stablecoins ... It is rather risky to receive a salary in altcoins due to the unstable exchange rate; due to a sharp drop in the exchange rate, you can be left without any salary at all.
it is clear that using payment in stabelcoin is the best way, in order to avoid unwanted things. where we know because crypto is unstable, as you say, there could be people who don't get it because its value drops when it is taken.

but it seems that paying salaries with crypto is not the best way, because there are still many countries that have not recognized it and it is also difficult to make transactions where many ATM machines are not available. it is different from local banks that do prepare qualified infrastructure in every remote area when people need fast.
it looks like let what is already going well are not interfered with by a method that is not necessarily understood by everyone.
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Offline Jaguar

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Re: Are you ready to receive salary in crypto?
« Reply #83 on: May 04, 2021, 10:34:46 AM »
Since cryptocurrency is too volatile, the only thing that is interesting to receive salary is in stablecoins.  Otherwise the salary can disappear per day.
Exactly mate. Stable coins is perfect as a method of payment. I will be thankful if I found a job that will rate me in stable coins in monthly basis. I don't support any unstable tokens as the payment. Because vulnerable to receive unstable and in a short while become zero or lower than half.

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Re: Are you ready to receive salary in crypto?
« Reply #84 on: May 04, 2021, 06:30:50 PM »
I'm ready, why not? 8) You can easily convert cryptocurrency to fiat so it's not a problem

The problem is not converting cryptocurrencies to fiat, the problem is that in some countries it is prohibited to do so and in some of those that are not prohibited there are many legal complications to carry out that conversion. If there were no legal problems in any country in the world, many people would gladly accept it.
on top of all that problems, there is the fee. You understand you cannot get the exact amount in the case of countries where p2p is the main way to transact now like in my country. Are you willing to loss $14 in a $30 transaction on p2p? I guess not so I will stick to fiat salary.

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Re: Are you ready to receive salary in crypto?
« Reply #85 on: May 04, 2021, 10:54:24 PM »
I heard about this micro strategy paying their workers in crypto, but I feel its unnecessary, because those workers will eventually sell their bitcoin off immediately they get that's if they need the money by month end though, however receiving salary in crypto would be nice, the only down side is after you recieve it and the coin starts dumping your value in dollars will reduce.
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Offline sampoerna

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Re: Are you ready to receive salary in crypto?
« Reply #86 on: May 04, 2021, 11:21:45 PM »
When being in the crypto market, we must be ready of any kinds of risks and also of course the profit. If we received salary or payment from cryptos that give us the profit, it will make our life sweeter. But never only think about the salary to accept but also the risks.

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Re: Are you ready to receive salary in crypto?
« Reply #87 on: May 04, 2021, 11:38:10 PM »
Of course I can do that. Mainstream adoption is at an all time high now, so I would gladly do it. One can always tether if theres a dump somehow

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Re: Are you ready to receive salary in crypto?
« Reply #88 on: May 05, 2021, 12:07:24 PM »
on top of all that problems, there is the fee. You understand you cannot get the exact amount in the case of countries where p2p is the main way to transact now like in my country. Are you willing to loss $14 in a $30 transaction on p2p? I guess not so I will stick to fiat salary.

I don't know what it will be like in your country, but in my country there are stores where I can sell practically any type of cryptocurrency. The last time I did it with USDT (TRC-20) at market price, the commission was only that of the transaction (1 USDT), so I have no problem with receiving my salary in crypto if I had the chance.
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Re: Are you ready to receive salary in crypto?
« Reply #89 on: May 05, 2021, 01:49:17 PM »
When being in the crypto market, we must be ready of any kinds of risks and also of course the profit. If we received salary or payment from cryptos that give us the profit, it will make our life sweeter. But never only think about the salary to accept but also the risks.
just agree with what you say, but not all countries can accept crypto and there are still many who do not. although they are allowed to trade, there are still countries that do not recognize it as a legal means of payment. It can be ascertained that if it is forced to pay with crypto, then he cannot immediately use it for shopping but must exchange it first, it is clearly difficult.

So it is not always like what you say what is obtained by paying using crypto is very profitable for those who receive it, it remains the country situation also determines whether it can be used directly for legal payments.
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