Are you ready to receive salary in crypto?

[MrSpasybo]

MicroStrategy, the business intelligence firm that has made bitcoin (BTC, -1.45%) its main treasury reserve, said its non-employee board members will now be compensated in the cryptocurrency.

+In an 8-K filing with the U.S. Securities and Exchange Commission on Monday, MicroStrategy said that from April 11 onward non-employee directors on its board will receive all fees for their service in bitcoin instead of cash.
+In making the announcement, the firm's board cited its "commitment to bitcoin."
+Under this new arrangement, at the time of payment, the fees will be converted from U.S. dollars into bitcoin and then deposited into the digital wallet of the director.
+On April 5 MicroStrategy, purchased about 253 more BTC for $15 million in cash, bringing its total holdings to about 91,579 BTC.

Source: MicroStrategy Says Some of Its Board Directors to Be Paid in Bitcoin

The wave of Bitcoin adoption has widened, MicroStrategy officially announcing payment of the board of directors in Bitcoin. Although MicroStrategy is not the first company to do so, Sacramento Kings has done this before, but MicroStrategy's announcement has made a stronger impact on crypto community.
As can be seen this year, MicroStrategy has been continuously promoting Bitcoin, Michael Saylor has created meetings, published documents to help other large companies understand the value of Bitcoin, how to buy and store Bitcoin... MicroStrategy's role in crypto community is huge now, so I believe that in the next few months, other companies will also apply the Bitcoin salary to company management. I think Michael Saylor is behind this proposal.

Some statistics show that some companies have added criteria for prospective employees: understanding and accepting crypto ^^ Are you ready to work and receive a salary in crypto? Do you want to receive salary in Bitcoin or Altcoins?

[Unbunplease]

Since cryptocurrency is too volatile, the only thing that is interesting to receive salary is in stablecoins.  Otherwise the salary can disappear per day.

[UNIVERSE]

I still don't know about how this is. But of course,  I am sure that everybody will prefer Bitcoin than altcoins. Moreover they are new altcoins. Bitcoin will have its best value and and also trust from everybody and we know how powerful Bitcoin is

[Prime]

Of course, I am ready to work and receive a salary in crypto. It is no problem as long as the salary is easy to use or transfer to any people. But in some countries, it may be difficult to be applied because crypto coins cannot be used for payment tools. For example in my country, you cannot use crypto coins to pay for foods, services, or anything else. It is only used for a digital asset.

[fallenangel1789]

Lol. I would not prefer this due to volatility, at least for now. Actually, there is no need. It can create lots of legal and usecase difficulties in many countries. But too many companies started to give this option to their workers. Even Miami's mayor suggested Miami pay municipal workers and accept tax payments in Bitcoin, as well as invest city funds in the cryptocurrency. That's good.

[pelana vreo]

Some statistics show that some companies have added criteria for prospective employees: understanding and accepting crypto ^^ Are you ready to work and receive a salary in crypto? Do you want to receive salary in Bitcoin or Altcoins?

I,m ready for that, even though I work and join the bounty I get payment via token, if in real life people who work as employees or consultants are paid top crypto like BTC, then it looks good, because crypto prices fluctuate, I think they will accept salary corresponds to the price of the coin with dollar or fiat pairs

[Nimix]

Really,this is not in anyway a bad idea, but I am not sure if I want it. Or better still, let's see how it works then we know if it's OK to have.lol

[MishaSER]

I don’t think that a salary in the form of Bitcoin is a smart move. Of course now, when everything is growing, it looks good, but for the long term, losses are possible. After all, a person must live and spend his money. Of course, such a company pays a huge salary and these employees are rich and the fall of bitcoin is not terrible for them.

[pacar_tiri]

Really,this is not in anyway a bad idea, but I am not sure if I want it. Or better still, let's see how it works then we know if it's OK to have.lol

I think It is not difficult to receive salary in crypto. Because almost all of employees have received salary by bank or ATM. So,  at the coming future,I think it will happen. receive salary in crypto.
But crypto is high volatile.

[Dora Walletinvestor]

For now I don't think I would prefer getting payed in Bitcoin since there aren't many options yet to pay with it so it would be more complicated to spend the money. I'm also wary about what direction the regulations might take in the future.

[gurunanakji777]

Its a fantastic step by MicroStrategy even I believe many other companies in near future will also follow the MicroStrategy way. Their board members are agreed to receive money in Bitcoin. I would say they must trust bitcoin that's why they will get a salary in BTC. Such steps make BTC more valuable and trusted but I doubt everyone is ready to receive a salary in Bitcoin because Bitcoin is a highly volatile crypto currency and one can gain and lose in one day enough money.

[shadowdio]

That would be cool for me if I receive salary in cryptos because I am crypto fan no problem to me, I know crypto is very volatile but I'm ready for it. Depends to the employee if they like to receive crypto or cash.

[therozaq]

Its a fantastic step by MicroStrategy even I believe many other companies in near future will also follow the MicroStrategy way. Their board members are agreed to receive money in Bitcoin. I would say they must trust bitcoin that's why they will get a salary in BTC. Such steps make BTC more valuable and trusted but I doubt everyone is ready to receive a salary in Bitcoin because Bitcoin is a highly volatile crypto currency and one can gain and lose in one day enough money.

Of course,  I think It is a fantastic step by microstrategy.  But I think We will have several problem, If employees will receive salary in crypto currency as bitcoin. BecauseWe must withdraw our salary firstly, the we can to spend it.

[Rafiq]

Paying employees through cryptocurrency I think would be a great one for crypto; But I don't think the whole world is ready to accept it right now. Many countries in the world, especially my own, have not yet adopted or legalized cryptocurrency. Although crypto is highly volatile, it is not impossible to pay employees through it in the future.

[TomPluz]

I admire the genius of MicroStrategy. It believes so much on Bitcoin that it has already bought a lot, so that means it is really expecting that the value of Bitcoin will continue to rise in the foreseeable future and since it is being guided by this conviction it is helping the market by doing things that promote Bitcoin in many ways. And the latest is the news above. Now, to the question if i want my salary to be in Bitcoin the answer is a big yes the problem is that I am not receiving any salary at all since I am not gainfully employed plus I don't think any company - for now, that is - here in my country is courageous enough to deal with Bitcoin. Instead, what I am wishing is that bounty promotions should be paid either in Bitcoin or Ethereum -- but this just a fantasy as it is impossible.