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Author Topic: Are you ready to receive salary in crypto?  (Read 4151 times)

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Re: Are you ready to receive salary in crypto?
« Reply #15 on: April 15, 2021, 12:01:30 PM »
I think it's a great idea. What I am not clear about is the taxation they will use for receiving their salary in cryptocurrencies. If they proposed it to me, I would accept it without hesitation for a second, but I don't think my boss will ever propose it to me, I have ever talked to him about cryptocurrencies but he says it is "very complicated":o.
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Re: Are you ready to receive salary in crypto?
« Reply #15 on: April 15, 2021, 12:01:30 PM »

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Re: Are you ready to receive salary in crypto?
« Reply #16 on: April 15, 2021, 11:29:24 PM »
Great idea that has existed since Satoshi Nakamoto created Bitcoin and nowadays all companies have accepted cryptocurrency for payment.
I support payment using Bitcoin but some workers around the world have to exchange it for fiat to buy daily necessities, not all countries can spend Bitcoin, that's why some supermarkets and online shops need to add such payment methods to make it easier for users to buy goods

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Re: Are you ready to receive salary in crypto?
« Reply #18 on: April 16, 2021, 12:10:02 AM »
Of course I am very prepared. With all conditions in crypto, including salaries in crypto. I will continue to do my best here to achieve the wealth I want.
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Re: Are you ready to receive salary in crypto?
« Reply #19 on: April 16, 2021, 12:37:04 AM »
I'm ready with a crypto payment system,There are many benefits that will be obtained in the long term, if this payment system is implemented throughout the company, of course, one day there will be employee salaries that are almost the same as 1 ethereum, the list of companies that accept Bitcoin has grown and I hope they will use crypto payment methods in the future ahead to pay employee salaries https://paybis.com/blog/companies-that-accept-bitcoin/
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Re: Are you ready to receive salary in crypto?
« Reply #20 on: April 16, 2021, 12:41:51 AM »
Of course I am very prepared for this. Salary is what many people expect in crypto. i love it so much and really can't wait for this.
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Re: Are you ready to receive salary in crypto?
« Reply #21 on: April 16, 2021, 10:55:51 PM »
Cryptocurrency has a very fluctuating value, but I have no problem with being paid with Cryptocurrency as long as the coins paid to me are top coins like Bitcoin or Ethereum. Because even though the value of fluctuation is high, Bitcoin and Ethereum are still safe to hold.

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Re: Are you ready to receive salary in crypto?
« Reply #21 on: April 16, 2021, 10:55:51 PM »


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Re: Are you ready to receive salary in crypto?
« Reply #22 on: April 16, 2021, 11:30:30 PM »
Sure, personally, I am fully ready to receive my salaries in bitcoin or any other good crypto currency, but I did be sure ready to convert them immediately to stable coins incase the market is to volatile at the moment of receiving, but also, I still think it's better to receive salaries in fiat, it's up to the individual to invest it in bitcoin or any other crypto if he or she so wish, but speaking for myself personally, if I happen to work in a company where theres no other option to receiving salaries bitcoin, then am fully ready.
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Re: Are you ready to receive salary in crypto?
« Reply #23 on: April 17, 2021, 06:42:14 AM »
Definitely I will consider being paid with cryptocurrency as my salary imagine being paid with Bitcoin as salary 4 years ago till now I will have earned enough profits, I will only exchange some BTC to Fiat to take care of or cater for my needs like buying of stuffs and payment for services while the rest will be in my wallet while the price pump I will enjoy the benefit of hodling some btc.

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Re: Are you ready to receive salary in crypto?
« Reply #24 on: April 17, 2021, 07:05:36 AM »
i think its a good idea, we know that now crypto is growing and we also have to be able to keep up with the times. maybe it would be easier if the payment was using crypto in daily life or whatever. personally, I will support it if that happens
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Offline Anonylz

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Re: Are you ready to receive salary in crypto?
« Reply #25 on: April 17, 2021, 08:01:05 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.
Just one down side to it  :D I too dont think I would want to do that because even if they are going to be paying the crypto worth of your salary and because of its volatility you wanted to change to stable coins, so like you said, Stable coins might be the only form of crypto I take for salary instead of any other crypto because of its convenience.

Offline yurez

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Re: Are you ready to receive salary in crypto?
« Reply #26 on: April 17, 2021, 09:06:20 AM »
I would agree to receive a salary only in stablecoins, since all altcoins are very volatile and the fall in the rate is only a matter of time.

Offline pealr12

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Re: Are you ready to receive salary in crypto?
« Reply #27 on: April 17, 2021, 09:27:50 AM »
Crypto is too volatile and the possibility of sustainability of value is very uncertain, if for any reason someone their salary get paid with btc, it will only be good when the price is up, but when the price dump, your value of salary will also dump which means you may have to wait for price to be up to get same value, for this reason am not so sure about receiving salary with crypto.

Offline Sammy9ce

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Re: Are you ready to receive salary in crypto?
« Reply #28 on: April 17, 2021, 10:03:53 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.
Volatility is what gives it more value don't forget, recieving your salary in stable in usdt is just like recieving in fiat in cash or via bank transfer, we'll that's you though for me I would prefer to recieve my payment in bitcoin or eth, I understand the risk of it dumping but do you also consider the profit you can earn after you get paid and it pumps.
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Offline Freemind

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Re: Are you ready to receive salary in crypto?
« Reply #29 on: April 17, 2021, 11:12:35 AM »
I don't think volatility is a problem in this case. You could always receive your salary in stablecoins or automate the sale of the cryptocurrencies we receive in seconds, that way there would be no problem. The biggest problem I see in this is what percentage and amount when paying taxes.
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