Post
Topic
Board Bitcoin Discussion
Re: Started getting paid 100% in Bitcoin starting with my last paycheck
by
Elwar
on 03/01/2015, 22:04:48 UTC
I think more people should follow your initiative. However I am afraid converting 100% of salary on a monthly basis is still risky. I would like to go with 10-20% though. Is there any way to do so?

Another concern I have are fees for this service and overall financial benefit for both me and an employer.

1) Converting my wage into BTC so I can make use of BTC infrastructure should bring me benefits over doing the same with fiat. At least it must save me transaction fees which I would have to pay if I buy anything with fiat.

2) Both my employer and me should have tax release for an amount converted into BTC as this could be treated as company benefit.

Are you able to split your direct deposits between bank accounts? If so you can split it 10-20%, it goes by your direct deposit.

There are no fees though when I was paid the price was around $316 on Bitstamp and they paid me based on $319 so they may be adding 1% to their base price.

I have no idea about the employer using their service. As an employee my employer has no idea that I am being paid in Bitcoin.