Post
Topic
Board Bitcoin Discussion
Re: Started getting paid 100% in Bitcoin starting with my last paycheck
by
Elwar
on 06/02/2015, 08:23:50 UTC
I work for General Dynamics, a company that is suckling on the US government's teet. They would never risk their sweet military industrial complex relationship with the government by accepting bitcoins.

I use bitwage.co (I do not work for them, just happy that I can get paid in Bitcoin).

I set up my direct deposit to the account number they provided me and my last paycheck it was all converted to bitcoins automatically. My bank never saw a penny of my paycheck.

That is the first step in dumping my bank forever.

For spending money I usually sell on localbitcoins for a profit anyway so I always have some cash on hand. And pretty much anything I want online can be paid in Bitcoin.

How do u pay your taxes then?? do u pay tax at all?

For last year I have taxes but I was getting money taken out of my paycheck and I will likely be close to getting money back.

For this year I will probably not have any income taxes to pay from living overseas. But I will surely (for any taxman watching) pay my Bitcoin taxes for any gains like a good comrade.

We do need a Bitcoin service that allows people to pay or get paid from the IRS. That would be the final step. The way Bitwage is set up they could probably set up a direct deposit for your tax refund. A Bitcoin bill pay service could probably be used to pay it, or going through Brawker.