Post
Topic
Board Marketplace
Re: Could we get an economy of freelancers doing mini- or microtasks going?
by
Vitalik Buterin
on 28/05/2011, 23:05:28 UTC
I like the idea of being paid with bitcoins, but I would want it to be when the job's finished.

Say I accept to do something for 10 bitcoins, but the currency decreases in value, what happens then?

I don't think Bitcoin is stable enough to not list these offerings in USD.

I think having a Bitcoin employment economy would be the thing that stabilizes Bitcoin prices. Wages are sticky, so if people had the assurance that they could buy a certain amount of labor for 10 BTC in a few days, Bitcoin prices would have a natural limit to the suddenness of their growth.