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Re: Would you like to receive your salary in BTC?
by
chaser15
on 21/09/2016, 11:48:53 UTC
If you are a BTC lover, would you one day like to get your paycheck 100% in BTC?

Personally I won't. Because many facilities in my area doesn't support BTC payment. Smiley I do not mind receiving, say, 20% of my pay in BTC denomination.

In my own thoughts, I won't because nothing will change. I will just risk my salary into the price fluctuations. Whenever Im receiving my salary, the money is just seconds away in my hand due to monthly bill payments. So it's not different when I receive it thru bitcoin since I will convert it to fiat once I received it.

So for here, I always do things to make bitcoin thru various ways of earnings this currency.

Every time if you are going to convert it to fiat that means every time you will be paying exchange fees which doesn't sounds great and it won't be profitable too.

Also it will become more hassle since you will need to convert your salary into fiat the moment you received it. Unlike the usual way, where ATM machines are just centimeters away in your work or in some cases, receiving it directly as fiat.

So for us average person here, it's not a best thing to receive our daily job salary into fiat.