Post
Topic
Board Bitcoin Discussion
Re: Bitcoin for salary
by
Bitcoinislife09
on 11/09/2020, 18:37:15 UTC

I want to ask if we will make official method for paying our employees in Bitcoin directly to their Bitcoin wallet.
Is this method is not foul on the government? Or it is legal?
Especially on the department of government that is about the labor or employment.

This is questionable to your government. It is possible and if it is already approving the use of bitcoin. This will be good and easier  for bitcoin users among the workers there. You can suggest that to your government department and that will be taking tovyour government but if you know your government is discouraging people to use bitcoin by making hard rules against it, you don't need to try convincing your government .

The bitcoin market price is increasing and decreasing most of the time and using it as a salary in a company is not a good idea. When you think about it there should be no problem doing it as long as everything checks out or it's approved by the company and bitcoin has no problem when it comes to your government. But it might be a big loss to the company because of the bitcoin value that is going up and down. Unless your company is not a bitcoin investors or doesn't have any connections or doesn't even use bitcoin there is no reason to use it at this time as a salary. I think when its a small exchange or bitcoin wallet I think bitcoin as a salary is fine at that business.