I don't have lot knowledge about different things about legalities or some government things.
I am become curious about paying an employee using Bitcoin direct to it's Bitcoin wallet.
Like these days, some of our salary are paid in different method, some are being deposit on some bank accounts, some are cheque, some are cash directly.
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.
If that is a digital company and employees are into Cryptocurrency, that may be a good option. But if its a usual company, that will only create problem for the company since they will have to convert fiat to coins and after the employees have received it, they have to convert it from coins to fiat. That doesn't makes sense, its hassle and will cost a lot of money to do that. I think it is going to be possible in the future, we are too early to jump into that kind of system. Its possible but not timely.