Post
Topic
Board Economics
Re: If you can get paid through cryptocurrency, do you still choose fiat currency?
by
CaVO32
on 28/07/2021, 21:56:49 UTC
~ If you can get paid through cryptocurrency, which one would you choose?
I would probably prefer to be paid in fiat in full because I'm already familiar with how to trade/convert to crypto at anytime. I mean I can buy more BTC if I do it on my own rather than through a payment processor that takes a higher service fee than my usual exchange.

I would do the same. Because if you will let the company buy btc on behalf of you, there will be charges from somewhere and you may end up receiving btc which is not the rate of the current market. So I'll just prefer to be paid in fiat and I will do my own trading of crypto. Maybe, this will be convenient, receiving btc directly for those new crypto users. So they don't to worry about the trading part. However, along the way, they will also learn once they received btc because that's the only way to understand this market, make your own trade.